R.H. Investment Group LLC Invests $4.87 Million in The Travelers Companies, Inc. (NYSE:TRV)

R.H. Investment Group LLC acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,211 shares of the insurance provider's stock, valued at approximately $4,869,000. Travelers Companies accounts for approximately 4.6% of R.H. Investment Group LLC's portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of TRV. Wolff Wiese Magana LLC boosted its position in Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock valued at $37,000 after purchasing an additional 45 shares during the last quarter. True Wealth Design LLC acquired a new position in Travelers Companies in the 3rd quarter worth about $41,000. Catalyst Capital Advisors LLC purchased a new stake in shares of Travelers Companies during the 3rd quarter worth about $50,000. Versant Capital Management Inc lifted its holdings in shares of Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider's stock valued at $61,000 after buying an additional 215 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its stake in shares of Travelers Companies by 22.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 276 shares of the insurance provider's stock valued at $65,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Diane Kurtzman sold 3,941 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $260.45, for a total transaction of $1,026,433.45. Following the completion of the transaction, the executive vice president now directly owns 1,715 shares in the company, valued at $446,671.75. This represents a 69.68 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Alan D. Schnitzer sold 40,524 shares of the business's stock in a transaction on Monday, October 21st. The shares were sold at an average price of $260.12, for a total transaction of $10,541,102.88. Following the completion of the sale, the chief executive officer now owns 221,924 shares in the company, valued at $57,726,870.88. This represents a 15.44 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 78,149 shares of company stock valued at $20,295,856 in the last 90 days. 1.33% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TRV. BMO Capital Markets raised their price objective on shares of Travelers Companies from $233.00 to $270.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. Barclays cut their price target on shares of Travelers Companies from $295.00 to $278.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. The Goldman Sachs Group upgraded shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price objective for the company in a report on Wednesday, January 8th. Wells Fargo & Company cut their target price on Travelers Companies from $217.00 to $213.00 and set an "underweight" rating on the stock in a report on Tuesday. Finally, Piper Sandler decreased their price target on Travelers Companies from $280.00 to $259.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $254.65.

Travelers Companies Stock Performance

Shares of TRV traded up $3.21 during trading hours on Wednesday, reaching $240.14. 1,481,117 shares of the company traded hands, compared to its average volume of 1,404,212. The Travelers Companies, Inc. has a 1-year low of $194.54 and a 1-year high of $269.55. The stock has a market cap of $54.52 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 1.17 and a beta of 0.65. The stock's fifty day moving average is $250.38 and its 200 day moving average is $235.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 EPS for the quarter, topping analysts' consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.46 billion. During the same quarter last year, the company earned $1.95 EPS. The company's quarterly revenue was up 11.9% on a year-over-year basis. Equities research analysts anticipate that The Travelers Companies, Inc. will post 18.84 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th were paid a dividend of $1.05 per share. The ex-dividend date was Tuesday, December 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.75%. Travelers Companies's dividend payout ratio is currently 21.54%.

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.