Universal Beteiligungs und Servicegesellschaft mbH Invests $66.49 Million in The Travelers Companies, Inc. (NYSE:TRV)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 276,017 shares of the insurance provider's stock, valued at approximately $66,490,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.12% of Travelers Companies as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Yoffe Investment Management LLC acquired a new position in Travelers Companies in the 4th quarter valued at $1,202,000. Elevate Capital Advisors LLC acquired a new stake in Travelers Companies during the fourth quarter worth approximately $4,627,000. Erste Asset Management GmbH grew its stake in shares of Travelers Companies by 1.0% during the 4th quarter. Erste Asset Management GmbH now owns 10,000 shares of the insurance provider's stock valued at $2,414,000 after buying an additional 100 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Travelers Companies by 43.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,172 shares of the insurance provider's stock worth $38,343,000 after purchasing an additional 47,985 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Travelers Companies by 16.7% during 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. Hedge funds and other institutional investors own 82.45% of the company's stock.

Travelers Companies Price Performance

Travelers Companies stock traded up $0.60 during mid-day trading on Thursday, hitting $274.25. 1,070,705 shares of the company traded hands, compared to its average volume of 1,294,221. The stock has a fifty day moving average price of $260.85 and a 200-day moving average price of $253.40. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $277.60. 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 stock has a market cap of $62.14 billion, a price-to-earnings ratio of 12.77, a price-to-earnings-growth ratio of 4.65 and a beta of 0.53.

Travelers Companies (NYSE:TRV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share (EPS) for the quarter, beating 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 period last year, the firm earned $4.69 earnings per share. On average, 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 firm also recently announced 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 represents a $4.40 dividend on an annualized basis and a dividend yield of 1.60%. 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. Travelers Companies's payout ratio is 23.95%.

Wall Street Analysts Forecast Growth

TRV has been the topic of a number of recent analyst reports. 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 report on Monday, March 24th. Wells Fargo & Company boosted their price target on shares of Travelers Companies from $247.00 to $260.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 17th. Keefe, Bruyette & Woods upped their price target on Travelers Companies from $290.00 to $303.00 and gave the company an "outperform" rating in a report on Wednesday. Wall Street Zen upgraded shares of Travelers Companies from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. Finally, Evercore ISI raised their price objective on shares of Travelers Companies from $288.00 to $296.00 and gave the stock an "outperform" rating in a research note on Thursday, April 17th. Three equities 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. Based on data from MarketBeat.com, Travelers Companies currently has a consensus rating of "Hold" and an average price target of $271.11.

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.