949 Shares in The Travelers Companies, Inc. (NYSE:TRV) Acquired by GWN Securities Inc.

GWN Securities Inc. acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 949 shares of the insurance provider’s stock, valued at approximately $230,000.

Several other large investors have also recently modified their holdings of the company. Patten & Patten Inc. TN raised its stake in shares of Travelers Companies by 18.7% during the 4th quarter. Patten & Patten Inc. TN now owns 1,201 shares of the insurance provider’s stock worth $289,000 after acquiring an additional 189 shares in the last quarter. Choate Investment Advisors grew its position in Travelers Companies by 2.3% during the 4th quarter. Choate Investment Advisors now owns 7,890 shares of the insurance provider’s stock worth $1,901,000 after purchasing an additional 177 shares during the last quarter. Globeflex Capital L P purchased a new stake in Travelers Companies during the 4th quarter worth approximately $2,891,000. Natixis Advisors LLC grew its position in Travelers Companies by 0.4% during the 4th quarter. Natixis Advisors LLC now owns 98,386 shares of the insurance provider’s stock worth $23,700,000 after purchasing an additional 347 shares during the last quarter. Finally, Greatmark Investment Partners Inc. grew its position in Travelers Companies by 2.7% during the 4th quarter. Greatmark Investment Partners Inc. now owns 59,181 shares of the insurance provider’s stock worth $14,256,000 after purchasing an additional 1,538 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

TRV opened at $265.28 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The firm has a fifty day moving average price of $246.73 and a 200 day moving average price of $246.31. The stock has a market cap of $60.15 billion, a P/E ratio of 12.36, a P/E/G ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.56.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share 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 analysts’ expectations of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the business posted $7.01 earnings per share. Equities research analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio is presently 19.56%.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. BMO Capital Markets boosted their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods raised shares of Travelers Companies from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $275.00 to $286.00 in a research report on Wednesday, February 19th. Janney Montgomery Scott downgraded shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a report on Thursday, November 21st. Finally, Piper Sandler raised shares of Travelers Companies from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $259.00 to $310.00 in a report on Friday, January 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $261.05.

Travelers Companies 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.