Fiduciary Financial Group LLC Has $321,000 Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Fiduciary Financial Group LLC lessened its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,380 shares of the insurance provider’s stock after selling 61 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Travelers Companies were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of TRV. FMR LLC boosted its stake in Travelers Companies by 12.6% in the 3rd quarter. FMR LLC now owns 14,048,691 shares of the insurance provider’s stock valued at $3,289,079,000 after buying an additional 1,568,909 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Travelers Companies by 23,378.8% in the 3rd quarter. International Assets Investment Management LLC now owns 520,291 shares of the insurance provider’s stock valued at $121,811,000 after buying an additional 518,075 shares in the last quarter. Bank of Montreal Can boosted its stake in Travelers Companies by 66.9% in the 3rd quarter. Bank of Montreal Can now owns 705,793 shares of the insurance provider’s stock valued at $166,645,000 after buying an additional 282,884 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Travelers Companies in the 3rd quarter valued at $54,988,000. Finally, Janus Henderson Group PLC boosted its stake in 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 buying an additional 232,428 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Up 1.6 %

TRV stock opened at $237.15 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market capitalization of $53.84 billion, a P/E ratio of 12.16, a P/E/G ratio of 1.17 and a beta of 0.65. The business has a 50-day moving average of $250.38 and a 200-day moving average of $235.40. The Travelers Companies, Inc. has a fifty-two week low of $194.54 and a fifty-two week high of $269.55.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings data on Thursday, October 17th. The insurance provider reported $5.24 earnings per share for the quarter, topping the consensus estimate of $3.79 by $1.45. The company had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.46 billion. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. Travelers Companies’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.95 earnings per share. On average, sell-side analysts anticipate that The Travelers Companies, Inc. will post 18.84 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th were given a dividend of $1.05 per share. The ex-dividend date was Tuesday, December 10th. This represents a $4.20 annualized dividend and a yield of 1.77%. Travelers Companies’s dividend payout ratio (DPR) is presently 21.54%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TRV. Barclays cut their price objective on Travelers Companies from $295.00 to $278.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Wells Fargo & Company cut their price objective on Travelers Companies from $217.00 to $213.00 and set an “underweight” rating for the company in a research report on Tuesday. Hsbc Global Res upgraded Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Royal Bank of Canada boosted their target price on Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a research report on Friday, October 18th. Finally, HSBC upgraded Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research report on Tuesday, December 10th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $254.65.

Insider Activity at Travelers Companies

In related news, EVP Diane Kurtzman sold 3,941 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $260.45, for a total transaction of $1,026,433.45. Following the completion of the transaction, the executive vice president now directly owns 1,715 shares of the company’s stock, valued at approximately $446,671.75. This represents a 69.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Andy F. Bessette sold 4,520 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $253.46, for a total value of $1,145,639.20. Following the completion of the sale, the executive vice president now owns 16,976 shares in the company, valued at $4,302,736.96. This represents a 21.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,149 shares of company stock valued at $20,295,856. 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.