Kestra Private Wealth Services LLC Buys 2,633 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Kestra Private Wealth Services LLC grew its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 53.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,522 shares of the insurance provider's stock after buying an additional 2,633 shares during the quarter. Kestra Private Wealth Services LLC's holdings in Travelers Companies were worth $1,812,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in TRV. YANKCOM Partnership acquired a new position in shares of Travelers Companies during the fourth quarter valued at about $27,000. Wolff Wiese Magana LLC lifted its position in shares of Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock valued at $37,000 after purchasing an additional 45 shares in the last quarter. True Wealth Design LLC bought a new position in shares of Travelers Companies during the third quarter valued at about $41,000. Catalyst Capital Advisors LLC bought a new position in shares of Travelers Companies during the third quarter valued at about $50,000. Finally, Versant Capital Management Inc lifted its position in shares of Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider's stock valued at $61,000 after purchasing an additional 215 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Price Performance

NYSE:TRV traded down $4.76 during mid-day trading on Friday, hitting $238.25. 1,348,166 shares of the stock traded hands, compared to its average volume of 1,409,407. The business's 50-day moving average price is $242.76 and its 200 day moving average price is $240.63. The company has a market cap of $54.09 billion, a PE ratio of 11.10, a price-to-earnings-growth ratio of 1.08 and a beta of 0.64. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.55. The company has a quick ratio of 0.34, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate of $6.50 by $2.65. The company had revenue of $12.01 billion during the quarter, compared to analysts' expectations of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. Travelers Companies's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $7.01 earnings per share. On average, analysts expect that The Travelers Companies, Inc. will post 20.57 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a dividend of $1.05 per share. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.76%. Travelers Companies's dividend payout ratio is currently 19.56%.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of the business's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the transaction, the executive vice president now owns 111,162 shares of the company's stock, valued at $29,102,211.60. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the completion of the transaction, the insider now directly owns 250,384 shares of the company's stock, valued at approximately $66,301,683.20. This represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Royal Bank of Canada reissued a "sector perform" rating and set a $268.00 price target (down from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. StockNews.com lowered shares of Travelers Companies from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. HSBC raised shares of Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 price objective on the stock in a research report on Tuesday, December 10th. Hsbc Global Res raised shares of Travelers Companies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 10th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Travelers Companies from $268.00 to $275.00 and gave the stock a "market perform" rating in a research report on Monday, January 27th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $260.47.

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.