Tilia Fiduciary Partners Inc. Takes $202,000 Position in The Travelers Companies, Inc. (NYSE:TRV)

Tilia Fiduciary Partners Inc. purchased a new position in The Travelers Companies, Inc. (NYSE:TRV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 861 shares of the insurance provider’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TRV. Vanguard Group Inc. lifted its position in shares of Travelers Companies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 21,693,069 shares of the insurance provider’s stock worth $4,132,313,000 after buying an additional 148,012 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Travelers Companies by 36.8% in the 1st quarter. JPMorgan Chase & Co. now owns 11,743,236 shares of the insurance provider’s stock valued at $2,702,588,000 after purchasing an additional 3,158,979 shares in the last quarter. Dimensional Fund Advisors LP grew 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 worth $619,241,000 after purchasing an additional 165,708 shares during the last quarter. Legal & General Group Plc increased its position in shares of Travelers Companies by 1.6% during the 2nd quarter. Legal & General Group Plc now owns 2,334,882 shares of the insurance provider’s stock worth $474,774,000 after purchasing an additional 37,029 shares in the last quarter. Finally, Boston Partners grew its stake in Travelers Companies by 16.4% during the first quarter. Boston Partners now owns 1,388,019 shares of the insurance provider’s stock worth $319,348,000 after buying an additional 196,011 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

TRV traded down $0.22 during trading hours on Wednesday, reaching $230.12. The company’s stock had a trading volume of 95,076 shares, compared to its average volume of 1,312,173. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.33 and a current ratio of 0.33. The company’s 50-day moving average is $226.64 and its 200-day moving average is $218.60. The Travelers Companies, Inc. has a 52 week low of $157.33 and a 52 week high of $243.48. The firm has a market cap of $52.45 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 1.24 and a beta of 0.62.

Travelers Companies (NYSE:TRV) last announced its earnings results on Friday, July 19th. The insurance provider reported $2.51 EPS for the quarter, missing the consensus estimate of $3.23 by ($0.72). The company had revenue of $11.28 billion for the quarter, compared to the consensus estimate of $11.35 billion. Travelers Companies had a return on equity of 15.90% and a net margin of 8.37%. The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.06 EPS. On average, equities analysts forecast that The Travelers Companies, Inc. will post 17.16 EPS for the current year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th were paid a dividend of $1.05 per share. The ex-dividend date was Tuesday, September 10th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.83%. Travelers Companies’s dividend payout ratio (DPR) is currently 31.20%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Citigroup increased their target price on Travelers Companies from $200.00 to $203.00 and gave the stock a “sell” rating in a report on Tuesday, July 30th. Barclays began coverage on Travelers Companies in a report on Wednesday, September 4th. They set an “overweight” rating and a $286.00 price objective on the stock. StockNews.com downgraded Travelers Companies from a “buy” rating to a “hold” rating in a research report on Saturday, September 28th. Deutsche Bank Aktiengesellschaft raised their price target on Travelers Companies from $221.00 to $234.00 and gave the company a “hold” rating in a report on Wednesday, August 7th. Finally, Piper Sandler reduced their target price on shares of Travelers Companies from $213.00 to $207.00 and set a “neutral” rating on the stock in a research note on Monday, July 22nd. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Travelers Companies has a consensus rating of “Hold” and an average price target of $227.05.

Insider Buying and Selling

In other Travelers Companies news, EVP Michael Frederick Klein sold 10,000 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $211.44, for a total transaction of $2,114,400.00. Following the transaction, the executive vice president now owns 22,798 shares in the company, valued at $4,820,409.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.