The Travelers Companies, Inc. (NYSE:TRV) Stock Position Trimmed by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lowered its position in The Travelers Companies, Inc. (NYSE:TRV) by 7.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 223,414 shares of the insurance provider’s stock after selling 16,910 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.10% of Travelers Companies worth $53,818,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. YANKCOM Partnership acquired a new position in Travelers Companies during the 4th quarter worth $27,000. Generali Investments Management Co LLC acquired a new stake in Travelers Companies in the fourth quarter worth about $37,000. True Wealth Design LLC bought a new position in Travelers Companies in the 3rd quarter valued at about $41,000. Asset Planning Inc acquired a new position in shares of Travelers Companies during the fourth quarter valued at approximately $44,000. Finally, Providence First Trust Co bought a new stake in Travelers Companies during the fourth quarter worth approximately $48,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Trading Down 0.3 %

NYSE:TRV opened at $261.86 on Friday. The company’s 50 day moving average is $250.56 and its 200-day moving average is $247.96. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56. The firm has a market cap of $59.37 billion, a price-to-earnings ratio of 12.20, a P/E/G ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last announced its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 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 firm had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter last year, the firm posted $7.01 EPS. The business’s quarterly revenue was up 9.9% on a year-over-year basis. Equities analysts anticipate that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.60%. Travelers Companies’s payout ratio is 19.56%.

Analyst Upgrades and Downgrades

TRV has been the topic of a number of research reports. Barclays boosted their price objective on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. StockNews.com downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. Hsbc Global Res cut shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 24th. Wells Fargo & Company boosted their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a report on Thursday, January 23rd. Finally, The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target on the stock in a report on Wednesday, January 8th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Travelers Companies presently has a consensus rating of “Hold” and an average price target of $260.00.

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.