Captrust Financial Advisors Boosts Position in The Travelers Companies, Inc. (NYSE:TRV)

Captrust Financial Advisors lifted its position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,110 shares of the insurance provider's stock after acquiring an additional 1,881 shares during the quarter. Captrust Financial Advisors' holdings in Travelers Companies were worth $7,976,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TRV. YANKCOM Partnership acquired a new stake in shares of Travelers Companies during the fourth quarter worth about $27,000. Kapitalo Investimentos Ltda acquired a new position in shares of Travelers Companies during the 4th quarter worth approximately $30,000. Generali Investments Management Co LLC acquired a new position in shares of Travelers Companies during the 4th quarter worth approximately $37,000. Asset Planning Inc purchased a new position in shares of Travelers Companies during the 4th quarter worth $44,000. Finally, Quarry LP lifted its stake in shares of Travelers Companies by 400.0% during the 4th quarter. Quarry LP now owns 190 shares of the insurance provider's stock worth $46,000 after purchasing an additional 152 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Hsbc Global Res cut shares of Travelers Companies from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 24th. UBS Group dropped their price target on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Barclays decreased their price objective on shares of Travelers Companies from $287.00 to $280.00 and set an "overweight" rating for the company in a report on Friday, April 11th. HSBC lowered shares of Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Monday, March 24th. Finally, Jefferies Financial Group lifted their price objective on Travelers Companies from $265.00 to $270.00 and gave the company a "hold" rating in a research report on Friday, April 11th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $267.32.

Travelers Companies Price Performance

NYSE:TRV traded down $1.82 during trading hours on Wednesday, hitting $263.10. The stock had a trading volume of 311,137 shares, compared to its average volume of 1,290,882. The company has a 50 day simple moving average of $257.88 and a two-hundred day simple moving average of $251.71. 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 market capitalization of $59.61 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $273.08.

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

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a $1.10 dividend. The ex-dividend date is Tuesday, June 10th. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a yield of 1.67%. Travelers Companies's payout ratio is 23.95%.

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.