Hager Investment Management Services LLC Buys Shares of 500 The Travelers Companies, Inc. (NYSE:TRV)

Hager Investment Management Services LLC bought a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the fourth quarter, HoldingsChannel.com reports. The firm bought 500 shares of the insurance provider’s stock, valued at approximately $120,000.

Other large investors have also recently modified their holdings of the company. Stratos Wealth Partners LTD. boosted its holdings in shares of Travelers Companies by 6.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,804 shares of the insurance provider’s stock valued at $675,000 after acquiring an additional 167 shares in the last quarter. Paragon Capital Management Inc. acquired a new stake in shares of Travelers Companies during the 4th quarter valued at $1,625,000. E. Ohman J or Asset Management AB boosted its holdings in shares of Travelers Companies by 3.5% during the 4th quarter. E. Ohman J or Asset Management AB now owns 10,242 shares of the insurance provider’s stock valued at $2,467,000 after acquiring an additional 350 shares in the last quarter. Brown Lisle Cummings Inc. acquired a new stake in shares of Travelers Companies during the 4th quarter valued at $70,000. Finally, Financial Life Planners acquired a new stake in shares of Travelers Companies during the 4th quarter valued at $82,000. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Buying and Selling at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the transaction, the executive vice president now directly owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman William H. Heyman sold 3,740 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now directly owns 250,384 shares of the company’s stock, valued at $66,301,683.20. The trade was a 1.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.33% of the company’s stock.

Travelers Companies Price Performance

TRV stock opened at $244.29 on Wednesday. The company has a market capitalization of $55.46 billion, a P/E ratio of 11.38, a price-to-earnings-growth ratio of 1.07 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 Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $269.55. The business has a 50-day simple moving average of $246.42 and a two-hundred day simple moving average of $238.89.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.01 EPS. Research analysts expect that The Travelers Companies, Inc. will post 20.6 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 dividend on an annualized basis and a yield of 1.72%. Travelers Companies’s dividend payout ratio (DPR) is currently 19.56%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on TRV shares. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. UBS Group raised their target price on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Janney Montgomery Scott lowered Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price for the company. in a research report on Thursday, November 21st. Jefferies Financial Group raised their target price on Travelers Companies from $210.00 to $235.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, BMO Capital Markets raised their target price on Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Travelers Companies has an average rating of “Hold” and a consensus target price of $260.47.

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.