1,785 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new position in The Travelers Companies, Inc. (NYSE:TRV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,785 shares of the insurance provider’s stock, valued at approximately $430,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Elevate Capital Advisors LLC purchased a new stake in shares of Travelers Companies in the fourth quarter worth about $4,627,000. Franklin Resources Inc. raised its holdings in shares of Travelers Companies by 39.5% during the 3rd quarter. Franklin Resources Inc. now owns 135,957 shares of the insurance provider’s stock worth $32,646,000 after acquiring an additional 38,515 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of Travelers Companies by 34.6% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 18,144 shares of the insurance provider’s stock valued at $4,248,000 after acquiring an additional 4,665 shares during the last quarter. Czech National Bank grew its holdings in shares of Travelers Companies by 6.0% in the fourth quarter. Czech National Bank now owns 49,223 shares of the insurance provider’s stock valued at $11,857,000 after purchasing an additional 2,792 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in Travelers Companies in the third quarter worth $1,219,000. Institutional investors own 82.45% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. BMO Capital Markets increased their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Keefe, Bruyette & Woods upgraded Travelers Companies from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $275.00 to $286.00 in a research report on Wednesday, February 19th. StockNews.com cut Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $268.00 price objective (down from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Finally, Barclays boosted their target price on Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $261.05.

Travelers Companies Stock Up 0.8 %

Shares of NYSE TRV opened at $258.09 on Monday. The stock has a 50 day moving average price of $244.74 and a 200 day moving average price of $244.84. The firm has a market capitalization of $58.51 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $269.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $7.01 EPS. Sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is 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.