Sei Investments Co. Has $38.01 Million Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

Sei Investments Co. reduced its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,798 shares of the insurance provider's stock after selling 16,561 shares during the quarter. Sei Investments Co. owned approximately 0.07% of Travelers Companies worth $38,013,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TRV. Pinnacle Wealth Management Advisory Group LLC grew its holdings in Travelers Companies by 1.2% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider's stock valued at $822,000 after buying an additional 41 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Travelers Companies by 3.3% during the fourth quarter. Quent Capital LLC now owns 1,363 shares of the insurance provider's stock valued at $328,000 after acquiring an additional 43 shares during the last quarter. Salem Investment Counselors Inc. increased its position in Travelers Companies by 5.1% during 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 in the last quarter. Somerset Trust Co raised its stake in Travelers Companies by 5.2% in the 4th quarter. Somerset Trust Co now owns 918 shares of the insurance provider's stock valued at $221,000 after purchasing an additional 45 shares during the last quarter. Finally, Brooklyn Investment Group lifted its holdings in Travelers Companies by 3.8% in the 3rd quarter. Brooklyn Investment Group now owns 1,255 shares of the insurance provider's stock valued at $294,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

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Travelers Companies Price Performance

Shares of TRV stock traded up $0.17 during trading hours on Thursday, hitting $262.43. 178,954 shares of the company's stock were exchanged, compared to its average volume of 1,180,772. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56. The stock has a market cap of $59.50 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The stock's 50-day moving average is $249.70 and its 200-day moving average is $247.64.

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 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 analyst estimates of $10.80 billion. During the same quarter in the prior year, the firm earned $7.01 EPS. The company's revenue was up 9.9% on a year-over-year basis. As a group, research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies's dividend payout ratio (DPR) is 19.56%.

Analyst Upgrades and Downgrades

TRV has been the subject of a number of recent research reports. Barclays lifted their price target 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. HSBC downgraded Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research report on Monday. Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday. Piper Sandler raised shares of Travelers Companies from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, Keefe, Bruyette & Woods upgraded Travelers Companies from a "market perform" rating to an "outperform" rating and lifted their price objective for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. 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. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $260.00.

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.