B. Metzler seel. Sohn & Co. AG Grows Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

B. Metzler seel. Sohn & Co. AG grew its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 27.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,915 shares of the insurance provider’s stock after acquiring an additional 3,392 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Travelers Companies were worth $3,826,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TRV. Norges Bank purchased a new stake in Travelers Companies in the 4th quarter worth approximately $560,918,000. Raymond James Financial Inc. purchased a new stake in shares of Travelers Companies in the fourth quarter worth $138,619,000. Proficio Capital Partners LLC bought a new stake in Travelers Companies during the fourth quarter valued at $96,012,000. Bryn Mawr Capital Management LLC grew its position in Travelers Companies by 15,056.4% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 238,258 shares of the insurance provider’s stock worth $57,394,000 after buying an additional 236,686 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Travelers Companies in the 3rd quarter worth about $54,988,000. 82.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TRV shares. Hsbc Global Res lowered Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Wells Fargo & Company increased their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a report on Thursday, January 23rd. StockNews.com cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $275.00 to $286.00 in a research report on Wednesday, February 19th. Finally, HSBC downgraded Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a research report on Monday, March 24th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $260.00.

Travelers Companies Price Performance

Shares of Travelers Companies stock opened at $264.51 on Wednesday. The business has a 50 day moving average of $251.56 and a 200 day moving average of $248.47. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56. The company has a market cap of $59.97 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 quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

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, beating 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 firm had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same quarter in the previous year, the firm posted $7.01 EPS. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

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

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.