Copperwynd Financial LLC Has $953,000 Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Copperwynd Financial LLC lessened its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,956 shares of the insurance provider’s stock after selling 73 shares during the period. Copperwynd Financial LLC’s holdings in Travelers Companies were worth $953,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. YANKCOM Partnership acquired a new position in shares of Travelers Companies during the 4th quarter worth approximately $27,000. True Wealth Design LLC acquired a new stake in shares of Travelers Companies during the 3rd quarter worth approximately $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies during the 4th quarter worth approximately $44,000. Providence First Trust Co acquired a new stake in shares of Travelers Companies during the 4th quarter worth approximately $48,000. Finally, Versant Capital Management Inc boosted its position in shares of Travelers Companies by 581.1% during the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on TRV. BMO Capital Markets increased their price target on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Tuesday, December 10th. Piper Sandler upgraded shares of Travelers Companies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, Wells Fargo & Company boosted their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research note on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $261.05.

Travelers Companies Price Performance

Shares of NYSE:TRV opened at $261.26 on Friday. The firm has a market cap of $59.23 billion, a PE ratio of 12.17, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.56. The firm’s fifty day moving average is $246.26 and its 200-day moving average is $245.73.

Travelers Companies (NYSE:TRV) last released its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.50 by $2.65. The business had revenue of $12.01 billion for the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. Travelers Companies’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.01 earnings per share. Sell-side analysts predict 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. Investors of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.61%. Travelers Companies’s payout ratio is 19.56%.

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.