2,222 Shares in The Travelers Companies, Inc. (NYSE:TRV) Acquired by Michael A. Dubis Financial Planning LLC

Michael A. Dubis Financial Planning LLC purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,222 shares of the insurance provider’s stock, valued at approximately $535,000. Travelers Companies accounts for 0.5% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its 28th largest holding.

Several other hedge funds have also recently bought and sold shares of TRV. YANKCOM Partnership acquired a new position in shares of Travelers Companies in the 4th quarter worth approximately $27,000. Generali Investments Management Co LLC acquired a new position in Travelers Companies in the fourth quarter worth $37,000. True Wealth Design LLC bought a new stake in shares of Travelers Companies during the third quarter worth $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the fourth quarter valued at $44,000. Finally, Providence First Trust Co bought a new position in shares of Travelers Companies in the fourth quarter valued at about $48,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Stock Performance

Shares of TRV opened at $261.86 on Friday. The firm has a market cap of $59.37 billion, a P/E ratio of 12.20, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. 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 firm’s 50 day moving average price is $250.56 and its two-hundred day moving average price is $247.89.

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

Travelers Companies Dividend Announcement

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 issued 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 dividend yield of 1.60%. Travelers Companies’s payout ratio is presently 19.56%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. HSBC cut Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a report on Monday, March 24th. Royal Bank of Canada reissued a “sector perform” rating and set a $268.00 price objective (down from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Barclays raised their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Finally, Hsbc Global Res downgraded shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $260.00.

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.