Humankind Investments LLC Sells 128 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Humankind Investments LLC lessened its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 11.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 944 shares of the insurance provider’s stock after selling 128 shares during the period. Humankind Investments LLC’s holdings in Travelers Companies were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TRV. Principal Financial Group Inc. raised its holdings in shares of Travelers Companies by 3.6% during the third quarter. Principal Financial Group Inc. now owns 281,463 shares of the insurance provider’s stock valued at $65,896,000 after acquiring an additional 9,660 shares in the last quarter. ORG Partners LLC raised its holdings in shares of Travelers Companies by 119.8% during the fourth quarter. ORG Partners LLC now owns 842 shares of the insurance provider’s stock valued at $203,000 after acquiring an additional 459 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Travelers Companies by 1.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 5,428 shares of the insurance provider’s stock valued at $1,308,000 after acquiring an additional 60 shares in the last quarter. Czech National Bank grew its stake in Travelers Companies by 6.0% in the fourth quarter. Czech National Bank now owns 49,223 shares of the insurance provider’s stock worth $11,857,000 after purchasing an additional 2,792 shares during the period. Finally, Aprio Wealth Management LLC grew its stake in Travelers Companies by 10.4% in the fourth quarter. Aprio Wealth Management LLC now owns 1,075 shares of the insurance provider’s stock worth $259,000 after purchasing an additional 101 shares during the period. Institutional investors own 82.45% of the company’s stock.

Analysts Set New Price Targets

TRV has been the topic of several recent research reports. UBS Group reduced their price target on Travelers Companies from $270.00 to $267.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 9th. 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 price target on the stock. in a research note on Monday, March 24th. Jefferies Financial Group upped their price target on Travelers Companies from $265.00 to $270.00 and gave the stock a “hold” rating in a research note on Friday, April 11th. Finally, Barclays reduced their price target on Travelers Companies from $287.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, April 11th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $267.32.

Travelers Companies Trading Down 0.4%

Shares of NYSE:TRV opened at $269.65 on Monday. The company has a market cap of $61.09 billion, a P/E ratio of 12.56, a PEG ratio of 4.65 and a beta of 0.53. 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 1 year low of $200.21 and a 1 year high of $273.08. The stock’s fifty day moving average price is $257.51 and its 200-day moving average price is $251.50.

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

Travelers Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, June 10th. Travelers Companies’s dividend payout ratio is presently 23.95%.

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.