Robeco Institutional Asset Management B.V. Buys 56,075 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Robeco Institutional Asset Management B.V. boosted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 15.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 422,435 shares of the insurance provider’s stock after buying an additional 56,075 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.19% of Travelers Companies worth $101,760,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TRV. NewEdge Advisors LLC raised its holdings in shares of Travelers Companies by 14.9% in the 2nd quarter. NewEdge Advisors LLC now owns 24,875 shares of the insurance provider’s stock valued at $5,058,000 after purchasing an additional 3,228 shares in the last quarter. Quarry LP raised its holdings in shares of Travelers Companies by 249.0% in the 2nd quarter. Quarry LP now owns 869 shares of the insurance provider’s stock valued at $177,000 after purchasing an additional 620 shares in the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Travelers Companies by 10.2% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,817 shares of the insurance provider’s stock valued at $573,000 after purchasing an additional 261 shares in the last quarter. Advisory Alpha LLC bought a new stake in shares of Travelers Companies in the 2nd quarter valued at about $218,000. Finally, Cetera Investment Advisers raised its holdings in shares of Travelers Companies by 7.4% in the 2nd quarter. Cetera Investment Advisers now owns 48,921 shares of the insurance provider’s stock valued at $9,948,000 after purchasing an additional 3,380 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Down 0.9 %

TRV stock opened at $248.65 on Wednesday. The firm’s fifty day simple moving average is $247.48 and its 200-day simple moving average is $238.07. The company has a market capitalization of $56.45 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.34. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55.

Travelers Companies (NYSE:TRV) last released its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 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 the consensus estimate of $10.80 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the firm earned $7.01 EPS. As a group, equities research analysts forecast that The Travelers Companies, Inc. will post 20.33 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 paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio is currently 19.56%.

Insider Activity at Travelers Companies

In related news, Vice Chairman William H. Heyman sold 3,740 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now directly owns 250,384 shares in the company, valued at $66,301,683.20. The trade was a 1.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Maria Olivo sold 10,410 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the transaction, the executive vice president now owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. This represents a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.33% of the company’s stock.

Analyst Upgrades and Downgrades

TRV has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on shares of Travelers Companies from $210.00 to $235.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Tuesday, December 10th. Janney Montgomery Scott downgraded shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a research report on Thursday, November 21st. UBS Group lifted their price objective on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective on the stock in a research report on Wednesday, January 8th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $260.47.

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.