The Travelers Companies, Inc. (NYSE:TRV) Stock Position Decreased by Crewe Advisors LLC

Crewe Advisors LLC cut its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 21.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264 shares of the insurance provider’s stock after selling 74 shares during the period. Crewe Advisors LLC’s holdings in Travelers Companies were worth $64,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Tectonic Advisors LLC raised its stake in shares of Travelers Companies by 0.5% during the 4th quarter. Tectonic Advisors LLC now owns 8,752 shares of the insurance provider’s stock worth $2,108,000 after purchasing an additional 47 shares in the last quarter. Confluence Wealth Services Inc. raised its stake in shares of Travelers Companies by 16.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 1,038 shares of the insurance provider’s stock valued at $251,000 after acquiring an additional 144 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Travelers Companies by 36.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 43,352 shares of the insurance provider’s stock valued at $10,442,000 after acquiring an additional 11,601 shares in the last quarter. Y.D. More Investments Ltd raised its stake in shares of Travelers Companies by 120.5% in the 4th quarter. Y.D. More Investments Ltd now owns 280 shares of the insurance provider’s stock valued at $67,000 after acquiring an additional 153 shares in the last quarter. Finally, Hager Investment Management Services LLC bought a new position in shares of Travelers Companies in the 4th quarter valued at approximately $120,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies Price Performance

Shares of NYSE:TRV opened at $247.48 on Friday. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.55. The firm has a market capitalization of $56.18 billion, a PE ratio of 11.53, a PEG ratio of 1.07 and a beta of 0.64. The business’s 50 day moving average is $245.62 and its 200-day moving average is $239.23. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping the consensus estimate of $6.50 by $2.65. The company had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. Travelers Companies’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter last year, the firm earned $7.01 EPS. Sell-side analysts predict that The Travelers Companies, Inc. will post 20.6 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 1.70%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio is 19.56%.

Insider Activity at Travelers Companies

In related news, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction on 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 owns 111,162 shares of the company’s stock, valued at $29,102,211.60. The trade was a 8.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the sale, the insider now directly owns 250,384 shares in the company, valued at approximately $66,301,683.20. This represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. BMO Capital Markets raised their price objective on Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective on the stock in a research note on Wednesday, January 8th. UBS Group raised their price objective on Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company raised their price objective on Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods raised their target price on Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a report on Monday, January 27th. Four research 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.com, Travelers Companies has a consensus rating of “Hold” and a consensus price target of $260.47.

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.