Thompson Siegel & Walmsley LLC Sells 3,549 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Thompson Siegel & Walmsley LLC cut its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 16.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,420 shares of the insurance provider's stock after selling 3,549 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in Travelers Companies were worth $4,437,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. State Street Corp boosted its stake in shares of Travelers Companies by 0.8% in the 3rd quarter. State Street Corp now owns 15,566,941 shares of the insurance provider's stock valued at $3,644,532,000 after purchasing an additional 120,228 shares in the last quarter. FMR LLC boosted its position in Travelers Companies by 12.6% in the third quarter. FMR LLC now owns 14,048,691 shares of the insurance provider's stock valued at $3,289,079,000 after buying an additional 1,568,909 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Travelers Companies by 2.3% during the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider's stock worth $1,187,865,000 after buying an additional 114,714 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 valued at $366,820,000 after acquiring an additional 26,117 shares in the last quarter. Finally, Bahl & Gaynor Inc. boosted its holdings in shares of Travelers Companies by 4.5% during the 4th quarter. Bahl & Gaynor Inc. now owns 1,189,236 shares of the insurance provider's stock valued at $286,475,000 after acquiring an additional 51,589 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TRV. BMO Capital Markets upped their target price on Travelers Companies from $275.00 to $297.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Wells Fargo & Company lifted their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an "underweight" rating in a research report on Thursday, January 23rd. HSBC raised shares of Travelers Companies from a "hold" rating to a "buy" rating and set a $290.00 target price on the stock in a report on Tuesday, December 10th. Piper Sandler upgraded shares of Travelers Companies from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $259.00 to $310.00 in a report on Friday, January 24th. Finally, StockNews.com lowered shares of Travelers Companies from a "buy" rating to a "hold" rating in a report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $261.05.

Travelers Companies Stock Down 1.9 %

Shares of TRV stock traded down $4.96 on Tuesday, reaching $260.17. 2,232,704 shares of the company were exchanged, compared to its average volume of 1,173,816. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The company has a 50-day moving average of $246.73 and a 200-day moving average of $246.31. The company has a market cap of $58.99 billion, a price-to-earnings ratio of 12.12, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.56.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 19.06% and a net margin of 10.77%. The company's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.01 earnings per share. Analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be paid a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.61%. 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.