Guardian Wealth Advisors LLC NC Grows Position in The Travelers Companies, Inc. (NYSE:TRV)

Guardian Wealth Advisors LLC NC grew its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 5.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,864 shares of the insurance provider’s stock after buying an additional 139 shares during the quarter. Guardian Wealth Advisors LLC NC’s holdings in Travelers Companies were worth $690,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TRV. Focus Partners Wealth increased its stake in Travelers Companies by 16.7% during the fourth quarter. Focus Partners Wealth now owns 16,314 shares of the insurance provider’s stock worth $3,964,000 after acquiring an additional 2,329 shares during the last quarter. Ellevest Inc. increased its position in Travelers Companies by 8.1% during the 4th quarter. Ellevest Inc. now owns 1,054 shares of the insurance provider’s stock worth $254,000 after purchasing an additional 79 shares in the last quarter. Ethic Inc. raised its holdings in Travelers Companies by 38.6% in the fourth quarter. Ethic Inc. now owns 45,951 shares of the insurance provider’s stock valued at $11,069,000 after buying an additional 12,801 shares during the period. Fiduciary Trust Co lifted its position in Travelers Companies by 32.4% during the fourth quarter. Fiduciary Trust Co now owns 5,735 shares of the insurance provider’s stock valued at $1,382,000 after buying an additional 1,404 shares in the last quarter. Finally, Citizens Business Bank grew its stake in Travelers Companies by 95.9% during the fourth quarter. Citizens Business Bank now owns 44,356 shares of the insurance provider’s stock worth $10,685,000 after buying an additional 21,711 shares during the period. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Travelers Companies Trading Down 0.4 %

Travelers Companies stock opened at $269.65 on Friday. The firm has a 50-day moving average price of $257.51 and a two-hundred day moving average price of $251.53. The Travelers Companies, Inc. has a 52-week low of $200.21 and a 52-week high of $273.08. The firm has a market capitalization of $61.09 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 4.65 and a beta of 0.53. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 0.29.

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

Travelers Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, June 10th. This is a positive change from Travelers Companies’s previous quarterly dividend of $1.05. Travelers Companies’s dividend payout ratio (DPR) is currently 23.95%.

Analyst Ratings Changes

Several research firms recently weighed in on TRV. Hsbc Global Res lowered shares of Travelers Companies from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th. Wells Fargo & Company boosted their price objective on Travelers Companies from $247.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 17th. Jefferies Financial Group increased their target price on Travelers Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Friday, April 11th. HSBC cut Travelers Companies from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a report on Monday, March 24th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $268.00 price objective (down previously from $273.00) on shares of Travelers Companies in a research note on Thursday, January 23rd. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $267.32.

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.