O Shaughnessy Asset Management LLC Acquires 9,729 Shares of The Travelers Companies, Inc. (NYSE:TRV)

O Shaughnessy Asset Management LLC grew its position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,965 shares of the insurance provider's stock after buying an additional 9,729 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Travelers Companies were worth $26,730,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Travelers Companies by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider's stock worth $5,207,499,000 after purchasing an additional 117,108 shares in the last quarter. State Street Corp increased its position in Travelers Companies by 0.8% in the third quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock worth $3,644,532,000 after buying an additional 120,228 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of 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 worth $1,187,865,000 after buying an additional 114,714 shares during the period. Norges Bank purchased a new position in shares of Travelers Companies during the 4th quarter valued at about $560,918,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Travelers Companies by 1.7% during 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 acquiring an additional 26,117 shares during the period. Institutional investors own 82.45% of the company's stock.

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Analyst Ratings Changes

Several equities analysts have weighed in on TRV shares. StockNews.com downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Barclays lifted their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Keefe, Bruyette & Woods upgraded Travelers Companies from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $275.00 to $286.00 in a research note on Wednesday, February 19th. Piper Sandler raised Travelers Companies from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $259.00 to $310.00 in a research note on Friday, January 24th. Finally, Wells Fargo & Company increased their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research report on Thursday, January 23rd. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $260.00.

Travelers Companies Trading Up 0.0 %

NYSE TRV traded up $0.04 during trading hours on Wednesday, hitting $264.58. 1,048,029 shares of the company were exchanged, compared to its average volume of 1,277,425. The stock has a market cap of $59.99 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. 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 price of $251.56 and a 200 day moving average price of $248.47. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly 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. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period last year, the company earned $7.01 earnings per share. Travelers Companies's revenue was up 9.9% on a year-over-year basis. Analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

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

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.