Aquatic Capital Management LLC Makes New $6.47 Million Investment in The Travelers Companies, Inc. (NYSE:TRV)

Aquatic Capital Management LLC purchased a new position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,836 shares of the insurance provider's stock, valued at approximately $6,465,000.

Other institutional investors have also modified their holdings of the company. YANKCOM Partnership purchased a new stake in Travelers Companies during the 4th quarter valued at about $27,000. Generali Investments Management Co LLC acquired a new stake in shares of Travelers Companies in the 4th quarter valued at $37,000. Asset Planning Inc acquired a new position in shares of Travelers Companies during the 4th quarter worth about $44,000. Providence First Trust Co acquired a new stake in Travelers Companies during the fourth quarter worth approximately $48,000. Finally, IMG Wealth Management Inc. purchased a new stake in Travelers Companies in the fourth quarter valued at $55,000. Hedge funds and other institutional investors own 82.45% of the company's stock.

Travelers Companies Trading Up 1.8 %

Travelers Companies stock traded up $4.83 during midday trading on Friday, reaching $266.28. The stock had a trading volume of 510,462 shares, compared to its average volume of 1,284,017. The firm's fifty day simple moving average is $255.88 and its two-hundred day simple moving average is $251.02. The firm has a market cap of $60.33 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 4.65 and a beta of 0.48. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

Travelers Companies (NYSE:TRV - Get Free Report) last released its 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. The company had revenue of $10.52 billion for the quarter, compared to analysts' expectations of $10.97 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. During the same quarter in the previous year, the business posted $4.69 EPS. Equities analysts anticipate 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 dividend of $1.10 per share. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.65%. Travelers Companies's dividend payout ratio (DPR) is presently 23.95%.

Analyst Ratings Changes

TRV has been the topic of a number of research reports. Wells Fargo & Company raised their price target on Travelers Companies from $247.00 to $260.00 and gave the stock an "equal weight" rating in a report on Thursday, April 17th. 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 research report on Thursday, April 17th. BMO Capital Markets lifted their price target 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. Evercore ISI boosted their price target on Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Finally, HSBC cut Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective on the stock. in a report on Monday, March 24th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $267.32.

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.