ST Germain D J Co. Inc. Has $336,000 Stock Holdings in The Travelers Companies, Inc. (NYSE:TRV)

ST Germain D J Co. Inc. lifted its stake in shares of The Travelers Companies, Inc. (NYSE:TRV) by 20.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,393 shares of the insurance provider’s stock after buying an additional 232 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Travelers Companies were worth $336,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Y.D. More Investments Ltd bought a new position in Travelers Companies during the second quarter worth about $25,000. Wolff Wiese Magana LLC increased its position in Travelers Companies by 39.1% during the third quarter. Wolff Wiese Magana LLC now owns 160 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 45 shares during the period. True Wealth Design LLC bought a new position in Travelers Companies during the third quarter worth about $41,000. Catalyst Capital Advisors LLC bought a new position in Travelers Companies during the third quarter worth about $50,000. Finally, Versant Capital Management Inc increased its position in Travelers Companies by 581.1% during the fourth quarter. Versant Capital Management Inc now owns 252 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 215 shares during the period. Institutional investors and hedge funds own 82.45% of the company’s stock.

Analysts Set New Price Targets

TRV has been the topic of a number of recent research reports. Hsbc Global Res raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. UBS Group raised their target price on shares of Travelers Companies from $244.00 to $270.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. StockNews.com raised shares of Travelers Companies from a “hold” rating to a “buy” rating in a report on Thursday. Piper Sandler reduced their price target on shares of Travelers Companies from $280.00 to $259.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Finally, Roth Mkm raised their price target on shares of Travelers Companies from $240.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Travelers Companies currently has an average rating of “Hold” and an average price target of $254.85.

Travelers Companies Stock Down 4.2 %

Shares of NYSE TRV opened at $232.53 on Friday. The company has a market capitalization of $52.79 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 1.17 and a beta of 0.65. The Travelers Companies, Inc. has a 52-week low of $191.88 and a 52-week high of $269.55. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.34 and a current ratio of 0.34. The company’s 50 day moving average price is $250.73 and its 200-day moving average price is $234.59.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Thursday, October 17th. The insurance provider reported $5.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.79 by $1.45. The firm had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.46 billion. Travelers Companies had a net margin of 10.02% and a return on equity of 17.69%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.95 EPS. Equities analysts forecast that The Travelers Companies, Inc. will post 18.84 earnings per share for the current year.

Travelers Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were paid a $1.05 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $4.20 annualized dividend and a dividend yield of 1.81%. Travelers Companies’s dividend payout ratio is currently 21.54%.

Insider Activity

In other news, CEO Alan D. Schnitzer sold 40,524 shares of Travelers Companies stock in a transaction on Monday, October 21st. The shares were sold at an average price of $260.12, for a total value of $10,541,102.88. Following the completion of the sale, the chief executive officer now owns 221,924 shares in the company, valued at $57,726,870.88. The trade was a 15.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Vice Chairman William H. Heyman sold 2,014 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $260.00, for a total transaction of $523,640.00. Following the sale, the insider now owns 250,384 shares of the company’s stock, valued at $65,099,840. This trade represents a 0.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 78,149 shares of company stock worth $20,295,856 in the last quarter. 1.33% of the stock is owned by corporate insiders.

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.