3,352 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,352 shares of the insurance provider's stock, valued at approximately $807,000.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Travelers Companies by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider's stock worth $5,207,499,000 after acquiring an additional 117,108 shares during the last quarter. FMR LLC increased its position in Travelers Companies by 1.6% in the fourth quarter. FMR LLC now owns 14,277,851 shares of the insurance provider's stock worth $3,439,392,000 after purchasing an additional 229,160 shares during the last quarter. Geode Capital Management LLC increased its position in Travelers Companies by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 5,258,490 shares of the insurance provider's stock worth $1,269,321,000 after purchasing an additional 182,270 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Travelers Companies by 1.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,752,484 shares of the insurance provider's stock valued at $903,937,000 after purchasing an additional 70,036 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Travelers Companies by 236.9% during 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 purchasing an additional 2,466,098 shares during the last quarter. 82.45% of the stock is owned by institutional investors.

Travelers Companies Stock Performance

Shares of NYSE TRV traded up $2.67 during midday trading on Friday, reaching $273.57. The company had a trading volume of 867,058 shares, compared to its average volume of 1,292,981. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $273.89. The business's 50-day simple moving average is $258.66 and its 200 day simple moving average is $252.09. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The stock has a market cap of $61.98 billion, a P/E ratio of 12.74, a P/E/G ratio of 4.65 and a beta of 0.53.

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

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given 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 1.61%. This is a positive change from Travelers Companies's previous quarterly dividend of $1.05. Travelers Companies's dividend payout ratio is currently 23.95%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. UBS Group reduced their target price on shares of Travelers Companies from $270.00 to $267.00 and set a "neutral" rating on the stock in a report on Wednesday, April 9th. Jefferies Financial Group lifted their price target on Travelers Companies from $265.00 to $270.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. JPMorgan Chase & Co. upped their price objective on Travelers Companies from $260.00 to $271.00 and gave the company an "underweight" rating in a research report on Tuesday, April 8th. HSBC lowered Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Monday, March 24th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $268.00 target price (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Travelers Companies currently has an average rating of "Hold" and an average price target of $267.32.

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.