KCM Investment Advisors LLC Acquires 3,095 Shares of The Travelers Companies, Inc. (NYSE:TRV)

KCM Investment Advisors LLC increased its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 16.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,367 shares of the insurance provider's stock after purchasing an additional 3,095 shares during the period. KCM Investment Advisors LLC's holdings in Travelers Companies were worth $5,147,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in TRV. Resona Asset Management Co. Ltd. bought a new stake in shares of Travelers Companies in the 4th quarter worth approximately $20,394,000. Wells Fargo & Company MN boosted its position in Travelers Companies by 0.4% during the 4th quarter. Wells Fargo & Company MN now owns 846,782 shares of the insurance provider's stock valued at $203,981,000 after acquiring an additional 2,958 shares in the last quarter. First Western Trust Bank bought a new stake in shares of Travelers Companies during the fourth quarter valued at approximately $206,000. Unison Advisors LLC grew its stake in Travelers Companies by 0.4% in the fourth quarter. Unison Advisors LLC now owns 15,307 shares of the insurance provider's stock worth $3,687,000 after purchasing an additional 66 shares during the period. Finally, Yoffe Investment Management LLC bought a new position in Travelers Companies in the fourth quarter worth $1,202,000. Hedge funds and other institutional investors own 82.45% of the company's stock.

Travelers Companies Trading Down 2.3 %

Shares of Travelers Companies stock traded down $5.70 on Thursday, reaching $242.41. The company had a trading volume of 597,580 shares, compared to its average volume of 1,297,708. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The firm's 50-day moving average price is $251.57 and its two-hundred day moving average price is $248.74. The firm has a market cap of $54.96 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 4.65 and a beta of 0.48. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.56.

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Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping analysts' consensus estimates of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The firm had revenue of $12.01 billion during the quarter, compared to analysts' expectations of $10.80 billion. During the same period in the previous year, the company earned $7.01 EPS. The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, research analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were given a $1.05 dividend. The ex-dividend date was Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.73%. Travelers Companies's dividend payout ratio (DPR) is 19.56%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. BMO Capital Markets boosted their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Keefe, Bruyette & Woods dropped their price target on shares of Travelers Companies from $286.00 to $274.00 and set an "outperform" rating on the stock in a research note on Wednesday. UBS Group reduced their price objective on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research note on Wednesday. The Goldman Sachs Group upgraded shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price on the stock in a research note on Wednesday, January 8th. Finally, Hsbc Global Res downgraded shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $261.89.

About Travelers Companies

The Travelers Companies, Inc, through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.