DSG Capital Advisors LLC Makes New $2.33 Million Investment in The Travelers Companies, Inc. (NYSE:TRV)

DSG Capital Advisors LLC acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,655 shares of the insurance provider's stock, valued at approximately $2,326,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Yoffe Investment Management LLC purchased a new stake in Travelers Companies during the fourth quarter worth $1,202,000. Elevate Capital Advisors LLC purchased a new position in Travelers Companies during the fourth quarter worth about $4,627,000. Erste Asset Management GmbH lifted its position in Travelers Companies by 1.0% during the fourth quarter. Erste Asset Management GmbH now owns 10,000 shares of the insurance provider's stock worth $2,414,000 after buying an additional 100 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Travelers Companies by 43.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,172 shares of the insurance provider's stock worth $38,343,000 after buying an additional 47,985 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Travelers Companies by 16.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 21,265 shares of the insurance provider's stock worth $5,122,000 after purchasing an additional 3,046 shares during the period. Institutional investors and hedge funds own 82.45% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on TRV. Morgan Stanley set a $269.00 price objective on Travelers Companies and gave the stock an "equal weight" rating in a report on Monday, May 19th. UBS Group lowered their target price on Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research note on Wednesday, April 9th. Jefferies Financial Group increased their target price on Travelers Companies from $265.00 to $270.00 and gave the company a "hold" rating in a research note on Friday, April 11th. Wall Street Zen upgraded Travelers Companies from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th. Finally, Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $271.11.

Travelers Companies Price Performance

NYSE:TRV traded up $1.54 during mid-day trading on Friday, reaching $275.95. 2,689,910 shares of the stock were exchanged, compared to its average volume of 1,299,452. The business has a fifty day moving average price of $261.47 and a 200 day moving average price of $253.63. The firm has a market capitalization of $62.52 billion, a PE ratio of 12.85, a PEG ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $277.65. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $1.38. The firm 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 last year, the business posted $4.69 EPS. Research analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be paid a $1.10 dividend. 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 1.59%. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's dividend payout ratio (DPR) is currently 23.95%.

Insiders Place Their Bets

In other Travelers Companies news, Vice Chairman William H. Heyman sold 2,000 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $274.50, for a total transaction of $549,000.00. Following the completion of the sale, the insider now directly owns 255,086 shares in the company, valued at approximately $70,021,107. This trade represents a 0.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Maria Olivo sold 36,199 shares of Travelers Companies stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $274.20, for a total value of $9,925,765.80. Following the sale, the executive vice president now owns 118,116 shares of the company's stock, valued at approximately $32,387,407.20. This represents a 23.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 163,869 shares of company stock worth $44,868,201. 1.46% of the stock is currently owned by company insiders.

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.