PDS Planning Inc Has $439,000 Stake in The Travelers Companies, Inc. (NYSE:TRV)

PDS Planning Inc lifted its position in The Travelers Companies, Inc. (NYSE:TRV) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,821 shares of the insurance provider’s stock after buying an additional 71 shares during the quarter. PDS Planning Inc’s holdings in Travelers Companies were worth $439,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. YANKCOM Partnership bought a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $27,000. True Wealth Design LLC bought a new stake in shares of Travelers Companies in the 3rd quarter valued at approximately $41,000. Asset Planning Inc bought a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $44,000. Providence First Trust Co bought a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $48,000. Finally, IMG Wealth Management Inc. bought a new stake in shares of Travelers Companies in the 4th quarter valued at approximately $55,000. Institutional investors own 82.45% of the company’s stock.

Travelers Companies Stock Performance

Shares of NYSE TRV opened at $260.17 on Wednesday. The business has a fifty day simple moving average of $247.11 and a 200 day simple moving average of $246.54. 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 firm has a market capitalization of $58.99 billion, a price-to-earnings ratio of 12.12, a PEG ratio of 4.65 and a beta of 0.60. The Travelers Companies, Inc. has a one year low of $200.21 and a one year high of $269.56.

Travelers Companies (NYSE:TRV) last issued its earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 EPS for the quarter, beating analysts’ consensus estimates of $6.50 by $2.65. The business had revenue of $12.01 billion during the quarter, compared to analyst estimates of $10.80 billion. Travelers Companies had a return on equity of 19.06% and a net margin of 10.77%. Travelers Companies’s revenue was up 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $7.01 earnings per share. Sell-side analysts expect 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. Investors of record on Monday, March 10th will be paid 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 dividend yield of 1.61%. Travelers Companies’s payout ratio is 19.56%.

Wall Street Analysts Forecast Growth

TRV has been the subject of a number of recent analyst reports. 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 upped their target price for the stock from $275.00 to $286.00 in a research report on Wednesday, February 19th. StockNews.com cut Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Piper Sandler raised Travelers Companies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, Janney Montgomery Scott cut Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 target price for the company. in a research report on Thursday, November 21st. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Travelers Companies has an average rating of “Hold” and an average target price of $261.05.

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.