Telos Capital Management Inc. Has $12.52 Million Position in The Travelers Companies, Inc. (NYSE:TRV)

Telos Capital Management Inc. lessened its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,954 shares of the insurance provider’s stock after selling 1,682 shares during the quarter. Travelers Companies accounts for approximately 1.3% of Telos Capital Management Inc.’s holdings, making the stock its 18th biggest holding. Telos Capital Management Inc.’s holdings in Travelers Companies were worth $12,515,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. YANKCOM Partnership bought a new stake in Travelers Companies in the fourth quarter valued at $27,000. Wolff Wiese Magana LLC boosted its stake in shares of Travelers Companies by 39.1% in the 3rd quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 45 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of Travelers Companies in the 3rd quarter worth about $41,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Travelers Companies during the 3rd quarter worth about $50,000. Finally, Versant Capital Management Inc lifted its holdings in Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Insider Activity

In other news, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $261.80, for a total value of $2,725,338.00. Following the sale, the executive vice president now directly owns 111,162 shares in the company, valued at $29,102,211.60. The trade was a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Vice Chairman William H. Heyman sold 3,740 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the transaction, the insider now owns 250,384 shares of the company’s stock, valued at approximately $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. 1.33% of the stock is currently owned by company insiders.

Travelers Companies Stock Performance

Shares of TRV stock opened at $246.46 on Thursday. The stock has a 50-day moving average of $245.62 and a 200-day moving average of $239.23. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.55. The stock has a market cap of $55.95 billion, a PE ratio of 11.48, 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 current ratio of 0.33 and a quick ratio of 0.34.

Travelers Companies (NYSE:TRV) last announced its quarterly 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. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. 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. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. As a group, sell-side analysts expect that The Travelers Companies, Inc. will post 20.6 earnings per share for the current year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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 dividend yield of 1.70%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio is currently 19.56%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. UBS Group lifted their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Bank of America raised their target price on Travelers Companies from $241.00 to $265.00 and gave the company an “underperform” rating in a research note on Thursday, October 17th. Roth Mkm upped their price target on shares of Travelers Companies from $240.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Finally, The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective on the stock in a report on Wednesday, January 8th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Travelers Companies currently has a consensus rating of “Hold” and an average target price of $260.47.

Travelers Companies 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.