Mn Services Vermogensbeheer B.V. Increases Position in The Travelers Companies, Inc. (NYSE:TRV)

Mn Services Vermogensbeheer B.V. increased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 2.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 90,247 shares of the insurance provider's stock after buying an additional 1,800 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Travelers Companies were worth $21,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Travelers Companies by 1.2% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock worth $822,000 after purchasing an additional 41 shares during the last quarter. Quent Capital LLC boosted its holdings in Travelers Companies by 3.3% in 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 during the last quarter. Salem Investment Counselors Inc. grew its position in Travelers Companies by 5.1% in the 4th quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider's stock worth $218,000 after purchasing an additional 44 shares during the period. Somerset Trust Co lifted its holdings in shares of Travelers Companies by 5.2% during the 4th quarter. Somerset Trust Co now owns 918 shares of the insurance provider's stock valued at $221,000 after buying an additional 45 shares during the period. Finally, Brooklyn Investment Group boosted its stake in shares of Travelers Companies by 3.8% in the 3rd quarter. Brooklyn Investment Group now owns 1,255 shares of the insurance provider's stock worth $294,000 after buying an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TRV shares. BMO Capital Markets increased their target price on Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a report on Friday, January 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 on the stock in a research note on Wednesday, January 8th. Janney Montgomery Scott lowered shares of Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 target price for the company. in a research report on Thursday, November 21st. StockNews.com downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Travelers Companies has an average rating of "Hold" and an average target price of $261.05.

Travelers Companies Price Performance

Travelers Companies stock traded up $2.28 during mid-day trading on Monday, reaching $260.77. 1,573,351 shares of the company's stock traded hands, compared to its average volume of 1,347,093. 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 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average of $243.21 and a two-hundred day moving average of $243.41. The company has a market cap of $59.12 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 4.65 and a beta of 0.64.

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, beating the consensus estimate of $6.50 by $2.65. The firm had revenue of $12.01 billion for 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%. During the same period in the prior year, the company earned $7.01 EPS. The business's revenue was up 9.9% compared to the same quarter last year. Equities analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies's dividend payout ratio (DPR) is 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.