Plancorp LLC Takes Position in The Travelers Companies, Inc. (NYSE:TRV)

Plancorp LLC purchased a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,236 shares of the insurance provider's stock, valued at approximately $298,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. YANKCOM Partnership bought a new stake in shares of Travelers Companies during the fourth quarter valued at approximately $27,000. Generali Investments Management Co LLC bought a new stake in Travelers Companies during the fourth quarter worth $37,000. True Wealth Design LLC bought a new stake in shares of Travelers Companies in the 3rd quarter worth $41,000. Asset Planning Inc bought a new position in shares of Travelers Companies during the fourth quarter valued at about $44,000. Finally, Providence First Trust Co purchased a new position in Travelers Companies during the fourth quarter worth about $48,000. 82.45% of the stock is currently owned by institutional investors.

Travelers Companies Price Performance

NYSE:TRV traded up $0.65 during trading hours on Thursday, hitting $262.91. 910,844 shares of the company's stock traded hands, compared to its average volume of 1,183,634. The firm has a market cap of $59.61 billion, a P/E ratio of 12.25, a P/E/G 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 business's fifty day simple moving average is $249.70 and its two-hundred day simple moving average is $247.64. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56.

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Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $10.80 billion. During the same quarter in the previous year, the firm earned $7.01 earnings per share. Travelers Companies's revenue was up 9.9% on a year-over-year basis. On average, research analysts anticipate 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 announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.60%. Travelers Companies's dividend payout ratio is presently 19.56%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TRV shares. Royal Bank of Canada reissued a "sector perform" rating and set a $268.00 target price (down previously from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods raised Travelers Companies from a "market perform" rating to an "outperform" rating and raised their target price for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. Barclays raised their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the stock an "overweight" rating in a report on Friday, January 24th. Piper Sandler upgraded shares of Travelers Companies from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $259.00 to $310.00 in a research note on Friday, January 24th. Finally, StockNews.com lowered shares of Travelers Companies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Travelers Companies currently has an average rating of "Hold" and a consensus target price of $260.00.

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.