The Travelers Companies, Inc. (NYSE:TRV) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. raised its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,167 shares of the insurance provider’s stock after purchasing an additional 201 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Travelers Companies were worth $1,486,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC boosted its stake in shares of Travelers Companies by 16.0% in the fourth quarter. Chicago Partners Investment Group LLC now owns 1,930 shares of the insurance provider’s stock worth $468,000 after acquiring an additional 266 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Travelers Companies in the 4th quarter valued at $928,000. Caprock Group LLC acquired a new position in Travelers Companies during the 4th quarter worth $3,360,000. AA Financial Advisors LLC grew its stake in Travelers Companies by 7.7% during the 4th quarter. AA Financial Advisors LLC now owns 4,571 shares of the insurance provider’s stock worth $1,101,000 after purchasing an additional 327 shares in the last quarter. Finally, Evernest Financial Advisors LLC grew its stake in Travelers Companies by 20.4% during the 4th quarter. Evernest Financial Advisors LLC now owns 3,161 shares of the insurance provider’s stock worth $761,000 after purchasing an additional 535 shares in the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TRV shares. UBS Group upped their price objective on Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Roth Mkm boosted their target price on Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a report on Monday, October 21st. BMO Capital Markets boosted their target price on Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price for the company in a report on Wednesday, January 8th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Travelers Companies presently has an average rating of “Hold” and an average target price of $260.47.

Insider Activity at Travelers Companies

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

Travelers Companies Price Performance

Shares of NYSE:TRV opened at $244.60 on Tuesday. The company has a market cap of $55.53 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.07 and a beta of 0.64. The company has a quick ratio of 0.34, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.55. The business has a fifty day simple moving average of $246.75 and a 200-day simple moving average of $238.72.

Travelers Companies (NYSE:TRV) last announced its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business’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. Equities research analysts forecast that The Travelers Companies, Inc. will post 20.6 EPS for the current year.

Travelers Companies Announces Dividend

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. This represents a $4.20 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s payout ratio is currently 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.