The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC cut its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,875 shares of the insurance provider’s stock after selling 185 shares during the period. HUB Investment Partners LLC’s holdings in Travelers Companies were worth $452,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. YANKCOM Partnership acquired a new position in Travelers Companies during the fourth quarter worth about $27,000. Generali Investments Management Co LLC purchased a new stake in Travelers Companies during the fourth quarter valued at about $37,000. True Wealth Design LLC acquired a new position in Travelers Companies in the 3rd quarter worth approximately $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the fourth quarter worth $44,000. Finally, Providence First Trust Co acquired a new position in Travelers Companies during the fourth quarter valued at $48,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Down 1.1 %

Shares of TRV stock opened at $256.70 on Friday. The business’s 50 day moving average is $248.29 and its two-hundred day moving average is $246.93. 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 Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56. The company has a market cap of $58.20 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate of $6.50 by $2.65. The firm had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company earned $7.01 EPS. Equities analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Wall Street Analyst Weigh In

A number of brokerages have commented on TRV. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research note on Tuesday, December 10th. Keefe, Bruyette & Woods raised shares of Travelers Companies from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. Barclays increased their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. The Goldman Sachs Group upgraded 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. Finally, Wells Fargo & Company increased their price objective on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” 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 given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target 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.