The Travelers Companies, Inc. (NYSE:TRV) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,793 shares of the insurance provider's stock after buying an additional 1,455 shares during the period. LPL Financial LLC owned approximately 0.09% of Travelers Companies worth $47,646,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TRV. State Street Corp boosted its holdings in shares of Travelers Companies by 0.8% in the third quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock valued at $3,644,532,000 after acquiring an additional 120,228 shares in the last quarter. Geode Capital Management LLC lifted its position in Travelers Companies by 2.3% in the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider's stock valued at $1,187,865,000 after purchasing an additional 114,714 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Travelers Companies by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,522,769 shares of the insurance provider's stock valued at $366,820,000 after purchasing an additional 26,117 shares in the last quarter. Bahl & Gaynor Inc. increased its position in Travelers Companies by 4.5% during the 4th quarter. Bahl & Gaynor Inc. now owns 1,189,236 shares of the insurance provider's stock worth $286,475,000 after purchasing an additional 51,589 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Travelers Companies by 4.0% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,085,635 shares of the insurance provider's stock worth $254,169,000 after buying an additional 41,683 shares in the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

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Travelers Companies Trading Up 0.0 %

Shares of Travelers Companies stock traded up $0.05 during mid-day trading on Tuesday, hitting $264.51. 999,854 shares of the stock were exchanged, compared to its average volume of 1,278,333. The stock has a market capitalization of $59.97 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The company has a 50-day simple moving average of $251.56 and a 200 day simple moving average of $248.47.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.50 by $2.65. The firm had revenue of $12.01 billion for the quarter, compared to analyst estimates 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 was up 9.9% compared to the same quarter last year. During the same quarter last year, the business earned $7.01 earnings per share. Research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were paid a $1.05 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.59%. Travelers Companies's payout ratio is currently 19.56%.

Analyst Ratings Changes

A number of research firms recently weighed in on TRV. Keefe, Bruyette & Woods upgraded Travelers Companies from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $275.00 to $286.00 in a research note on Wednesday, February 19th. Piper Sandler upgraded shares of Travelers Companies from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $259.00 to $310.00 in a research report on Friday, January 24th. Hsbc Global Res downgraded shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th. The Goldman Sachs Group upgraded shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price objective for the company in a research note on Wednesday, January 8th. Finally, Wells Fargo & Company upped their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $260.00.

Travelers Companies Profile

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.