EP Wealth Advisors LLC Buys 1,397 Shares of The Travelers Companies, Inc. (NYSE:TRV)

EP Wealth Advisors LLC raised its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 22.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,526 shares of the insurance provider’s stock after acquiring an additional 1,397 shares during the period. EP Wealth Advisors LLC’s holdings in Travelers Companies were worth $1,813,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. YANKCOM Partnership bought a new stake in Travelers Companies in the 4th quarter valued at about $27,000. Kapitalo Investimentos Ltda bought a new stake in shares of Travelers Companies in the fourth quarter valued at approximately $30,000. Generali Investments Management Co LLC acquired a new stake in Travelers Companies during the fourth quarter worth approximately $37,000. Asset Planning Inc bought a new position in Travelers Companies during the 4th quarter worth $44,000. Finally, Quarry LP raised its holdings in Travelers Companies by 400.0% in the 4th quarter. Quarry LP now owns 190 shares of the insurance provider’s stock valued at $46,000 after acquiring an additional 152 shares in the last quarter. Institutional investors own 82.45% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group decreased their price target on Travelers Companies from $270.00 to $267.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 9th. StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Monday, May 5th. Hsbc Global Res downgraded shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Royal Bank of Canada reissued a “sector perform” rating and issued a $268.00 price objective (down from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods upped their target price on Travelers Companies from $274.00 to $290.00 and gave the stock an “outperform” rating in a research note on Thursday, April 17th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $267.32.

Travelers Companies Stock Down 0.4 %

Shares of NYSE:TRV opened at $269.65 on Friday. The firm has a market cap of $61.09 billion, a P/E ratio of 12.56, a P/E/G ratio of 4.65 and a beta of 0.53. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $273.08. The business has a fifty day simple moving average of $257.51 and a 200 day simple moving average of $251.57. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $1.38. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The company had revenue of $10.52 billion during the quarter, compared to the consensus estimate of $10.97 billion. During the same period last year, the company earned $4.69 earnings per share. Analysts predict that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be paid a $1.10 dividend. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Tuesday, June 10th. Travelers Companies’s dividend payout ratio is currently 23.95%.

About Travelers Companies

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.