The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC decreased its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 14.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 857 shares of the insurance provider’s stock after selling 139 shares during the period. Sentry Investment Management LLC’s holdings in Travelers Companies were worth $206,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. YANKCOM Partnership purchased a new stake in shares of Travelers Companies during the fourth quarter worth about $27,000. True Wealth Design LLC purchased a new position in Travelers Companies in the third quarter valued at about $41,000. Asset Planning Inc acquired a new stake in Travelers Companies during the 4th quarter valued at approximately $44,000. Catalyst Capital Advisors LLC purchased a new stake in Travelers Companies during the 3rd quarter worth approximately $50,000. Finally, Versant Capital Management Inc raised its position in shares of Travelers Companies by 581.1% in 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 in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of TRV opened at $252.35 on Wednesday. The firm has a fifty day moving average of $242.25 and a 200-day moving average of $242.51. The company has a market cap of $57.21 billion, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 4.65 and a beta of 0.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.55.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $10.80 billion. During the same period last year, the firm posted $7.01 EPS. Travelers Companies’s quarterly revenue was up 9.9% compared to the same quarter last year. As a group, equities analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.66%. Travelers Companies’s dividend payout ratio is presently 19.56%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TRV. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a report on Wednesday, January 8th. Wells Fargo & Company upped their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a research note on Thursday, January 23rd. Janney Montgomery Scott cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price target on the stock. in a research report on Thursday, November 21st. Finally, Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $261.05.

About Travelers Companies

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.