2,566 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,566 shares of the insurance provider’s stock, valued at approximately $618,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TRV. YANKCOM Partnership purchased a new stake in shares of Travelers Companies in the fourth quarter worth about $27,000. Generali Investments Management Co LLC purchased a new stake in Travelers Companies in the 4th quarter worth approximately $37,000. True Wealth Design LLC acquired a new stake in shares of Travelers Companies during the 3rd quarter worth approximately $41,000. Asset Planning Inc purchased a new position in shares of Travelers Companies during the 4th quarter valued at approximately $44,000. Finally, Providence First Trust Co acquired a new position in shares of Travelers Companies in the 4th quarter valued at $48,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Stock Performance

Travelers Companies stock opened at $259.70 on Tuesday. The firm has a 50 day simple moving average of $248.83 and a 200-day simple moving average of $247.37. The stock has a market cap of $58.88 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.56.

Travelers Companies (NYSE:TRV) last posted its 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. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter last year, the firm earned $7.01 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, analysts expect that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 1.62%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. StockNews.com cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. Wells Fargo & Company upped their price target on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a report on Thursday, January 23rd. Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $259.00 to $310.00 in a report on Friday, January 24th. Royal Bank of Canada reiterated a “sector perform” rating and set a $268.00 target price (down previously from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Finally, HSBC lowered shares of Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a report on Monday. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Travelers Companies currently has an average rating of “Hold” and an average target price 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.