The Travelers Companies, Inc. (NYSE:TRV) Position Increased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC increased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,692 shares of the insurance provider’s stock after purchasing an additional 120 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Travelers Companies were worth $408,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in TRV. Pallas Capital Advisors LLC bought a new stake in shares of Travelers Companies in the 3rd quarter worth approximately $366,000. Valmark Advisers Inc. bought a new stake in Travelers Companies during the 3rd quarter valued at $209,000. Fidelis Capital Partners LLC bought a new stake in Travelers Companies during the 3rd quarter valued at $259,000. Lodestar Private Asset Management LLC bought a new stake in Travelers Companies during the 3rd quarter valued at $206,000. Finally, S.A. Mason LLC bought a new stake in Travelers Companies during the 3rd quarter valued at $109,000. Institutional investors own 82.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TRV shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $268.00 target price (down previously from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $259.00 to $310.00 in a research note on Friday, January 24th. StockNews.com downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, Janney Montgomery Scott downgraded Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a research note on Thursday, November 21st. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $261.05.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $255.03 on Friday. 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 stock has a market capitalization of $57.82 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 4.65 and a beta of 0.64. The stock’s fifty day simple moving average is $242.85 and its 200 day simple moving average is $242.64. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $269.55.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $10.80 billion. During the same period in the previous year, the firm earned $7.01 earnings per share. Travelers Companies’s quarterly revenue was up 9.9% on a year-over-year basis. As a group, sell-side analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is 19.56%.

Travelers Companies Company 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.