4,164 Shares in The Travelers Companies, Inc. (NYSE:TRV) Acquired by Tradewinds LLC.

Tradewinds LLC. bought a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,164 shares of the insurance provider’s stock, valued at approximately $1,002,000.

Other large investors have also modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC grew its stake in Travelers Companies by 1.2% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,414 shares of the insurance provider’s stock valued at $822,000 after acquiring an additional 41 shares in the last quarter. Quent Capital LLC boosted its holdings in shares of Travelers Companies by 3.3% during the 4th quarter. Quent Capital LLC now owns 1,363 shares of the insurance provider’s stock worth $328,000 after purchasing an additional 43 shares during the last quarter. Salem Investment Counselors Inc. grew its position in shares of Travelers Companies by 5.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider’s stock valued at $218,000 after purchasing an additional 44 shares in the last quarter. Somerset Trust Co increased its holdings in shares of Travelers Companies by 5.2% in the fourth quarter. Somerset Trust Co now owns 918 shares of the insurance provider’s stock valued at $221,000 after purchasing an additional 45 shares during the last quarter. Finally, Lake Street Advisors Group LLC lifted its position in Travelers Companies by 2.0% during the fourth quarter. Lake Street Advisors Group LLC now owns 2,306 shares of the insurance provider’s stock worth $555,000 after buying an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Up 1.0 %

Travelers Companies stock opened at $264.46 on Tuesday. The stock has a market cap of $59.96 billion, a PE ratio of 12.32, a P/E/G ratio of 4.65 and a beta of 0.60. 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 stock’s fifty day moving average is $251.05 and its two-hundred day moving average is $248.29. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.56.

Travelers Companies (NYSE:TRV) last announced its quarterly 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 company had revenue of $12.01 billion for 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 firm’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the firm posted $7.01 earnings per share. On average, sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a $1.05 dividend. The ex-dividend date was Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.59%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TRV shares. Piper Sandler raised 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 research note 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 target price on the stock in a research note on Wednesday, January 8th. Hsbc Global Res cut shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Finally, Wells Fargo & Company upped their price objective on Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a report on Thursday, January 23rd. 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 company’s stock. According to data from MarketBeat.com, Travelers Companies presently has a consensus rating of “Hold” and an average target price of $260.00.

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.