The Travelers Companies, Inc. (NYSE:TRV) Shares Acquired by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. boosted its holdings in The Travelers Companies, Inc. (NYSE:TRV) by 4.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,633 shares of the insurance provider’s stock after purchasing an additional 8,340 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.09% of Travelers Companies worth $41,610,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Travelers Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 21,693,069 shares of the insurance provider’s stock worth $4,132,313,000 after acquiring an additional 148,012 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Travelers Companies by 36.8% during the first quarter. JPMorgan Chase & Co. now owns 11,743,236 shares of the insurance provider’s stock worth $2,702,588,000 after purchasing an additional 3,158,979 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Travelers Companies by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,044,839 shares of the insurance provider’s stock valued at $619,241,000 after purchasing an additional 165,708 shares during the last quarter. Boston Partners grew its stake in shares of Travelers Companies by 16.4% during the 1st quarter. Boston Partners now owns 1,388,019 shares of the insurance provider’s stock valued at $319,348,000 after buying an additional 196,011 shares during the period. Finally, Hsbc Holdings PLC increased its holdings in shares of Travelers Companies by 1.3% during the 2nd quarter. Hsbc Holdings PLC now owns 1,112,547 shares of the insurance provider’s stock worth $226,307,000 after buying an additional 14,764 shares during the last quarter. 82.45% of the stock is owned by institutional investors and hedge funds.

Travelers Companies Stock Up 0.4 %

Shares of NYSE:TRV opened at $238.53 on Monday. The Travelers Companies, Inc. has a 12-month low of $157.33 and a 12-month high of $243.48. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.32. The firm has a market cap of $54.62 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.26 and a beta of 0.62. The company has a fifty day simple moving average of $221.42 and a 200 day simple moving average of $217.53.

Travelers Companies (NYSE:TRV) last posted its quarterly earnings results on Friday, July 19th. The insurance provider reported $2.51 EPS for the quarter, missing analysts’ consensus estimates of $3.23 by ($0.72). Travelers Companies had a return on equity of 15.90% and a net margin of 8.37%. The firm had revenue of $11.28 billion during the quarter, compared to analyst estimates of $11.35 billion. During the same quarter last year, the business posted $0.06 earnings per share. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, equities research analysts anticipate that The Travelers Companies, Inc. will post 17.19 EPS for the current fiscal year.

Travelers Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Tuesday, September 10th. Travelers Companies’s dividend payout ratio is currently 31.20%.

Analyst Upgrades and Downgrades

TRV has been the topic of a number of research analyst reports. Bank of America lifted their target price on Travelers Companies from $202.00 to $223.00 and gave the company an “underperform” rating in a report on Monday, July 22nd. William Blair reiterated a “market perform” rating on shares of Travelers Companies in a report on Friday, June 28th. JPMorgan Chase & Co. raised their price target on shares of Travelers Companies from $220.00 to $242.00 and gave the company an “underweight” rating in a report on Thursday, July 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Travelers Companies from $221.00 to $234.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Finally, Citigroup raised their target price on shares of Travelers Companies from $200.00 to $203.00 and gave the company a “sell” rating in a research note on Tuesday, July 30th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $227.05.

Insider Buying and Selling

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $211.44, for a total transaction of $2,114,400.00. Following the completion of the sale, the executive vice president now owns 22,798 shares in the company, valued at $4,820,409.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.33% of the stock is currently owned by company 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.