2,132 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by Oxford Asset Management LLP

Oxford Asset Management LLP purchased a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,132 shares of the insurance provider's stock, valued at approximately $514,000.

Several other large investors have also recently added to or reduced their stakes in TRV. Norges Bank acquired a new stake in Travelers Companies in the fourth quarter worth $560,918,000. Raymond James Financial Inc. acquired a new stake in Travelers Companies in the fourth quarter worth $138,619,000. Proficio Capital Partners LLC acquired a new stake in Travelers Companies in the fourth quarter worth $96,012,000. Dimensional Fund Advisors LP increased its position in Travelers Companies by 7.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,377,966 shares of the insurance provider's stock worth $813,704,000 after buying an additional 243,484 shares during the period. Finally, Bryn Mawr Capital Management LLC increased its position in Travelers Companies by 15,056.4% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 238,258 shares of the insurance provider's stock worth $57,394,000 after buying an additional 236,686 shares during the period. 82.45% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Stock Down 0.9 %

TRV stock traded down $2.35 during trading hours on Thursday, hitting $261.78. The company's stock had a trading volume of 1,153,566 shares, compared to its average volume of 1,286,376. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $59.31 billion, a PE ratio of 12.19, a price-to-earnings-growth ratio of 4.65 and a beta of 0.48. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56. The stock has a 50 day moving average price of $255.61 and a two-hundred day moving average price of $250.87.

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

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be issued a dividend of $1.10 per share. This is an increase from Travelers Companies's previous quarterly dividend of $1.05. This represents a $4.40 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Tuesday, June 10th. Travelers Companies's dividend payout ratio is currently 23.95%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TRV. StockNews.com raised Travelers Companies from a "hold" rating to a "buy" rating in a research note on Thursday, April 17th. Evercore ISI raised their target price on Travelers Companies from $288.00 to $296.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Hsbc Global Res cut Travelers Companies from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. HSBC cut Travelers Companies from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research note on Monday, March 24th. Finally, Piper Sandler raised Travelers Companies from a "neutral" rating to an "overweight" rating and raised their target price for the company from $259.00 to $310.00 in a research note on Friday, January 24th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Travelers Companies currently has an average rating of "Hold" and an average target price of $267.32.

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.