Thompson Siegel & Walmsley LLC Sells 3,549 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Thompson Siegel & Walmsley LLC cut its position in The Travelers Companies, Inc. (NYSE:TRV) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,420 shares of the insurance provider’s stock after selling 3,549 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Travelers Companies were worth $4,437,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TRV. YANKCOM Partnership bought a new position in Travelers Companies in the fourth quarter worth about $27,000. True Wealth Design LLC bought a new position in Travelers Companies in the third quarter worth about $41,000. Asset Planning Inc bought a new position in Travelers Companies in the fourth quarter worth about $44,000. Providence First Trust Co bought a new position in Travelers Companies in the fourth quarter worth about $48,000. Finally, Versant Capital Management Inc raised its holdings in Travelers Companies by 581.1% in the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 215 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TRV has been the subject of several research analyst reports. StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. HSBC raised shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Tuesday, December 10th. BMO Capital Markets increased their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Barclays raised their price target on shares of Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. Finally, Wells Fargo & Company raised their price target on shares of Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $261.05.

Travelers Companies Price Performance

Shares of NYSE TRV opened at $256.05 on Friday. The stock has a market capitalization of $58.05 billion, a price-to-earnings ratio of 11.93, 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 simple moving average is $245.88 and its 200-day simple moving average is $245.46. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.33 and a quick ratio of 0.33.

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

Travelers Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.64%. 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.