Grandview Asset Management LLC acquired a new stake in Travelers Companies Inc (NYSE:TRV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,917 shares of the insurance provider’s stock, valued at approximately $230,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TRV. Transamerica Financial Advisors Inc. increased its position in Travelers Companies by 401.5% in the 4th quarter. Transamerica Financial Advisors Inc. now owns 331 shares of the insurance provider’s stock valued at $40,000 after acquiring an additional 265 shares in the last quarter. First Command Bank increased its position in Travelers Companies by 108.5% in the 4th quarter. First Command Bank now owns 467 shares of the insurance provider’s stock valued at $56,000 after acquiring an additional 243 shares in the last quarter. First Command Financial Services Inc. increased its position in Travelers Companies by 108.5% in the 4th quarter. First Command Financial Services Inc. now owns 467 shares of the insurance provider’s stock valued at $56,000 after acquiring an additional 243 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new stake in Travelers Companies in the 4th quarter valued at about $65,000. Finally, Ipswich Investment Management Co. Inc. acquired a new stake in Travelers Companies in the 4th quarter valued at about $66,000. Hedge funds and other institutional investors own 80.87% of the company’s stock.

In related news, EVP Andy F. Bessette sold 1,666 shares of Travelers Companies stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of $126.17, for a total transaction of $210,199.22. Following the transaction, the executive vice president now owns 8,457 shares of the company’s stock, valued at approximately $1,067,019.69. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Vice Chairman William H. Heyman sold 8,323 shares of Travelers Companies stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $125.54, for a total transaction of $1,044,869.42. Following the transaction, the insider now directly owns 239,744 shares in the company, valued at approximately $30,097,461.76. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

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

Shares of NYSE:TRV opened at $124.93 on Monday. Travelers Companies Inc has a one year low of $111.08 and a one year high of $143.41. The company has a quick ratio of 0.39, a current ratio of 0.38 and a debt-to-equity ratio of 0.29. The company has a market cap of $33.32 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 0.89 and a beta of 1.05.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Tuesday, January 22nd. The insurance provider reported $2.13 EPS for the quarter, topping the consensus estimate of $1.98 by $0.15. Travelers Companies had a net margin of 8.32% and a return on equity of 10.69%. The company had revenue of $6.95 billion during the quarter, compared to analysts’ expectations of $6.92 billion. During the same quarter in the previous year, the company earned $2.28 EPS. Travelers Companies’s revenue was up 4.8% on a year-over-year basis. As a group, equities research analysts forecast that Travelers Companies Inc will post 11.16 earnings per share for the current fiscal 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. This represents a $3.08 annualized dividend and a dividend yield of 2.47%. The ex-dividend date of this dividend is Friday, March 8th. Travelers Companies’s dividend payout ratio is 34.45%.

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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.

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

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