Steward Partners Investment Advisory LLC Has $5.12 Million Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Steward Partners Investment Advisory LLC increased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,265 shares of the insurance provider's stock after buying an additional 3,046 shares during the quarter. Steward Partners Investment Advisory LLC's holdings in Travelers Companies were worth $5,122,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TRV. YANKCOM Partnership acquired a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $27,000. True Wealth Design LLC acquired a new stake in shares of Travelers Companies in the 3rd quarter valued at approximately $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $44,000. Providence First Trust Co acquired a new stake in Travelers Companies during the 4th quarter valued at $48,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Travelers Companies during the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 82.45% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. BMO Capital Markets raised their price target on Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a report on Friday, January 24th. Janney Montgomery Scott downgraded Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 price target for the company. in a report on Thursday, November 21st. 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 report on Wednesday, January 8th. StockNews.com downgraded Travelers Companies from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Finally, 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 report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $261.05.

Remove Ads

Travelers Companies Price Performance

Shares of NYSE TRV traded up $2.07 during mid-day trading on Friday, reaching $258.09. The company had a trading volume of 966,240 shares, compared to its average volume of 1,325,873. 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 one year low of $200.21 and a one year high of $269.55. The firm has a market cap of $58.51 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 4.65 and a beta of 0.60. The business's 50-day simple moving average is $244.74 and its 200 day simple moving average is $244.84.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings results 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 return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion for the quarter, compared to analysts' expectations of $10.80 billion. During the same quarter last year, the business earned $7.01 earnings per share. Travelers Companies's revenue was up 9.9% on a year-over-year basis. On average, research analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 1.63%. The ex-dividend date is Monday, March 10th. Travelers Companies's dividend payout ratio (DPR) is presently 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.