VSM Wealth Advisory LLC Makes New Investment in The Travelers Companies, Inc. (NYSE:TRV)

VSM Wealth Advisory LLC acquired a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 334 shares of the insurance provider’s stock, valued at approximately $80,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. YANKCOM Partnership bought a new position in shares of Travelers Companies during the fourth quarter valued at about $27,000. True Wealth Design LLC purchased a new stake in Travelers Companies during the 3rd quarter valued at about $41,000. Asset Planning Inc purchased a new stake in Travelers Companies during the 4th quarter valued at about $44,000. Providence First Trust Co purchased a new position in Travelers Companies in the 4th quarter worth approximately $48,000. Finally, IMG Wealth Management Inc. bought a new stake in Travelers Companies in the fourth quarter valued at approximately $55,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

TRV stock opened at $261.50 on Thursday. The stock’s 50 day simple moving average is $247.48 and its 200 day simple moving average is $246.64. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.56. The stock has a market capitalization of $59.29 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate 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 period last year, the firm posted $7.01 earnings per share. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year. As a group, research analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued 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 dividend yield of 1.61%. Travelers Companies’s payout ratio is 19.56%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TRV. Piper Sandler upgraded shares of Travelers Companies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $259.00 to $310.00 in a report on Friday, January 24th. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a report on Wednesday, January 8th. BMO Capital Markets upped their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. 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 research report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $261.05.

About Travelers Companies

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.