Schroder Investment Management Group Has $24.87 Million Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Schroder Investment Management Group increased its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 214.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 103,660 shares of the insurance provider's stock after purchasing an additional 70,721 shares during the period. Schroder Investment Management Group's holdings in Travelers Companies were worth $24,865,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TRV. YANKCOM Partnership purchased a new position in shares of Travelers Companies during the fourth quarter valued at $27,000. Generali Investments Management Co LLC acquired a new position in shares of Travelers Companies in the 4th quarter valued at about $37,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies during the fourth quarter worth approximately $44,000. Providence First Trust Co purchased a new position in Travelers Companies during the fourth quarter valued at approximately $48,000. Finally, IMG Wealth Management Inc. purchased a new position in Travelers Companies during the fourth quarter valued at approximately $55,000. 82.45% of the stock is currently owned by hedge funds and other institutional investors.

Travelers Companies Price Performance

TRV traded down $8.87 during trading on Monday, hitting $233.39. The company's stock had a trading volume of 2,424,919 shares, compared to its average volume of 1,291,984. 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 stock has a market capitalization of $52.91 billion, a price-to-earnings ratio of 10.87, a price-to-earnings-growth ratio of 4.65 and a beta of 0.48. The firm's 50 day moving average price is $252.02 and its two-hundred day moving average price is $248.77. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56.

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Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly 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. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business had revenue of $12.01 billion during the quarter, compared to analysts' expectations of $10.80 billion. During the same period in the previous year, the business posted $7.01 earnings per share. The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. Sell-side analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were paid a dividend of $1.05 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.80%. Travelers Companies's dividend payout ratio (DPR) is currently 19.56%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TRV shares. The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price target for the company in a research note on Wednesday, January 8th. Barclays boosted their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. Wells Fargo & Company boosted their price objective on Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research report on Thursday, January 23rd. Piper Sandler raised shares of Travelers Companies from a "neutral" rating to an "overweight" rating and increased their price target for the company from $259.00 to $310.00 in a report on Friday, January 24th. Finally, Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Travelers Companies presently has a consensus rating of "Hold" and an average price target 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.