Choreo LLC Grows Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Choreo LLC increased its stake in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 356.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,181 shares of the insurance provider's stock after purchasing an additional 4,827 shares during the period. Choreo LLC's holdings in Travelers Companies were worth $1,177,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of TRV. Mn Services Vermogensbeheer B.V. boosted its stake in Travelers Companies by 1.5% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 111,547 shares of the insurance provider's stock valued at $18,217,000 after buying an additional 1,600 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Travelers Companies by 124.9% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 13,775 shares of the insurance provider's stock valued at $2,660,000 after buying an additional 7,649 shares in the last quarter. Worth Asset Management LLC acquired a new stake in shares of Travelers Companies during the fourth quarter valued at about $2,201,000. Nordea Investment Management AB boosted its stake in shares of Travelers Companies by 7.2% during the fourth quarter. Nordea Investment Management AB now owns 246,837 shares of the insurance provider's stock valued at $46,919,000 after purchasing an additional 16,580 shares in the last quarter. Finally, DNB Asset Management AS boosted its stake in shares of Travelers Companies by 53.5% during the fourth quarter. DNB Asset Management AS now owns 69,503 shares of the insurance provider's stock valued at $13,240,000 after purchasing an additional 24,230 shares in the last quarter. Institutional investors own 82.45% of the company's stock.

Travelers Companies Trading Up 0.4 %

TRV traded up $0.90 during trading on Wednesday, hitting $213.06. The company's stock had a trading volume of 1,143,902 shares, compared to its average volume of 1,489,877. The Travelers Companies, Inc. has a twelve month low of $157.33 and a twelve month high of $232.75. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.32. The stock's fifty day moving average price is $221.25 and its 200-day moving average price is $199.62. The firm has a market capitalization of $48.79 billion, a P/E ratio of 15.85, a PEG ratio of 1.11 and a beta of 0.58.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its earnings results on Wednesday, April 17th. The insurance provider reported $4.69 earnings per share for the quarter, missing analysts' consensus estimates of $4.75 by ($0.06). Travelers Companies had a return on equity of 13.94% and a net margin of 7.32%. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.62 billion. During the same period in the previous year, the company earned $4.11 earnings per share. Travelers Companies's revenue for the quarter was up 15.7% compared to the same quarter last year. Analysts anticipate that The Travelers Companies, Inc. will post 17.74 EPS for the current year.

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.97%. This is a positive change from Travelers Companies's previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Friday, June 7th. Travelers Companies's dividend payout ratio is presently 29.72%.

Analyst Ratings Changes

A number of analysts have recently commented on TRV shares. TD Cowen cut their price target on Travelers Companies from $261.00 to $252.00 and set a "buy" rating on the stock in a research note on Tuesday, April 23rd. Keefe, Bruyette & Woods cut their price target on Travelers Companies from $241.00 to $231.00 and set a "market perform" rating on the stock in a research note on Thursday, April 18th. HSBC lifted their price target on Travelers Companies from $218.00 to $240.00 and gave the company a "hold" rating in a research note on Thursday, April 4th. StockNews.com lowered Travelers Companies from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $240.00 price objective on shares of Travelers Companies in a research note on Thursday, April 18th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $223.47.

Insider Transactions at Travelers Companies

In related news, CFO Daniel S. Frey sold 38,000 shares of the 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 completion of the sale, the chief financial officer now directly owns 14,810 shares of the company's stock, valued at approximately $3,147,865.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CFO Daniel S. Frey sold 38,000 shares of the 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 completion of the sale, the chief financial officer now directly owns 14,810 shares of the company's stock, valued at approximately $3,147,865.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP David Donnay Rowland sold 10,181 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $214.00, for a total value of $2,178,734.00. Following the completion of the sale, the executive vice president now directly owns 7,865 shares of the company's stock, valued at $1,683,110. The disclosure for this sale can be found here. Insiders have sold 67,681 shares of company stock valued at $14,427,504 over the last ninety days. 1.33% of the stock is owned by company insiders.

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.