The Travelers Companies, Inc. (NYSE:TRV) Receives Average Rating of “Hold” from Analysts

The Travelers Companies, Inc. (NYSE:TRV) has been assigned a consensus recommendation of “Hold” from the twenty-three brokerages that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $260.00.

TRV has been the topic of several recent research reports. Barclays upped their price target on Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. HSBC lowered shares of Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 target price on the stock. in a research note on Monday, March 24th. The Goldman Sachs Group upgraded shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price target for the company in a research note on Wednesday, January 8th. Keefe, Bruyette & Woods upgraded shares of Travelers Companies from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $275.00 to $286.00 in a report on Wednesday, February 19th. Finally, StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TRV. Ameriflex Group Inc. acquired a new position in Travelers Companies in the 4th quarter valued at about $26,000. Putney Financial Group LLC purchased a new position in shares of Travelers Companies in the 4th quarter valued at approximately $26,000. YANKCOM Partnership acquired a new position in shares of Travelers Companies in the fourth quarter valued at approximately $27,000. Kapitalo Investimentos Ltda acquired a new position in shares of Travelers Companies in the fourth quarter valued at approximately $30,000. Finally, Wood Tarver Financial Group LLC purchased a new stake in shares of Travelers Companies during the fourth quarter worth approximately $33,000. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Trading Down 0.3 %

NYSE TRV opened at $261.86 on Friday. 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 firm has a market cap of $59.37 billion, a price-to-earnings ratio of 12.20, a PEG ratio of 4.65 and a beta of 0.60. The firm has a 50 day simple moving average of $250.56 and a 200-day simple moving average of $247.89. Travelers Companies has a one year low of $200.21 and a one year high of $269.56.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating the consensus estimate of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company had revenue of $12.01 billion during the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter last year, the company posted $7.01 EPS. The firm’s revenue was up 9.9% compared to the same quarter last year. Equities research analysts anticipate that Travelers Companies will post 17.02 EPS for the current fiscal year.

Travelers Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.60%. Travelers Companies’s dividend payout ratio (DPR) is 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.