Oxford Asset Management LLP Takes $514,000 Position in The Travelers Companies, Inc. (NYSE:TRV)

Oxford Asset Management LLP bought a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,132 shares of the insurance provider’s stock, valued at approximately $514,000.

Several other large investors also recently bought and sold shares of TRV. YANKCOM Partnership purchased a new position in shares of Travelers Companies in the 4th quarter worth $27,000. Generali Investments Management Co LLC bought a new position in shares of Travelers Companies in the 4th quarter valued at about $37,000. Asset Planning Inc purchased a new position in Travelers Companies in the fourth quarter worth about $44,000. Providence First Trust Co bought a new stake in Travelers Companies during the fourth quarter worth approximately $48,000. Finally, IMG Wealth Management Inc. purchased a new stake in Travelers Companies during the fourth quarter valued at approximately $55,000. Institutional investors own 82.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Barclays dropped their target price on Travelers Companies from $287.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, April 11th. Evercore ISI lifted their price objective on shares of Travelers Companies from $288.00 to $296.00 and gave the stock an “outperform” rating in a research note on Thursday, April 17th. HSBC downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 target price on the stock. in a research note on Monday, March 24th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $268.00 price target (down from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Finally, Hsbc Global Res lowered shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 24th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $267.32.

Travelers Companies Trading Down 0.5 %

Shares of NYSE TRV opened at $259.19 on Friday. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. The firm has a market cap of $58.72 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 4.65 and a beta of 0.48. The business has a fifty day simple moving average of $254.27 and a two-hundred day simple moving average of $250.39. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

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. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The firm had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. During the same period in the previous year, the company posted $4.69 earnings per share. Analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal 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 given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Tuesday, June 10th. This is a boost from Travelers Companies’s previous quarterly dividend of $1.05. 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.