The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its position in shares of The Travelers Companies, Inc. (NYSE:TRV) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,351 shares of the insurance provider’s stock after selling 5,700 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Travelers Companies were worth $17,429,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. YANKCOM Partnership acquired a new stake in shares of Travelers Companies in the fourth quarter valued at approximately $27,000. True Wealth Design LLC acquired a new stake in shares of Travelers Companies in the third quarter valued at approximately $41,000. Asset Planning Inc acquired a new stake in shares of Travelers Companies in the fourth quarter valued at approximately $44,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Travelers Companies in the third quarter valued at approximately $50,000. Finally, Versant Capital Management Inc increased its holdings in shares of Travelers Companies by 581.1% in the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 82.45% of the company’s stock.

Travelers Companies Price Performance

TRV stock opened at $239.90 on Friday. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.33 and a current ratio of 0.33. The stock’s 50 day moving average price is $242.04 and its 200 day moving average price is $241.74. The firm has a market cap of $54.39 billion, a P/E ratio of 11.17, a PEG ratio of 4.65 and a beta of 0.64.

Travelers Companies (NYSE:TRV) last posted its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (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 analyst estimates of $10.80 billion. During the same quarter in the prior year, the company earned $7.01 EPS. Travelers Companies’s revenue was up 9.9% on a year-over-year basis. On average, sell-side analysts expect that The Travelers Companies, Inc. will post 17.02 earnings per share for the current fiscal year.

Travelers Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.75%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

Wall Street Analyst Weigh In

Several research firms have issued reports on TRV. Janney Montgomery Scott cut Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price for the company. in a research note on Thursday, November 21st. The Goldman Sachs Group raised Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 target price for the company in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $275.00 to $286.00 in a research note on Wednesday. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Finally, StockNews.com lowered Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $261.05.

Insider Buying and Selling at Travelers Companies

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

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.