The Travelers Companies, Inc. (NYSE:TRV) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in The Travelers Companies, Inc. (NYSE:TRV - Free Report) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 342,005 shares of the insurance provider's stock after acquiring an additional 12,597 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.15% of Travelers Companies worth $65,426,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TRV. Grimes & Company Inc. lifted its stake in Travelers Companies by 2.2% in the fourth quarter. Grimes & Company Inc. now owns 2,420 shares of the insurance provider's stock valued at $461,000 after acquiring an additional 53 shares during the last quarter. Slow Capital Inc. grew its holdings in Travelers Companies by 0.3% during the fourth quarter. Slow Capital Inc. now owns 18,115 shares of the insurance provider's stock worth $3,451,000 after purchasing an additional 53 shares during the period. Hexagon Capital Partners LLC increased its position in Travelers Companies by 25.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 295 shares of the insurance provider's stock worth $56,000 after buying an additional 60 shares during the last quarter. Schmidt P J Investment Management Inc. raised its stake in Travelers Companies by 4.0% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 1,605 shares of the insurance provider's stock valued at $339,000 after buying an additional 61 shares during the period. Finally, Vestor Capital LLC lifted its position in shares of Travelers Companies by 19.8% in the fourth quarter. Vestor Capital LLC now owns 393 shares of the insurance provider's stock valued at $75,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TRV shares. Roth Mkm reaffirmed a "buy" rating and set a $240.00 price objective on shares of Travelers Companies in a research report on Thursday, April 18th. StockNews.com raised shares of Travelers Companies from a "hold" rating to a "buy" rating in a report on Sunday, May 5th. The Goldman Sachs Group raised their price objective on shares of Travelers Companies from $186.00 to $212.00 and gave the stock a "sell" rating in a research report on Friday, April 12th. Royal Bank of Canada decreased their target price on Travelers Companies from $230.00 to $225.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 18th. Finally, UBS Group dropped their price target on Travelers Companies from $237.00 to $230.00 and set a "neutral" rating for the company in a report on Monday, April 22nd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $222.65.

Insider Buying and Selling at Travelers Companies

In other news, EVP Michael Frederick Klein sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the completion of the sale, the executive vice president now owns 22,798 shares of the company's stock, valued at approximately $4,877,860.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, EVP Michael Frederick Klein sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $213.96, for a total transaction of $2,139,600.00. Following the transaction, the executive vice president now directly owns 22,798 shares of the company's stock, valued at approximately $4,877,860.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Daniel S. Frey sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of $212.90, for a total value of $1,064,500.00. Following the completion of the sale, the chief financial officer now directly owns 18,515 shares of the company's stock, valued at approximately $3,941,843.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,635 shares of company stock valued at $3,980,827. 1.33% of the stock is currently owned by company insiders.

Travelers Companies Trading Up 0.5 %

Shares of Travelers Companies stock traded up $1.01 during midday trading on Tuesday, reaching $217.59. The company had a trading volume of 734,614 shares, compared to its average volume of 1,426,439. The Travelers Companies, Inc. has a fifty-two week low of $157.33 and a fifty-two week high of $232.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a fifty day moving average price of $220.49 and a 200 day moving average price of $202.92. The firm has a market cap of $49.83 billion, a PE ratio of 16.17, a P/E/G ratio of 1.13 and a beta of 0.60.

Travelers Companies (NYSE:TRV - Get Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing analysts' consensus estimates of $4.75 by ($0.06). Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. The firm had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.62 billion. During the same period last year, the company posted $4.11 EPS. The business's revenue was up 15.7% compared to the same quarter last year. On average, equities analysts anticipate that The Travelers Companies, Inc. will post 17.81 earnings per share for the current year.

Travelers Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 10th will be issued a $1.05 dividend. This is an increase from Travelers Companies's previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Monday, June 10th. Travelers Companies's payout ratio is presently 31.20%.

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.