Snowden Capital Advisors LLC Boosts Stake in The Travelers Companies, Inc. (NYSE:TRV)

Snowden Capital Advisors LLC boosted its holdings in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 24.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,262 shares of the insurance provider's stock after purchasing an additional 1,622 shares during the quarter. Snowden Capital Advisors LLC's holdings in Travelers Companies were worth $1,990,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of TRV. Brookstone Capital Management increased its position in shares of Travelers Companies by 13.2% during the 4th quarter. Brookstone Capital Management now owns 1,628 shares of the insurance provider's stock valued at $392,000 after purchasing an additional 190 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of Travelers Companies by 46.8% in the 4th quarter. Park Avenue Securities LLC now owns 9,978 shares of the insurance provider's stock valued at $2,404,000 after purchasing an additional 3,180 shares in the last quarter. Everpar Advisors LLC grew its holdings in shares of Travelers Companies by 7.0% in the fourth quarter. Everpar Advisors LLC now owns 1,227 shares of the insurance provider's stock worth $296,000 after purchasing an additional 80 shares during the last quarter. Avanza Fonder AB purchased a new position in shares of Travelers Companies during the fourth quarter valued at approximately $4,638,000. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Travelers Companies by 19.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 1,589 shares of the insurance provider's stock valued at $383,000 after purchasing an additional 254 shares in the last quarter. 82.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Hsbc Global Res lowered Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Wall Street Zen raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a research note on Tuesday, May 13th. Jefferies Financial Group upped their price objective on Travelers Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. JPMorgan Chase & Co. upped their price target on shares of Travelers Companies from $260.00 to $271.00 and gave the company an "underweight" rating in a research note on Tuesday, April 8th. Finally, Evercore ISI lifted their price objective on shares of Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Three investment 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 MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $270.42.

Travelers Companies Stock Performance

TRV stock traded down $0.29 during midday trading on Friday, hitting $270.79. The company's stock had a trading volume of 249,639 shares, compared to its average volume of 1,287,416. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $275.03. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The stock's 50-day moving average price is $259.76 and its 200 day moving average price is $252.82. The stock has a market cap of $61.35 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 4.65 and a beta of 0.53.

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

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be issued a dividend of $1.10 per share. This is an increase from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Tuesday, June 10th. Travelers Companies's dividend payout ratio is presently 23.95%.

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.