Focus Partners Advisor Solutions LLC Acquires 2,236 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Focus Partners Advisor Solutions LLC lifted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 63.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,737 shares of the insurance provider's stock after purchasing an additional 2,236 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Travelers Companies were worth $1,382,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in TRV. Bank of America Corp DE boosted its holdings in Travelers Companies by 236.9% in the fourth quarter. Bank of America Corp DE now owns 3,507,219 shares of the insurance provider's stock valued at $844,854,000 after acquiring an additional 2,466,098 shares during the last quarter. Norges Bank bought a new position in Travelers Companies in the fourth quarter valued at about $560,918,000. Balyasny Asset Management L.P. boosted its holdings in Travelers Companies by 153.8% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,497,339 shares of the insurance provider's stock valued at $360,694,000 after acquiring an additional 907,266 shares during the last quarter. Raymond James Financial Inc. bought a new position in Travelers Companies in the fourth quarter valued at about $138,619,000. Finally, Proficio Capital Partners LLC bought a new position in Travelers Companies in the fourth quarter valued at about $96,012,000. Institutional investors own 82.45% of the company's stock.

Travelers Companies Stock Up 1.8%

TRV stock traded up $4.81 during mid-day trading on Tuesday, reaching $275.85. The company had a trading volume of 757,188 shares, compared to its average volume of 1,292,914. 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 stock has a 50 day simple moving average of $260.18 and a two-hundred day simple moving average of $253.10. The company has a market capitalization of $62.50 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $296.96.

Travelers Companies (NYSE:TRV - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $1.38. The firm had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. During the same period last year, the company earned $4.69 earnings per share. As a group, equities analysts predict 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. Shareholders of record on Tuesday, June 10th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.60%. This is an increase from Travelers Companies's previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, June 10th. Travelers Companies's dividend payout ratio (DPR) is currently 23.95%.

Analysts Set New Price Targets

Several equities analysts have weighed in on TRV shares. JPMorgan Chase & Co. increased their target price on Travelers Companies from $260.00 to $271.00 and gave the company an "underweight" rating in a research note on Tuesday, April 8th. Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Keefe, Bruyette & Woods increased their target price on Travelers Companies from $274.00 to $290.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. HSBC lowered Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a research note on Monday, March 24th. Finally, UBS Group cut their target price on Travelers Companies from $270.00 to $267.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 9th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $270.42.

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.