Total Wealth Planning & Management Inc. Takes Position in The Travelers Companies, Inc. (NYSE:TRV)

Total Wealth Planning & Management Inc. acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,736 shares of the insurance provider's stock, valued at approximately $418,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Travelers Companies during the 4th quarter worth approximately $66,490,000. Yoffe Investment Management LLC purchased a new position in Travelers Companies in the fourth quarter worth approximately $960,000. Heck Capital Advisors LLC acquired a new stake in Travelers Companies during the fourth quarter worth $928,000. Leigh Baldwin & CO. LLC purchased a new stake in Travelers Companies in the fourth quarter valued at $247,000. Finally, Ameriflex Group Inc. purchased a new stake in Travelers Companies in the fourth quarter valued at $26,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TRV shares. UBS Group dropped their price target on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating for the company in a research report on Wednesday, April 9th. HSBC lowered Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a report on Monday, March 24th. Wall Street Zen raised Travelers Companies from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th. Barclays lowered their price objective on Travelers Companies from $287.00 to $280.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Finally, Wells Fargo & Company upped their target price on shares of Travelers Companies from $247.00 to $260.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 17th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, Travelers Companies presently has a consensus rating of "Hold" and a consensus target price of $271.11.

Travelers Companies Price Performance

NYSE:TRV traded down $2.18 during trading hours on Wednesday, hitting $273.70. The company's stock had a trading volume of 1,646,396 shares, compared to its average volume of 1,295,115. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $276.21. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The business's 50-day moving average is $260.85 and its two-hundred day moving average is $253.40. The company has a market capitalization of $62.01 billion, a PE ratio of 12.75, 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 earnings per share 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 business had revenue of $10.52 billion for the quarter, compared to analysts' expectations of $10.97 billion. During the same period in the prior year, the company posted $4.69 EPS. As a group, research analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current fiscal year.

Travelers Companies Increases Dividend

The business 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 of this dividend is Tuesday, June 10th. This is a boost from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a yield of 1.61%. Travelers Companies's dividend payout ratio (DPR) is 23.95%.

About Travelers Companies

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.