SageView Advisory Group LLC Invests $205,000 in The Travelers Companies, Inc. (NYSE:TRV)

SageView Advisory Group LLC purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 851 shares of the insurance provider’s stock, valued at approximately $205,000.

A number of other large investors have also recently bought and sold shares of the company. YANKCOM Partnership bought a new stake in shares of Travelers Companies during the 4th quarter worth approximately $27,000. Generali Investments Management Co LLC acquired a new stake in shares of Travelers Companies in the 4th quarter valued at $37,000. Asset Planning Inc bought a new position in shares of Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co bought a new stake in shares of Travelers Companies during the 4th quarter worth $48,000. Finally, IMG Wealth Management Inc. acquired a new stake in Travelers Companies in the fourth quarter valued at about $55,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TRV has been the subject of a number of research reports. UBS Group dropped their target price on shares of Travelers Companies from $270.00 to $267.00 and set a “neutral” rating for the company in a report on Wednesday, April 9th. Wells Fargo & Company upgraded shares of Travelers Companies from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $225.00 to $247.00 in a research report on Wednesday, April 9th. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price on the stock in a research note on Wednesday, January 8th. HSBC cut Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a research note on Monday, March 24th. Finally, JPMorgan Chase & Co. upped their target price on Travelers Companies from $260.00 to $271.00 and gave the stock an “underweight” rating in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target of $263.37.

Travelers Companies Trading Up 1.5 %

NYSE TRV opened at $253.30 on Thursday. The stock has a market capitalization of $57.43 billion, a P/E ratio of 11.80, a P/E/G ratio of 4.65 and a beta of 0.48. The business has a 50 day simple moving average of $251.88 and a 200 day simple moving average of $249.07. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.56.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share for the quarter, beating the consensus estimate of $0.53 by $1.38. The company had revenue of $10.52 billion during the quarter, compared to analyst estimates of $10.97 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. During the same quarter in the previous year, the business posted $4.69 EPS. Research analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were given a dividend of $1.05 per share. The ex-dividend date was Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.66%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

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.