4WEALTH Advisors Inc. Acquires New Holdings in The Travelers Companies, Inc. (NYSE:TRV)

4WEALTH Advisors Inc. bought a new stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,432 shares of the insurance provider's stock, valued at approximately $345,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Travelers Companies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider's stock worth $5,207,499,000 after acquiring an additional 117,108 shares during the last quarter. FMR LLC boosted its holdings in shares of Travelers Companies by 1.6% in the 4th quarter. FMR LLC now owns 14,277,851 shares of the insurance provider's stock worth $3,439,392,000 after purchasing an additional 229,160 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Travelers Companies by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 5,258,490 shares of the insurance provider's stock valued at $1,269,321,000 after purchasing an additional 182,270 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Travelers Companies by 1.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,752,484 shares of the insurance provider's stock valued at $903,937,000 after buying an additional 70,036 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Travelers Companies by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,377,966 shares of the insurance provider's stock worth $813,704,000 after buying an additional 243,484 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

Travelers Companies Stock Performance

NYSE TRV traded up $0.17 on Monday, reaching $267.58. 942,815 shares of the stock were exchanged, compared to its average volume of 1,286,598. The firm has a market capitalization of $60.63 billion, a PE ratio of 12.46, a PEG ratio of 4.65 and a beta of 0.53. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The company's 50-day simple moving average is $256.18 and its two-hundred day simple moving average is $251.16. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.56.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, beating the consensus estimate of $0.53 by $1.38. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business had revenue of $10.52 billion during the quarter, compared to analysts' expectations of $10.97 billion. During the same quarter last year, the business posted $4.69 EPS. Analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a $1.10 dividend. This is a positive change from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Tuesday, June 10th. Travelers Companies's dividend payout ratio is 23.95%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TRV shares. Keefe, Bruyette & Woods boosted their price objective on shares of Travelers Companies from $274.00 to $290.00 and gave the stock an "outperform" rating in a report on Thursday, April 17th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $268.00 price objective (down from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target on Travelers Companies from $260.00 to $271.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 8th. The Goldman Sachs Group upgraded 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. Finally, Hsbc Global Res lowered shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $267.32.

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.