The Travelers Companies, Inc. (NYSE:TRV) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in The Travelers Companies, Inc. (NYSE:TRV) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,351 shares of the insurance provider’s stock after selling 5,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Travelers Companies were worth $17,429,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. YANKCOM Partnership acquired a new stake in Travelers Companies in the 4th quarter valued at $27,000. True Wealth Design LLC acquired a new stake in Travelers Companies in the 3rd quarter valued at $41,000. Asset Planning Inc acquired a new stake in Travelers Companies in the 4th quarter valued at $44,000. Catalyst Capital Advisors LLC acquired a new stake in Travelers Companies in the 3rd quarter valued at $50,000. Finally, Versant Capital Management Inc increased its holdings in Travelers Companies by 581.1% in the 4th quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock valued at $61,000 after purchasing an additional 215 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Travelers Companies news, Vice Chairman William H. Heyman sold 3,740 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $264.80, for a total value of $990,352.00. Following the completion of the sale, the insider now directly owns 250,384 shares in the company, valued at $66,301,683.20. This represents a 1.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.33% of the stock is currently owned by insiders.

Analysts Set New Price Targets

TRV has been the topic of a number of analyst reports. HSBC raised Travelers Companies from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Tuesday, December 10th. Hsbc Global Res raised Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Keefe, Bruyette & Woods raised Travelers Companies from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $275.00 to $286.00 in a research report on Wednesday. Wells Fargo & Company lifted their target price on Travelers Companies from $213.00 to $225.00 and gave the stock an “underweight” rating in a research report on Thursday, January 23rd. Finally, Janney Montgomery Scott lowered Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price on the stock. in a research report on Thursday, November 21st. 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $261.05.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $239.90 on Friday. 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 50 day simple moving average of $242.04 and a 200-day simple moving average of $241.74. The company has a market cap of $54.39 billion, a PE ratio of 11.17, a P/E/G ratio of 4.65 and a beta of 0.64. The Travelers Companies, Inc. has a 12-month low of $200.21 and a 12-month high of $269.55.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings data on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.50 by $2.65. The business had revenue of $12.01 billion during the quarter, compared to the consensus estimate of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. The business’s revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the firm posted $7.01 earnings per share. On average, equities research analysts forecast that The Travelers Companies, Inc. will post 17.02 EPS for the current year.

Travelers Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 10th will be given a $1.05 dividend. 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 1.75%. Travelers Companies’s dividend payout ratio (DPR) is 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.