The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,617,748 shares of the insurance provider's stock after purchasing an additional 117,108 shares during the period. Vanguard Group Inc. owned approximately 9.52% of Travelers Companies worth $5,207,499,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TRV. YANKCOM Partnership acquired a new position in Travelers Companies during the fourth quarter worth $27,000. Generali Investments Management Co LLC acquired a new position in shares of Travelers Companies during the 4th quarter worth $37,000. True Wealth Design LLC purchased a new position in shares of Travelers Companies in the 3rd quarter valued at about $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the fourth quarter valued at about $44,000. Finally, Providence First Trust Co purchased a new stake in Travelers Companies during the fourth quarter worth about $48,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TRV shares. Hsbc Global Res cut shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a report on Monday. StockNews.com downgraded Travelers Companies from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $268.00 price target (down previously from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. The Goldman Sachs Group upgraded shares of Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 target price for the company in a report on Wednesday, January 8th. Finally, BMO Capital Markets raised their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Four research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $260.00.

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Travelers Companies Stock Down 0.3 %

Shares of TRV stock traded down $0.75 during mid-day trading on Thursday, reaching $261.51. 211,831 shares of the company were exchanged, compared to its average volume of 1,180,885. The company has a market capitalization of $59.29 billion, a P/E ratio of 12.19, a P/E/G ratio of 4.65 and a beta of 0.60. The business's 50 day simple moving average is $249.70 and its 200 day simple moving average is $247.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $269.56.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company's revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.01 EPS. Research analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.61%. Travelers Companies's payout ratio is 19.56%.

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.