St. James Investment Company LLC Lowers Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

St. James Investment Company LLC decreased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 7.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,764 shares of the insurance provider's stock after selling 9,350 shares during the quarter. Travelers Companies accounts for about 3.7% of St. James Investment Company LLC's portfolio, making the stock its 12th largest position. St. James Investment Company LLC owned approximately 0.05% of Travelers Companies worth $22,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Sippican Capital Advisors acquired a new position in Travelers Companies in the fourth quarter valued at about $338,000. Mackenzie Financial Corp increased its holdings in shares of Travelers Companies by 10.5% in the fourth quarter. Mackenzie Financial Corp now owns 241,741 shares of the insurance provider's stock worth $46,049,000 after acquiring an additional 23,004 shares in the last quarter. Bison Wealth LLC increased its holdings in shares of Travelers Companies by 10.0% in the fourth quarter. Bison Wealth LLC now owns 1,637 shares of the insurance provider's stock worth $312,000 after acquiring an additional 149 shares in the last quarter. Cornercap Investment Counsel Inc. increased its holdings in shares of Travelers Companies by 84.1% in the fourth quarter. Cornercap Investment Counsel Inc. now owns 9,685 shares of the insurance provider's stock worth $1,845,000 after acquiring an additional 4,423 shares in the last quarter. Finally, Carnegie Capital Asset Management LLC increased its holdings in shares of Travelers Companies by 1.5% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 14,098 shares of the insurance provider's stock worth $2,686,000 after acquiring an additional 210 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

Insider Buying and Selling

In related news, Vice Chairman William H. Heyman sold 26,633 shares of Travelers Companies stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total transaction of $5,666,437.08. Following the completion of the sale, the insider now directly owns 255,178 shares of the company's stock, valued at approximately $54,291,671.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Travelers Companies news, Vice Chairman William H. Heyman sold 26,633 shares of the firm's stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total transaction of $5,666,437.08. Following the transaction, the insider now owns 255,178 shares in the company, valued at approximately $54,291,671.28. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Daniel S. Frey sold 38,000 shares of the firm's stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $212.55, for a total value of $8,076,900.00. Following the transaction, the chief financial officer now owns 14,810 shares in the company, valued at approximately $3,147,865.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 109,775 shares of company stock valued at $23,343,903. Insiders own 1.33% of the company's stock.

Travelers Companies Stock Performance

Shares of TRV traded up $2.05 during mid-day trading on Tuesday, reaching $223.11. The company's stock had a trading volume of 1,411,417 shares, compared to its average volume of 1,435,062. The stock has a market cap of $51.12 billion, a P/E ratio of 17.44, a PEG ratio of 1.16 and a beta of 0.58. The business has a 50-day simple moving average of $222.02 and a two-hundred day simple moving average of $196.10. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.32. The Travelers Companies, Inc. has a 1-year low of $157.33 and a 1-year high of $232.75.

Travelers Companies (NYSE:TRV - Get Free Report) last released its quarterly earnings results on Friday, January 19th. The insurance provider reported $7.01 earnings per share for the quarter, topping the consensus estimate of $5.10 by $1.91. The business had revenue of $10.93 billion during the quarter, compared to analysts' expectations of $10.18 billion. Travelers Companies had a return on equity of 13.68% and a net margin of 7.23%. The firm's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the firm posted $3.40 EPS. As a group, equities research analysts anticipate that The Travelers Companies, Inc. will post 17.62 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were issued a dividend of $1.00 per share. The ex-dividend date was Thursday, March 7th. This represents a $4.00 annualized dividend and a yield of 1.79%. Travelers Companies's payout ratio is currently 31.27%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. HSBC increased their price target on Travelers Companies from $218.00 to $240.00 and gave the stock a "hold" rating in a report on Thursday, April 4th. Janney Montgomery Scott initiated coverage on Travelers Companies in a report on Wednesday, December 20th. They set a "buy" rating and a $215.00 price objective for the company. UBS Group increased their price objective on Travelers Companies from $205.00 to $225.00 and gave the stock a "neutral" rating in a report on Tuesday, January 23rd. Royal Bank of Canada increased their price objective on Travelers Companies from $185.00 to $210.00 and gave the stock a "sector perform" rating in a report on Monday, January 22nd. Finally, Morgan Stanley increased their price objective on Travelers Companies from $222.00 to $230.00 and gave the stock an "equal weight" rating in a report on Monday. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $217.00.

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.