1,185 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by D Orazio & Associates Inc.

D Orazio & Associates Inc. bought a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,185 shares of the insurance provider’s stock, valued at approximately $285,000.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC grew its stake in Travelers Companies by 12.6% during the 3rd quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock worth $3,289,079,000 after buying an additional 1,568,909 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in Travelers Companies by 23,378.8% in the third quarter. International Assets Investment Management LLC now owns 520,291 shares of the insurance provider’s stock worth $121,811,000 after acquiring an additional 518,075 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Travelers Companies by 66.9% during the third quarter. Bank of Montreal Can now owns 705,793 shares of the insurance provider’s stock worth $166,645,000 after acquiring an additional 282,884 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Travelers Companies during the third quarter valued at about $54,988,000. Finally, Janus Henderson Group PLC raised its position in shares of Travelers Companies by 216.3% in the 3rd quarter. Janus Henderson Group PLC now owns 339,901 shares of the insurance provider’s stock valued at $79,582,000 after purchasing an additional 232,428 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors.

Travelers Companies Stock Performance

Shares of TRV stock opened at $245.13 on Friday. The company has a market capitalization of $55.65 billion, a P/E ratio of 11.42, a P/E/G ratio of 1.08 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 business’s 50 day moving average is $245.24 and its two-hundred day moving average is $239.28. The company has a current ratio of 0.33, a quick ratio of 0.34 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The firm had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the company posted $7.01 EPS. Travelers Companies’s quarterly revenue was up 9.9% compared to the same quarter last year. Analysts expect that The Travelers Companies, Inc. will post 20.57 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio is currently 19.56%.

Analysts Set New Price Targets

TRV has been the topic of a number of recent analyst reports. Roth Mkm upped their price target on shares of Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Janney Montgomery Scott downgraded Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a research report on Thursday, November 21st. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Tuesday, December 10th. Hsbc Global Res upgraded Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Piper Sandler upgraded Travelers Companies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $260.47.

Insider Buying and Selling at Travelers Companies

In related news, EVP Maria Olivo sold 10,410 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $261.80, for a total value of $2,725,338.00. Following the completion of the transaction, the executive vice president now directly owns 111,162 shares in the company, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the sale, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. This represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is currently owned by insiders.

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.