Fidelis Capital Partners LLC Increases Stock Position in The Travelers Companies, Inc. (NYSE:TRV)

Fidelis Capital Partners LLC increased its position in The Travelers Companies, Inc. (NYSE:TRV) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,075 shares of the insurance provider’s stock after buying an additional 69 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Travelers Companies were worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DJE Kapital AG purchased a new position in shares of Travelers Companies in the 4th quarter worth about $46,069,000. SBI Securities Co. Ltd. purchased a new position in Travelers Companies in the fourth quarter valued at approximately $83,000. Jones Financial Companies Lllp raised its holdings in Travelers Companies by 42.4% in the fourth quarter. Jones Financial Companies Lllp now owns 4,367 shares of the insurance provider’s stock valued at $1,052,000 after buying an additional 1,300 shares during the period. Modera Wealth Management LLC lifted its position in Travelers Companies by 29.8% during the fourth quarter. Modera Wealth Management LLC now owns 2,385 shares of the insurance provider’s stock valued at $575,000 after buying an additional 547 shares in the last quarter. Finally, Bailard Inc. grew its stake in Travelers Companies by 2.4% during the fourth quarter. Bailard Inc. now owns 4,348 shares of the insurance provider’s stock worth $1,047,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TRV shares. Hsbc Global Res raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research report on Tuesday, December 10th. BMO Capital Markets raised their target price on Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Keefe, Bruyette & Woods upgraded Travelers Companies from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Travelers Companies currently has an average rating of “Hold” and an average price target of $261.05.

Travelers Companies Stock Performance

Shares of TRV stock opened at $255.85 on Wednesday. The stock has a market capitalization of $58.01 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.55. The company’s 50-day simple moving average is $243.86 and its 200-day simple moving average is $243.99. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, topping analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter last year, the business posted $7.01 EPS. Travelers Companies’s quarterly revenue was up 9.9% compared to the same quarter last year. Equities analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend 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.