Shares of The Travelers Companies, Inc. (NYSE:TRV – Get Free Report) have earned an average recommendation of “Hold” from the twenty-four research firms that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $254.85.
A number of research analysts have commented on TRV shares. Wells Fargo & Company reiterated an “underweight” rating and set a $217.00 price objective (down from $256.00) on shares of Travelers Companies in a research note on Wednesday, December 11th. Hsbc Global Res raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. UBS Group boosted their price objective on Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Royal Bank of Canada increased their target price on Travelers Companies from $250.00 to $273.00 and gave the stock a “sector perform” rating in a report on Friday, October 18th. Finally, Janney Montgomery Scott lowered Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price for the company. in a research report on Thursday, November 21st.
View Our Latest Analysis on TRV
Insider Buying and Selling
Hedge Funds Weigh In On Travelers Companies
Several hedge funds have recently modified their holdings of TRV. Ledyard National Bank increased its holdings in shares of Travelers Companies by 1.9% in the third quarter. Ledyard National Bank now owns 2,067 shares of the insurance provider’s stock valued at $484,000 after buying an additional 39 shares in the last quarter. Trueblood Wealth Management LLC increased its stake in Travelers Companies by 2.3% in the 3rd quarter. Trueblood Wealth Management LLC now owns 1,807 shares of the insurance provider’s stock worth $423,000 after purchasing an additional 41 shares in the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in Travelers Companies by 2.9% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 1,499 shares of the insurance provider’s stock worth $351,000 after buying an additional 42 shares during the period. Willner & Heller LLC lifted its stake in Travelers Companies by 4.1% during the third quarter. Willner & Heller LLC now owns 1,146 shares of the insurance provider’s stock valued at $268,000 after buying an additional 45 shares in the last quarter. Finally, Wolff Wiese Magana LLC increased its position in shares of Travelers Companies by 39.1% in the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 45 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.
Travelers Companies Stock Down 4.2 %
Shares of NYSE TRV opened at $232.53 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. Travelers Companies has a 1 year low of $191.88 and a 1 year high of $269.55. The stock’s 50-day simple moving average is $250.73 and its 200-day simple moving average is $234.59. The firm has a market cap of $52.79 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.17 and a beta of 0.65.
Travelers Companies (NYSE:TRV – Get Free Report) last announced its earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.79 by $1.45. Travelers Companies had a return on equity of 17.69% and a net margin of 10.02%. The company had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.46 billion. During the same period in the prior year, the company posted $1.95 EPS. Travelers Companies’s quarterly revenue was up 11.9% on a year-over-year basis. As a group, equities analysts anticipate that Travelers Companies will post 18.84 earnings per share for the current fiscal year.
Travelers Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders 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 dividend yield of 1.81%. Travelers Companies’s dividend payout ratio is presently 21.54%.
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.
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