The Travelers Companies, Inc. (NYSE:TRV) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 15.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 422,435 shares of the insurance provider’s stock after purchasing an additional 56,075 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Travelers Companies were worth $101,760,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Ledyard National Bank raised its position in Travelers Companies by 1.9% during the third quarter. Ledyard National Bank now owns 2,067 shares of the insurance provider’s stock worth $484,000 after acquiring an additional 39 shares during the period. Trueblood Wealth Management LLC raised its position in Travelers Companies by 2.3% during the third quarter. Trueblood Wealth Management LLC now owns 1,807 shares of the insurance provider’s stock worth $423,000 after acquiring an additional 41 shares during the period. Cornell Pochily Investment Advisors Inc. raised its position in Travelers Companies by 2.9% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 1,499 shares of the insurance provider’s stock worth $351,000 after acquiring an additional 42 shares during the period. Salem Investment Counselors Inc. raised its position in Travelers Companies by 5.1% during the fourth quarter. Salem Investment Counselors Inc. now owns 905 shares of the insurance provider’s stock worth $218,000 after acquiring an additional 44 shares during the period. Finally, Willner & Heller LLC raised its position in shares of Travelers Companies by 4.1% in the third quarter. Willner & Heller LLC now owns 1,146 shares of the insurance provider’s stock valued at $268,000 after buying an additional 45 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. UBS Group increased their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. StockNews.com cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods increased their target price on shares of Travelers Companies from $268.00 to $275.00 and gave the company a “market perform” rating in a research report on Monday. Barclays increased their target price on shares of Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Finally, HSBC upgraded shares of 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 investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target of $260.47.

Insider Activity

In other news, Vice Chairman William H. Heyman sold 3,740 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the transaction, the insider now owns 250,384 shares of the company’s stock, valued at approximately $66,301,683.20. This trade represents a 1.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the completion of the transaction, the executive vice president now directly owns 111,162 shares of the company’s stock, valued at approximately $29,102,211.60. The trade was a 8.56 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.

Travelers Companies Trading Down 0.9 %

Shares of TRV stock opened at $248.65 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.34. The firm has a market cap of $56.45 billion, a PE ratio of 11.58, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The company has a 50-day moving average of $247.48 and a two-hundred day moving average of $238.07. The Travelers Companies, Inc. has a 1-year low of $200.21 and a 1-year high of $269.55.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share 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 company had revenue of $12.01 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same quarter last year, the firm posted $7.01 earnings per share. Travelers Companies’s revenue was up 9.9% compared to the same quarter last year. On average, analysts predict that The Travelers Companies, Inc. will post 20.33 EPS for the current year.

Travelers Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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 1.69%. The ex-dividend date is Monday, March 10th. Travelers Companies’s payout ratio is 19.56%.

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.