152 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Generali Investments Management Co LLC

Generali Investments Management Co LLC acquired a new stake in shares of The Travelers Companies, Inc. (NYSE:TRV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 152 shares of the insurance provider’s stock, valued at approximately $37,000.

Several other large investors also recently modified their holdings of the stock. YANKCOM Partnership bought a new position in shares of Travelers Companies during the 4th quarter worth approximately $27,000. True Wealth Design LLC bought a new position in shares of Travelers Companies during the third quarter valued at $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co bought a new stake in shares of Travelers Companies in the 4th quarter worth about $48,000. Finally, IMG Wealth Management Inc. acquired a new stake in shares of Travelers Companies during the 4th quarter worth about $55,000. 82.45% of the stock is currently owned by institutional investors.

Travelers Companies Stock Performance

TRV stock opened at $261.50 on Thursday. The Travelers Companies, Inc. has a twelve month low of $200.21 and a twelve month high of $269.56. 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 cap of $59.29 billion, a P/E ratio of 12.18, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The business’s fifty day moving average is $247.48 and its 200-day moving average is $246.64.

Travelers Companies (NYSE:TRV) last issued its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.50 by $2.65. The firm had revenue of $12.01 billion for the quarter, compared to analysts’ expectations of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company’s revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the business earned $7.01 earnings per share. Equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

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 issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio is currently 19.56%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TRV. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a research report on Wednesday, January 8th. Barclays increased their price target on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. HSBC upgraded 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. Hsbc Global Res upgraded Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, Wells Fargo & Company upped their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $261.05.

About Travelers Companies

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.