ST Germain D J Co. Inc. Acquires 232 Shares of The Travelers Companies, Inc. (NYSE:TRV)

ST Germain D J Co. Inc. lifted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 20.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,393 shares of the insurance provider’s stock after acquiring an additional 232 shares during the period. ST Germain D J Co. Inc.’s holdings in Travelers Companies were worth $336,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. ORG Partners LLC lifted its holdings in shares of Travelers Companies by 119.8% during the 4th quarter. ORG Partners LLC now owns 842 shares of the insurance provider’s stock worth $203,000 after acquiring an additional 459 shares during the period. Baker Tilly Wealth Management LLC lifted its holdings in Travelers Companies by 9.4% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 4,097 shares of the insurance provider’s stock valued at $987,000 after purchasing an additional 351 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in Travelers Companies by 25.2% during the 4th quarter. CWA Asset Management Group LLC now owns 2,367 shares of the insurance provider’s stock valued at $570,000 after purchasing an additional 476 shares during the last quarter. Pensionfund Sabic raised its stake in shares of Travelers Companies by 21.1% in the fourth quarter. Pensionfund Sabic now owns 6,900 shares of the insurance provider’s stock worth $1,662,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Travelers Companies by 15.6% in the fourth quarter. Nordea Investment Management AB now owns 645,650 shares of the insurance provider’s stock worth $155,008,000 after acquiring an additional 86,928 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

Travelers Companies Stock Down 4.2 %

Shares of NYSE TRV opened at $232.53 on Friday. The stock has a market cap of $52.79 billion, a P/E ratio of 11.92, a P/E/G ratio of 1.17 and a beta of 0.65. The firm has a 50 day moving average price of $250.73 and a 200 day moving average price of $234.59. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The Travelers Companies, Inc. has a 52-week low of $191.88 and a 52-week high of $269.55.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.46 billion. During the same quarter in the previous year, the firm posted $1.95 earnings per share. The business’s revenue was up 11.9% on a year-over-year basis. Analysts expect that The Travelers Companies, Inc. will post 18.84 EPS for the current year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Tuesday, December 10th. Travelers Companies’s dividend payout ratio is presently 21.54%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TRV shares. Roth Mkm boosted their target price on shares of Travelers Companies from $240.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Piper Sandler dropped their target price on shares of Travelers Companies from $280.00 to $259.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Keefe, Bruyette & Woods dropped their target price on shares of Travelers Companies from $273.00 to $268.00 and set a “market perform” rating for the company in a research note on Friday. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Tuesday, December 10th. Finally, Jefferies Financial Group boosted their target price on shares of Travelers Companies from $210.00 to $235.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $254.85.

Insider Transactions 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 shares were sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the sale, the executive vice president now owns 111,162 shares in the company, valued at $29,102,211.60. This trade represents a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman William H. Heyman sold 2,014 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the completion of the sale, the insider now owns 250,384 shares of the company’s stock, valued at approximately $65,099,840. This represents a 0.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 78,149 shares of company stock valued at $20,295,856 over the last 90 days. 1.33% of the stock is owned by corporate insiders.

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.