Smartleaf Asset Management LLC Has $518,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

Smartleaf Asset Management LLC raised its position in The Travelers Companies, Inc. (NYSE:TRV) by 25.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,159 shares of the insurance provider’s stock after buying an additional 442 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Travelers Companies were worth $518,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new position in Travelers Companies in the 4th quarter valued at $27,000. True Wealth Design LLC acquired a new position in Travelers Companies in the 3rd quarter valued at $41,000. Asset Planning Inc acquired a new position in Travelers Companies in the 4th quarter valued at $44,000. Providence First Trust Co acquired a new position in Travelers Companies in the 4th quarter valued at $48,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Travelers Companies during the 3rd quarter worth $50,000. 82.45% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Price Performance

Travelers Companies stock opened at $260.77 on Tuesday. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $59.12 billion, a PE ratio of 12.15, a P/E/G ratio of 4.65 and a beta of 0.64. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The stock has a 50-day moving average price of $243.60 and a two-hundred day moving average price of $243.72.

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

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.61%. Travelers Companies’s dividend payout ratio is presently 19.56%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. BMO Capital Markets increased their target price on Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Barclays increased their target price on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $259.00 to $310.00 in a report on Friday, January 24th. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $268.00 target price (down from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $261.05.

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.