Edmond DE Rothschild Holding S.A. lowered its position in Travelers Companies Inc (NYSE:TRV) by 5.9% in the 4th quarter, Holdings Channel reports. The fund owned 8,592 shares of the insurance provider’s stock after selling 535 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Travelers Companies were worth $1,028,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its stake in Travelers Companies by 11,730.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,525,799 shares of the insurance provider’s stock worth $29,000 after purchasing an additional 3,495,996 shares during the period. Eidelman Virant Capital bought a new position in Travelers Companies in the 4th quarter worth about $3,855,000. Federated Investors Inc. PA boosted its stake in Travelers Companies by 81.5% in the 3rd quarter. Federated Investors Inc. PA now owns 1,118,357 shares of the insurance provider’s stock worth $145,062,000 after purchasing an additional 502,287 shares during the period. California Public Employees Retirement System boosted its stake in Travelers Companies by 41.6% in the 4th quarter. California Public Employees Retirement System now owns 1,461,036 shares of the insurance provider’s stock worth $174,959,000 after purchasing an additional 429,086 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Travelers Companies by 36.8% in the 4th quarter. Victory Capital Management Inc. now owns 1,577,766 shares of the insurance provider’s stock worth $188,937,000 after purchasing an additional 424,608 shares during the period. 79.91% of the stock is owned by institutional investors.

Several research analysts have commented on the company. Credit Suisse Group restated a “neutral” rating on shares of Travelers Companies in a research note on Wednesday, January 23rd. Wells Fargo & Co set a $130.00 target price on Travelers Companies and gave the stock a “hold” rating in a research note on Wednesday, January 23rd. Zacks Investment Research downgraded Travelers Companies from a “hold” rating to a “sell” rating in a research note on Monday, January 21st. Compass Point assumed coverage on Travelers Companies in a research note on Tuesday, January 15th. They issued a “buy” rating and a $155.00 target price for the company. Finally, Barclays upgraded Travelers Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $135.00 to $145.00 in a research note on Wednesday, January 9th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $138.33.

In related news, Vice Chairman William H. Heyman sold 8,323 shares of the business’s stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $125.54, for a total value of $1,044,869.42. Following the completion of the sale, the insider now owns 239,744 shares in the company, valued at approximately $30,097,461.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Alan D. Schnitzer sold 66,228 shares of the business’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $132.22, for a total value of $8,756,666.16. Following the completion of the sale, the chief executive officer now owns 134,252 shares of the company’s stock, valued at approximately $17,750,799.44. The disclosure for this sale can be found here. In the last quarter, insiders have sold 118,894 shares of company stock valued at $15,566,097. Corporate insiders own 0.80% of the company’s stock.

Shares of TRV opened at $134.18 on Friday. The stock has a market cap of $35.34 billion, a PE ratio of 15.01, a price-to-earnings-growth ratio of 0.94 and a beta of 1.07. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.29. Travelers Companies Inc has a 12-month low of $111.08 and a 12-month high of $142.64.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Tuesday, January 22nd. The insurance provider reported $2.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.98 by $0.15. The firm had revenue of $6.95 billion during the quarter, compared to the consensus estimate of $6.92 billion. Travelers Companies had a return on equity of 10.69% and a net margin of 8.32%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the company posted $2.28 EPS. On average, equities analysts forecast that Travelers Companies Inc will post 11.18 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Monday, March 11th will be given a dividend of $0.77 per share. The ex-dividend date is Friday, March 8th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.30%. Travelers Companies’s dividend payout ratio (DPR) is presently 34.45%.

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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.

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Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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