Chicago Partners Investment Group LLC Purchases 266 Shares of The Travelers Companies, Inc. (NYSE:TRV)

Chicago Partners Investment Group LLC grew its position in The Travelers Companies, Inc. (NYSE:TRV) by 16.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,930 shares of the insurance provider’s stock after buying an additional 266 shares during the period. Chicago Partners Investment Group LLC’s holdings in Travelers Companies were worth $468,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in shares of Travelers Companies in the 4th quarter valued at about $928,000. Caprock Group LLC bought a new stake in shares of Travelers Companies in the 4th quarter valued at about $3,360,000. AA Financial Advisors LLC raised its position in shares of Travelers Companies by 7.7% in the 4th quarter. AA Financial Advisors LLC now owns 4,571 shares of the insurance provider’s stock valued at $1,101,000 after purchasing an additional 327 shares during the last quarter. Evernest Financial Advisors LLC raised its position in shares of Travelers Companies by 20.4% in the 4th quarter. Evernest Financial Advisors LLC now owns 3,161 shares of the insurance provider’s stock valued at $761,000 after purchasing an additional 535 shares during the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of Travelers Companies in the 4th quarter valued at approximately $247,000. 82.45% of the stock is currently owned by institutional investors.

Insider Activity at Travelers Companies

In other Travelers Companies news, EVP Maria Olivo sold 10,410 shares of Travelers Companies stock in a transaction on Monday, November 18th. The shares were sold at an average price of $261.80, for a total transaction of $2,725,338.00. Following the sale, the executive vice president now owns 111,162 shares of the company’s stock, valued at $29,102,211.60. The trade was a 8.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Vice Chairman William H. Heyman sold 3,740 shares of Travelers Companies stock in a transaction on Monday, November 25th. The stock was sold at an average price of $264.80, for a total transaction of $990,352.00. Following the sale, the insider now directly owns 250,384 shares in the company, valued at approximately $66,301,683.20. This trade represents a 1.47 % decrease in their position. The disclosure for this sale can be found here. 1.33% of the stock is owned by corporate insiders.

Travelers Companies Price Performance

Travelers Companies stock opened at $244.60 on Tuesday. The company’s fifty day moving average price is $246.75 and its 200 day moving average price is $238.72. The Travelers Companies, Inc. has a 1 year low of $200.21 and a 1 year high of $269.55. The stock has a market capitalization of $55.53 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.07 and a beta of 0.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.33.

Travelers Companies (NYSE:TRV) last released 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 firm had revenue of $12.01 billion for the quarter, compared to analysts’ expectations of $10.80 billion. During the same quarter last year, the company earned $7.01 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. As a group, equities research analysts anticipate that The Travelers Companies, Inc. will post 20.6 earnings per share for the current fiscal year.

Travelers Companies Dividend Announcement

The business also recently declared 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 is Monday, March 10th. This represents a $4.20 dividend on an annualized basis and a yield of 1.72%. Travelers Companies’s dividend payout ratio is currently 19.56%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. The Goldman Sachs Group raised shares of Travelers Companies from a “sell” rating to a “buy” rating and set a $278.00 price objective for the company in a research report on Wednesday, January 8th. Janney Montgomery Scott lowered shares of Travelers Companies from a “buy” rating to a “neutral” rating and set a $280.00 price objective for the company. in a research report on Thursday, November 21st. StockNews.com lowered shares of Travelers Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd. Piper Sandler raised shares of Travelers Companies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $259.00 to $310.00 in a research report on Friday, January 24th. Finally, UBS Group raised their price target on shares of Travelers Companies from $244.00 to $270.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $260.47.

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.