1,200 Shares in The Travelers Companies, Inc. (NYSE:TRV) Bought by Enhancing Capital LLC

Enhancing Capital LLC purchased a new stake in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,200 shares of the insurance provider’s stock, valued at approximately $289,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. YANKCOM Partnership purchased a new stake in Travelers Companies in the 4th quarter valued at $27,000. True Wealth Design LLC purchased a new stake in Travelers Companies in the 3rd quarter valued at $41,000. Asset Planning Inc purchased a new stake in Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co purchased a new stake in Travelers Companies in the 4th quarter valued at $48,000. Finally, IMG Wealth Management Inc. purchased a new stake in Travelers Companies in the 4th quarter valued at $55,000. 82.45% of the stock is owned by hedge funds and other institutional investors.

Travelers Companies Stock Performance

NYSE TRV opened at $260.17 on Wednesday. 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 stock has a market capitalization of $58.99 billion, a PE ratio of 12.12, a P/E/G ratio of 4.65 and a beta of 0.60. The company’s 50 day simple moving average is $247.11 and its two-hundred day simple moving average is $246.54.

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 net margin of 10.77% and a return on equity of 19.06%. The business had revenue of $12.01 billion for the quarter, compared to analysts’ expectations of $10.80 billion. During the same period in the prior year, the company posted $7.01 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. Analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is currently 19.56%.

Analyst Ratings Changes

A number of equities research analysts recently commented on TRV shares. Wells Fargo & Company increased their price target on Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and raised their target price for the company from $275.00 to $286.00 in a research report on Wednesday, February 19th. 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. StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Finally, HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research report on Tuesday, December 10th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Travelers Companies has an average rating of “Hold” and an average target price of $261.05.

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.