The Travelers Companies, Inc. (NYSE:TRV) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 54.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,065 shares of the insurance provider's stock after acquiring an additional 9,178 shares during the period. Pacer Advisors Inc.'s holdings in Travelers Companies were worth $6,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TRV. NewEdge Advisors LLC grew its stake in Travelers Companies by 14.9% during the 2nd quarter. NewEdge Advisors LLC now owns 24,875 shares of the insurance provider's stock valued at $5,058,000 after acquiring an additional 3,228 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Travelers Companies by 10.2% in the second quarter. EP Wealth Advisors LLC now owns 2,817 shares of the insurance provider's stock valued at $573,000 after purchasing an additional 261 shares during the last quarter. Advisory Alpha LLC purchased a new position in Travelers Companies during the second quarter worth approximately $218,000. Cetera Investment Advisers boosted its stake in Travelers Companies by 7.4% during the second quarter. Cetera Investment Advisers now owns 48,921 shares of the insurance provider's stock worth $9,948,000 after buying an additional 3,380 shares during the last quarter. Finally, New Century Financial Group LLC purchased a new stake in Travelers Companies in the 2nd quarter valued at $324,000. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Travelers Companies Stock Performance

Shares of TRV stock traded down $0.50 during mid-day trading on Thursday, hitting $249.02. The stock had a trading volume of 836,376 shares, compared to its average volume of 1,489,871. The firm has a market cap of $56.53 billion, a PE ratio of 11.60, a PEG ratio of 1.09 and a beta of 0.65. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $269.55. The company's 50-day simple moving average is $247.33 and its 200-day simple moving average is $238.15. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.34.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping analysts' consensus estimates of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The firm had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the firm earned $7.01 earnings per share. The firm's revenue was up 9.9% on a year-over-year basis. Sell-side analysts anticipate that The Travelers Companies, Inc. will post 20.33 earnings per share for the current year.

Travelers Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given 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 1.69%. Travelers Companies's dividend payout ratio (DPR) is presently 19.56%.

Insider Activity at Travelers Companies

In related news, EVP Maria Olivo sold 10,410 shares of Travelers Companies stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the transaction, the executive vice president now owns 111,162 shares in the company, valued at approximately $29,102,211.60. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Vice Chairman William H. Heyman sold 3,740 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now owns 250,384 shares in the company, valued at approximately $66,301,683.20. This trade 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 insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TRV. Bank of America boosted their price target on shares of Travelers Companies from $241.00 to $265.00 and gave the company an "underperform" rating in a research report on Thursday, October 17th. StockNews.com downgraded shares of Travelers Companies from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Keefe, Bruyette & Woods increased their price objective on Travelers Companies from $268.00 to $275.00 and gave the stock a "market perform" rating in a research report on Monday. The Goldman Sachs Group upgraded Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price on the stock in a research report on Wednesday, January 8th. Finally, UBS Group raised their price objective on Travelers Companies from $244.00 to $270.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target 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.