AlphaQuest LLC Sells 1,100 Shares of The Travelers Companies, Inc. (NYSE:TRV)

AlphaQuest LLC decreased its stake in The Travelers Companies, Inc. (NYSE:TRV) by 63.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 637 shares of the insurance provider’s stock after selling 1,100 shares during the period. AlphaQuest LLC’s holdings in Travelers Companies were worth $153,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TRV. YANKCOM Partnership bought a new position in shares of Travelers Companies in the 4th quarter worth $27,000. True Wealth Design LLC bought a new position in shares of Travelers Companies in the 3rd quarter worth $41,000. Asset Planning Inc bought a new position in shares of Travelers Companies in the 4th quarter worth $44,000. Providence First Trust Co bought a new position in shares of Travelers Companies in the 4th quarter worth $48,000. Finally, Versant Capital Management Inc increased its holdings in shares of Travelers Companies by 581.1% in the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after buying an additional 215 shares during the last quarter. Institutional investors own 82.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wells Fargo & Company increased their target price on shares of Travelers Companies from $213.00 to $225.00 and gave the company an “underweight” rating in a report on Thursday, January 23rd. BMO Capital Markets increased their target price on shares of Travelers Companies from $275.00 to $297.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Janney Montgomery Scott lowered shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a report on Thursday, November 21st. StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. Finally, Hsbc Global Res raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Travelers Companies presently has a consensus rating of “Hold” and a consensus target price of $261.05.

Travelers Companies Trading Up 1.7 %

NYSE:TRV opened at $265.28 on Tuesday. The company has a 50-day moving average price of $246.73 and a 200-day moving average price of $246.31. The Travelers Companies, Inc. has a 12 month low of $200.21 and a 12 month high of $269.56. 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 stock has a market cap of $60.15 billion, a price-to-earnings ratio of 12.36, a P/E/G ratio of 4.65 and a beta of 0.60.

Travelers Companies (NYSE:TRV) last issued its quarterly 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 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 period last year, the company posted $7.01 EPS. Travelers Companies’s revenue was up 9.9% on a year-over-year basis. Equities analysts predict that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

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 dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.58%. Travelers Companies’s dividend payout ratio (DPR) is currently 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.