4,200 Shares in The Travelers Companies, Inc. (NYSE:TRV) Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. purchased a new position in The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,200 shares of the insurance provider’s stock, valued at approximately $1,012,000.

A number of other institutional investors also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC raised its stake in Travelers Companies by 2.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 3,602 shares of the insurance provider’s stock worth $868,000 after buying an additional 77 shares in the last quarter. Handelsbanken Fonder AB raised its stake in Travelers Companies by 15.1% in the fourth quarter. Handelsbanken Fonder AB now owns 55,074 shares of the insurance provider’s stock worth $13,267,000 after buying an additional 7,231 shares in the last quarter. Wealth Alliance grew its holdings in Travelers Companies by 1.2% in the fourth quarter. Wealth Alliance now owns 5,116 shares of the insurance provider’s stock worth $1,232,000 after purchasing an additional 60 shares during the period. Ieq Capital LLC grew its holdings in Travelers Companies by 56.7% in the fourth quarter. Ieq Capital LLC now owns 22,582 shares of the insurance provider’s stock worth $5,440,000 after purchasing an additional 8,171 shares during the period. Finally, Bryn Mawr Capital Management LLC grew its holdings in Travelers Companies by 15,056.4% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 238,258 shares of the insurance provider’s stock worth $57,394,000 after purchasing an additional 236,686 shares during the period. 82.45% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TRV has been the topic of a number of recent research reports. Piper Sandler upgraded shares of Travelers Companies from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $259.00 to $310.00 in a report on Friday, January 24th. StockNews.com cut shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. HSBC upgraded shares of Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a report on Tuesday, December 10th. Janney Montgomery Scott cut shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective on the stock. in a report on Thursday, November 21st. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a report on Thursday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $261.05.

Insider Transactions at Travelers Companies

In other news, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $264.80, for a total transaction of $990,352.00. Following the transaction, the insider now owns 250,384 shares in the company, valued at $66,301,683.20. This trade represents a 1.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.33% of the company’s stock.

Travelers Companies Trading Down 0.5 %

NYSE:TRV opened at $241.06 on Friday. 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 Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.55. The company has a market cap of $54.66 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 4.59 and a beta of 0.64. The company has a 50 day simple moving average of $242.17 and a two-hundred day simple moving average of $241.29.

Travelers Companies (NYSE:TRV) last posted its earnings results 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 during the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the previous year, the firm posted $7.01 EPS. The firm’s revenue was up 9.9% on a year-over-year basis. Research analysts forecast that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders 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 yield of 1.74%. The ex-dividend date of this dividend is Monday, March 10th. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

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.