Vontobel Holding Ltd. Grows Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Vontobel Holding Ltd. increased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 42.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,517 shares of the insurance provider's stock after acquiring an additional 29,477 shares during the quarter. Vontobel Holding Ltd.'s holdings in Travelers Companies were worth $23,973,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. YANKCOM Partnership acquired a new position in shares of Travelers Companies during the fourth quarter valued at about $27,000. Wolff Wiese Magana LLC raised its stake in Travelers Companies by 39.1% during the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider's stock worth $37,000 after buying an additional 45 shares during the period. True Wealth Design LLC bought a new position in Travelers Companies in the third quarter worth approximately $41,000. Catalyst Capital Advisors LLC acquired a new stake in Travelers Companies in the third quarter valued at approximately $50,000. Finally, Versant Capital Management Inc increased its holdings in shares of Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider's stock valued at $61,000 after acquiring an additional 215 shares in the last quarter. 82.45% of the stock is owned by institutional investors.

Insider Activity at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 3,740 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the completion of the transaction, the insider now directly owns 250,384 shares in the company, valued at $66,301,683.20. The trade was a 1.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.33% of the stock is owned by corporate insiders.

Travelers Companies Stock Performance

Travelers Companies stock traded up $0.13 during mid-day trading on Tuesday, reaching $238.43. The company's stock had a trading volume of 275,723 shares, compared to its average volume of 1,325,897. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.55. The company has a market capitalization of $54.13 billion, a P/E ratio of 11.10, a PEG ratio of 1.08 and a beta of 0.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.33. The firm's fifty day moving average price is $242.48 and its two-hundred day moving average price is $241.12.

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 for the quarter, beating the consensus estimate of $6.50 by $2.65. The company had revenue of $12.01 billion during the quarter, compared to analysts' expectations of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The firm's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $7.01 earnings per share. Sell-side analysts predict that The Travelers Companies, Inc. will post 20.57 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company 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 dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.76%. Travelers Companies's dividend payout ratio is currently 19.56%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on TRV shares. Roth Mkm raised their price objective on shares of Travelers Companies from $240.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Hsbc Global Res upgraded Travelers Companies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 10th. Janney Montgomery Scott downgraded Travelers Companies from a "buy" rating to a "neutral" rating and set a $280.00 price objective for the company. in a research note on Thursday, November 21st. BMO Capital Markets raised their price objective on Travelers Companies from $275.00 to $297.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Finally, Piper Sandler raised shares of Travelers Companies from a "neutral" rating to an "overweight" rating and raised their price target for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $260.47.

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.