Oregon Public Employees Retirement Fund Has $4.68 Million Position in The Travelers Companies, Inc. (NYSE:TRV)

Oregon Public Employees Retirement Fund reduced its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 0.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 19,429 shares of the insurance provider’s stock after selling 70 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Travelers Companies were worth $4,680,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. YANKCOM Partnership bought a new position in shares of Travelers Companies in the 4th quarter valued at about $27,000. True Wealth Design LLC bought a new position in shares of Travelers Companies in the 3rd quarter valued at about $41,000. Asset Planning Inc bought a new position in shares of Travelers Companies in the 4th quarter valued at about $44,000. Catalyst Capital Advisors LLC bought a new position in shares of Travelers Companies in the 3rd quarter valued at about $50,000. Finally, Versant Capital Management Inc grew its position in shares of Travelers Companies by 581.1% in the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after acquiring an additional 215 shares during the period. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TRV has been the subject of a number of analyst reports. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Tuesday, December 10th. Keefe, Bruyette & Woods raised shares of Travelers Companies from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $268.00 target price (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $261.05.

Travelers Companies Stock Performance

NYSE TRV opened at $248.61 on Thursday. 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 $56.37 billion, a P/E ratio of 11.58, a P/E/G ratio of 4.65 and a beta of 0.64. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.55. The firm has a 50-day moving average price of $242.50 and a two-hundred day moving average price of $242.55.

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

Travelers Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, March 10th. Travelers Companies’s payout ratio is presently 19.56%.

Travelers Companies Company 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.