Financial Engines Advisors L.L.C. Acquires 1,572 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Financial Engines Advisors L.L.C. lifted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 107.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,031 shares of the insurance provider's stock after purchasing an additional 1,572 shares during the period. Financial Engines Advisors L.L.C.'s holdings in Travelers Companies were worth $730,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Elevate Capital Advisors LLC bought a new stake in shares of Travelers Companies in the fourth quarter valued at $4,627,000. Erste Asset Management GmbH boosted its position in Travelers Companies by 1.0% during the fourth quarter. Erste Asset Management GmbH now owns 10,000 shares of the insurance provider's stock worth $2,414,000 after purchasing an additional 100 shares during the period. Franklin Resources Inc. increased its stake in shares of Travelers Companies by 39.5% in the third quarter. Franklin Resources Inc. now owns 135,957 shares of the insurance provider's stock worth $32,646,000 after purchasing an additional 38,515 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in shares of Travelers Companies by 34.6% in the third quarter. Orion Portfolio Solutions LLC now owns 18,144 shares of the insurance provider's stock valued at $4,248,000 after purchasing an additional 4,665 shares during the period. Finally, Czech National Bank lifted its stake in shares of Travelers Companies by 6.0% during the 4th quarter. Czech National Bank now owns 49,223 shares of the insurance provider's stock valued at $11,857,000 after buying an additional 2,792 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

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Travelers Companies Trading Up 0.0 %

TRV traded up $0.05 during trading on Tuesday, hitting $264.51. 999,854 shares of the stock traded hands, compared to its average volume of 1,278,333. The firm has a 50-day moving average of $251.56 and a 200 day moving average of $248.47. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.56. The firm has a market capitalization of $59.97 billion, a P/E ratio of 12.32, 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.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping analysts' consensus estimates of $6.50 by $2.65. The company had revenue of $12.01 billion during 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%. Travelers Companies's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted $7.01 earnings per share. Equities research analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 1.59%. The ex-dividend date was Monday, March 10th. Travelers Companies's dividend payout ratio (DPR) is currently 19.56%.

Analyst Ratings Changes

TRV has been the topic of a number of analyst reports. Piper Sandler raised 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 report on Friday, January 24th. StockNews.com downgraded Travelers Companies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Wells Fargo & Company upped their price target on Travelers Companies from $213.00 to $225.00 and gave the company an "underweight" rating in a research report on Thursday, January 23rd. Barclays raised their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $268.00 target price (down from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Four equities 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. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $260.00.

Travelers Companies 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.