The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by St. James Investment Company LLC

St. James Investment Company LLC decreased its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,197 shares of the insurance provider's stock after selling 3,096 shares during the quarter. Travelers Companies comprises approximately 3.8% of St. James Investment Company LLC's portfolio, making the stock its 9th biggest holding. St. James Investment Company LLC's holdings in Travelers Companies were worth $22,209,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Travelers Companies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider's stock worth $5,207,499,000 after purchasing an additional 117,108 shares in the last quarter. State Street Corp raised its holdings in shares of Travelers Companies by 0.8% in the third quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock worth $3,644,532,000 after acquiring an additional 120,228 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Travelers Companies by 2.3% in the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider's stock valued at $1,187,865,000 after acquiring an additional 114,714 shares in the last quarter. Norges Bank acquired a new stake in shares of Travelers Companies during the fourth quarter valued at $560,918,000. Finally, Charles Schwab Investment Management Inc. increased its position in Travelers Companies by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,522,769 shares of the insurance provider's stock worth $366,820,000 after purchasing an additional 26,117 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company's stock.

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Travelers Companies Stock Up 0.0 %

Shares of TRV traded up $0.04 during trading on Wednesday, reaching $264.58. The company's stock had a trading volume of 1,048,029 shares, compared to its average volume of 1,277,428. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. 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 company has a market cap of $59.99 billion, a price-to-earnings ratio of 12.32, a P/E/G ratio of 4.65 and a beta of 0.60. The company has a fifty day moving average of $251.56 and a two-hundred day moving average of $248.47.

Travelers Companies (NYSE:TRV - Get Free Report) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the firm earned $7.01 EPS. The company's revenue was up 9.9% on a year-over-year basis. On average, sell-side analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.59%. The ex-dividend date of this dividend was Monday, March 10th. Travelers Companies's payout ratio is currently 19.56%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods raised shares of Travelers Companies from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $275.00 to $286.00 in a research note on Wednesday, February 19th. The Goldman Sachs Group raised Travelers Companies from a "sell" rating to a "buy" rating and set a $278.00 price target on the stock in a research note on Wednesday, January 8th. Hsbc Global Res downgraded Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. HSBC downgraded Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a research report on Monday, March 24th. Finally, Piper Sandler upgraded Travelers Companies from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $259.00 to $310.00 in a report on Friday, January 24th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Travelers Companies has a consensus 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.