Candriam S.C.A. Buys 132 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Candriam S.C.A. raised its stake in The Travelers Companies, Inc. (NYSE:TRV) by 0.5% during the 4th quarter, Holdings Channel reports. The fund owned 25,255 shares of the insurance provider’s stock after acquiring an additional 132 shares during the period. Candriam S.C.A.’s holdings in Travelers Companies were worth $6,084,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. YANKCOM Partnership bought a new position in shares of Travelers Companies during the fourth quarter worth approximately $27,000. True Wealth Design LLC acquired a new position in shares of Travelers Companies during the third quarter worth $41,000. Asset Planning Inc acquired a new position in shares of Travelers Companies during the fourth quarter worth $44,000. Providence First Trust Co bought a new stake in Travelers Companies during the fourth quarter valued at $48,000. Finally, Versant Capital Management Inc boosted its position in Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after acquiring an additional 215 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on TRV. Royal Bank of Canada reiterated a “sector perform” rating and set a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Tuesday, December 10th. Wells Fargo & Company increased their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a research report on Thursday, January 23rd. Janney Montgomery Scott downgraded shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective for the company. in a report on Thursday, November 21st. Finally, BMO Capital Markets raised their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $261.05.

Travelers Companies Stock Up 0.8 %

NYSE:TRV opened at $258.09 on Friday. The Travelers Companies, Inc. has a fifty-two week low of $200.21 and a fifty-two week high of $269.55. The stock has a market capitalization of $58.51 billion, a P/E ratio of 12.02, a P/E/G ratio of 4.65 and a beta of 0.60. 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 company’s 50-day simple moving average is $244.74 and its 200-day simple moving average is $244.45.

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

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is 19.56%.

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.