Level Four Advisory Services LLC Boosts Stake in The Travelers Companies, Inc. (NYSE:TRV)

Level Four Advisory Services LLC lifted its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,115 shares of the insurance provider’s stock after acquiring an additional 209 shares during the quarter. Level Four Advisory Services LLC’s holdings in Travelers Companies were worth $750,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TRV. Vanguard Group Inc. increased its holdings in Travelers Companies by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider’s stock worth $5,207,499,000 after purchasing an additional 117,108 shares during the last quarter. State Street Corp grew its position in shares of Travelers Companies by 0.8% during the third quarter. State Street Corp now owns 15,566,941 shares of the insurance provider’s stock worth $3,644,532,000 after buying an additional 120,228 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Travelers Companies by 2.3% during the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider’s stock worth $1,187,865,000 after buying an additional 114,714 shares in the last quarter. Norges Bank bought a new stake in shares of Travelers Companies in the fourth quarter worth $560,918,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Travelers Companies by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,522,769 shares of the insurance provider’s stock valued at $366,820,000 after acquiring an additional 26,117 shares in the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $261.86 on Monday. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.56. The company has a market cap of $59.37 billion, a PE ratio of 12.20, a P/E/G ratio of 4.65 and a beta of 0.60. The stock has a 50 day simple moving average of $250.56 and a 200-day simple moving average of $248.07. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.50 by $2.65. The company had revenue of $12.01 billion during 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 for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $7.01 earnings per share. On average, equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a dividend of $1.05 per share. The ex-dividend date is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.60%. Travelers Companies’s dividend payout ratio (DPR) is 19.56%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TRV. Hsbc Global Res lowered shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Barclays lifted their price target on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. HSBC cut Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a research note on Monday, March 24th. The Goldman Sachs Group upgraded Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target for the company in a report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and upped their price target for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $260.00.

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.