Madison Investment Advisors LLC Takes Position in The Travelers Companies, Inc. (NYSE:TRV)

Madison Investment Advisors LLC purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,010 shares of the insurance provider's stock, valued at approximately $725,000.

Other large investors also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC raised its holdings in Travelers Companies by 1.2% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock valued at $822,000 after buying an additional 41 shares during the period. Quent Capital LLC lifted its stake in shares of Travelers Companies by 3.3% during the fourth quarter. Quent Capital LLC now owns 1,363 shares of the insurance provider's stock worth $328,000 after purchasing an additional 43 shares in the last quarter. Salem Investment Counselors Inc. boosted its position in shares of Travelers Companies by 5.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider's stock worth $218,000 after buying an additional 44 shares during the period. Somerset Trust Co lifted its position in shares of Travelers Companies by 5.2% during the fourth quarter. Somerset Trust Co now owns 918 shares of the insurance provider's stock worth $221,000 after purchasing an additional 45 shares in the last quarter. Finally, Brooklyn Investment Group increased its position in shares of Travelers Companies by 3.8% during the third quarter. Brooklyn Investment Group now owns 1,255 shares of the insurance provider's stock worth $294,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

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Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. HSBC downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a research report on Monday. Royal Bank of Canada restated a "sector perform" rating and set a $268.00 price target (down previously from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price on the stock in a report on Wednesday, January 8th. Hsbc Global Res downgraded Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday. Finally, StockNews.com cut Travelers Companies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $260.00.

Travelers Companies Stock Performance

TRV traded up $2.28 on Wednesday, hitting $261.73. 1,111,374 shares of the stock traded hands, compared to its average volume of 1,399,502. The business has a fifty day moving average price of $249.27 and a two-hundred day moving average price of $247.54. 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 Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.55. The firm has a market capitalization of $59.34 billion, a PE ratio of 12.19, a P/E/G ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. The business's revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.01 EPS. On average, research analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.60%. Travelers Companies's payout ratio is presently 19.56%.

Travelers Companies Company 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.