The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by St. James Investment Company LLC

St. James Investment Company LLC cut its position in The Travelers Companies, Inc. (NYSE:TRV) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,197 shares of the insurance provider’s stock after selling 3,096 shares during the period. Travelers Companies accounts for about 3.8% of St. James Investment Company LLC’s investment portfolio, making the stock its 9th biggest position. St. James Investment Company LLC’s holdings in Travelers Companies were worth $22,209,000 at the end of the most recent reporting period.

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

Travelers Companies Stock Down 0.3 %

Shares of Travelers Companies stock opened at $261.86 on Monday. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.56. 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 company has a market capitalization of $59.37 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 4.65 and a beta of 0.60. The business has a 50-day moving average of $250.56 and a two-hundred day moving average of $248.07.

Travelers Companies (NYSE:TRV) last released its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating the consensus estimate of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter in the prior year, the company earned $7.01 earnings per share. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. As a group, equities analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 1.60%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio is 19.56%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Hsbc Global Res lowered shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 24th. HSBC lowered Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a research report on Monday, March 24th. Piper Sandler upgraded Travelers Companies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $259.00 to $310.00 in a research report on Friday, January 24th. The Goldman Sachs Group upgraded Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a report on Wednesday, January 8th. Finally, Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average 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.