Signaturefd LLC Purchases 323 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Signaturefd LLC raised its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,706 shares of the insurance provider’s stock after purchasing an additional 323 shares during the quarter. Signaturefd LLC’s holdings in Travelers Companies were worth $1,278,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. First Command Advisory Services Inc. bought a new stake in shares of Travelers Companies during the third quarter worth about $26,000. Arlington Trust Co LLC bought a new stake in Travelers Companies during the 3rd quarter worth approximately $27,000. FWL Investment Management LLC purchased a new stake in shares of Travelers Companies in the fourth quarter worth approximately $28,000. Quarry LP bought a new position in shares of Travelers Companies in the first quarter valued at approximately $31,000. Finally, AM Squared Ltd boosted its position in shares of Travelers Companies by 100.0% during the third quarter. AM Squared Ltd now owns 200 shares of the insurance provider’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Up 1.7 %

Shares of NYSE TRV opened at $214.07 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market capitalization of $49.02 billion, a PE ratio of 15.90, a P/E/G ratio of 1.12 and a beta of 0.58. The Travelers Companies, Inc. has a one year low of $157.33 and a one year high of $232.75. The business’s fifty day moving average price is $221.79 and its 200-day moving average price is $197.12.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, April 17th. The insurance provider reported $4.69 EPS for the quarter, missing the consensus estimate of $4.75 by ($0.06). The business had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.62 billion. Travelers Companies had a net margin of 7.32% and a return on equity of 13.94%. Travelers Companies’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period last year, the company earned $4.11 earnings per share. On average, equities research analysts anticipate that The Travelers Companies, Inc. will post 17.66 EPS for the current year.

Travelers Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 10th will be issued a $1.05 dividend. The ex-dividend date is Friday, June 7th. This is an increase from Travelers Companies’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a yield of 1.96%. Travelers Companies’s dividend payout ratio (DPR) is 29.72%.

Wall Street Analysts Forecast Growth

TRV has been the subject of a number of analyst reports. TD Cowen began coverage on Travelers Companies in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $247.00 price target for the company. The Goldman Sachs Group increased their target price on shares of Travelers Companies from $186.00 to $212.00 and gave the company a “sell” rating in a report on Friday, April 12th. JPMorgan Chase & Co. boosted their price target on shares of Travelers Companies from $194.00 to $213.00 and gave the stock an “underweight” rating in a report on Monday, April 8th. UBS Group increased their price objective on shares of Travelers Companies from $205.00 to $225.00 and gave the company a “neutral” rating in a research note on Tuesday, January 23rd. Finally, Citigroup boosted their target price on Travelers Companies from $215.00 to $226.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $222.88.

Insider Activity at Travelers Companies

In other Travelers Companies news, Vice Chairman William H. Heyman sold 26,633 shares of the stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total transaction of $5,666,437.08. Following the sale, the insider now owns 255,178 shares in the company, valued at $54,291,671.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Vice Chairman William H. Heyman sold 26,633 shares of Travelers Companies stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $212.76, for a total value of $5,666,437.08. Following the completion of the transaction, the insider now directly owns 255,178 shares in the company, valued at $54,291,671.28. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Vice Chairman William H. Heyman sold 2,500 shares of the stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $213.54, for a total value of $533,850.00. Following the sale, the insider now directly owns 255,178 shares in the company, valued at approximately $54,490,710.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 109,775 shares of company stock worth $23,343,903. Corporate insiders own 1.33% of the company’s stock.

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.