596 Shares in The Travelers Companies, Inc. (NYSE:TRV) Acquired by Spurstone Advisory Services LLC

Spurstone Advisory Services LLC purchased a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 596 shares of the insurance provider’s stock, valued at approximately $144,000. Travelers Companies comprises about 2.7% of Spurstone Advisory Services LLC’s holdings, making the stock its 11th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. YANKCOM Partnership purchased a new position in shares of Travelers Companies during the 4th quarter valued at about $27,000. Kapitalo Investimentos Ltda purchased a new position in Travelers Companies during the fourth quarter valued at approximately $30,000. Generali Investments Management Co LLC acquired a new position in Travelers Companies in the fourth quarter valued at approximately $37,000. Asset Planning Inc acquired a new position in Travelers Companies in the fourth quarter valued at approximately $44,000. Finally, Quarry LP boosted its position in Travelers Companies by 400.0% in the 4th quarter. Quarry LP now owns 190 shares of the insurance provider’s stock worth $46,000 after purchasing an additional 152 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Price Performance

Travelers Companies stock opened at $273.57 on Monday. 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 company has a 50-day moving average price of $258.66 and a 200 day moving average price of $252.15. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $273.89. The stock has a market cap of $61.98 billion, a P/E ratio of 12.74, a PEG ratio of 4.65 and a beta of 0.53.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, April 16th. The insurance provider reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $1.38. The firm had revenue of $10.52 billion for the quarter, compared to analyst estimates of $10.97 billion. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. During the same period in the previous year, the firm earned $4.69 EPS. Sell-side analysts anticipate that The Travelers Companies, Inc. will post 17.02 earnings per share for the current year.

Travelers Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be given a $1.10 dividend. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.05. The ex-dividend date is Tuesday, June 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.61%. Travelers Companies’s payout ratio is presently 23.95%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TRV. Evercore ISI boosted their target price on shares of Travelers Companies from $288.00 to $296.00 and gave the company an “outperform” rating in a research note on Thursday, April 17th. JPMorgan Chase & Co. upped their price objective on shares of Travelers Companies from $260.00 to $271.00 and gave the stock an “underweight” rating in a research report on Tuesday, April 8th. Royal Bank of Canada restated a “sector perform” rating and set a $268.00 target price (down from $273.00) on shares of Travelers Companies in a research report on Thursday, January 23rd. Barclays reduced their price target on Travelers Companies from $287.00 to $280.00 and set an “overweight” rating for the company in a report on Friday, April 11th. Finally, Wells Fargo & Company raised their price objective on Travelers Companies from $247.00 to $260.00 and gave the company an “equal weight” rating in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $267.32.

Travelers Companies Company 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.