O Shaughnessy Asset Management LLC Acquires 9,729 Shares of The Travelers Companies, Inc. (NYSE:TRV)

O Shaughnessy Asset Management LLC raised its holdings in shares of The Travelers Companies, Inc. (NYSE:TRV) by 9.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,965 shares of the insurance provider’s stock after buying an additional 9,729 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Travelers Companies were worth $26,730,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TRV. Vanguard Group Inc. boosted its position in shares of Travelers Companies by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 21,617,748 shares of the insurance provider’s stock worth $5,207,499,000 after purchasing an additional 117,108 shares during the period. State Street Corp increased its stake in Travelers Companies by 0.8% in the 3rd quarter. State Street Corp now owns 15,566,941 shares of the insurance provider’s stock worth $3,644,532,000 after buying an additional 120,228 shares in the last quarter. Geode Capital Management LLC raised its holdings in Travelers Companies by 2.3% during the third quarter. Geode Capital Management LLC now owns 5,076,220 shares of the insurance provider’s stock valued at $1,187,865,000 after acquiring an additional 114,714 shares during the period. Norges Bank purchased a new position in shares of Travelers Companies in the fourth quarter valued at about $560,918,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Travelers Companies by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,522,769 shares of the insurance provider’s stock worth $366,820,000 after acquiring an additional 26,117 shares during the period. 82.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRV. Hsbc Global Res cut Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. BMO Capital Markets upped their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. HSBC downgraded shares of Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a report on Monday, March 24th. Barclays raised their price objective on Travelers Companies from $278.00 to $287.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $268.00 target price (down from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Travelers Companies currently has a consensus rating of “Hold” and a consensus target price of $260.00.

Travelers Companies Stock Performance

Shares of NYSE:TRV opened at $261.86 on Monday. 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 $59.37 billion, a price-to-earnings ratio of 12.20, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56. The firm’s 50-day moving average is $250.56 and its 200 day moving average is $248.07.

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

Travelers Companies Announces Dividend

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