American National Bank decreased its stake in Travelers Companies Inc (NYSE:TRV) by 47.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 491 shares of the insurance provider’s stock after selling 440 shares during the period. American National Bank’s holdings in Travelers Companies were worth $59,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Highwater Wealth Management LLC bought a new stake in Travelers Companies during the fourth quarter valued at $76,000. Moody Aldrich Partners LLC purchased a new position in shares of Travelers Companies during the second quarter valued at about $74,138,000. ELM Advisors LLC bought a new position in shares of Travelers Companies in the 3rd quarter valued at about $130,000. Arlington Partners LLC purchased a new position in shares of Travelers Companies during the third quarter worth approximately $159,000. Finally, First Interstate Bank increased its holdings in Travelers Companies by 44.6% during the third quarter. First Interstate Bank now owns 1,381 shares of the insurance provider’s stock valued at $179,000 after buying an additional 426 shares during the period. 79.46% of the stock is owned by institutional investors and hedge funds.

In other Travelers Companies news, EVP Andy F. Bessette sold 1,666 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $126.17, for a total transaction of $210,199.22. Following the transaction, the executive vice president now owns 8,457 shares in the company, valued at $1,067,019.69. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.80% of the company’s stock.

TRV has been the subject of several research reports. Barclays raised shares of Travelers Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $135.00 to $145.00 in a research note on Wednesday. Morgan Stanley lowered their price target on shares of Travelers Companies from $126.00 to $119.00 and set an “underweight” rating for the company in a report on Thursday, January 3rd. Zacks Investment Research reissued a “sell” rating on shares of Travelers Companies in a research report on Monday, December 31st. Credit Suisse Group restated a “hold” rating and set a $141.00 price target on shares of Travelers Companies in a research report on Thursday, December 20th. Finally, Royal Bank of Canada lowered shares of Travelers Companies from an “outperform” rating to a “sector perform” rating and set a $133.00 price objective for the company. in a research note on Tuesday, December 11th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Travelers Companies presently has an average rating of “Hold” and an average price target of $135.08.

Shares of NYSE:TRV opened at $120.47 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $31.44 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 0.82 and a beta of 1.14. Travelers Companies Inc has a 52 week low of $111.08 and a 52 week high of $150.55.

Travelers Companies (NYSE:TRV) last released its earnings results on Thursday, October 18th. The insurance provider reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.28. The firm had revenue of $6.88 billion during the quarter, compared to the consensus estimate of $6.83 billion. Travelers Companies had a net margin of 8.18% and a return on equity of 10.86%. Travelers Companies’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 earnings per share. On average, research analysts forecast that Travelers Companies Inc will post 9.3 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 31st. Stockholders of record on Monday, December 10th were given a $0.77 dividend. The ex-dividend date of this dividend was Friday, December 7th. This represents a $3.08 annualized dividend and a dividend yield of 2.56%. Travelers Companies’s dividend payout ratio is 42.31%.

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Travelers Companies 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.

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Institutional Ownership by Quarter for Travelers Companies (NYSE:TRV)

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