GHP Investment Advisors Inc. Purchases 344 Shares of The Travelers Companies, Inc. (NYSE:TRV)

GHP Investment Advisors Inc. lifted its stake in The Travelers Companies, Inc. (NYSE:TRV) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,738 shares of the insurance provider’s stock after purchasing an additional 344 shares during the period. GHP Investment Advisors Inc.’s holdings in Travelers Companies were worth $12,222,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Financial Advocates Investment Management grew its holdings in shares of Travelers Companies by 5.9% in the fourth quarter. Financial Advocates Investment Management now owns 1,033 shares of the insurance provider’s stock worth $249,000 after purchasing an additional 58 shares during the last quarter. YANKCOM Partnership bought a new position in shares of Travelers Companies in the fourth quarter worth about $27,000. Robertson Stephens Wealth Management LLC grew its holdings in shares of Travelers Companies by 7.9% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 1,727 shares of the insurance provider’s stock worth $416,000 after purchasing an additional 127 shares during the last quarter. Tectonic Advisors LLC grew its holdings in shares of Travelers Companies by 0.5% in the fourth quarter. Tectonic Advisors LLC now owns 8,752 shares of the insurance provider’s stock worth $2,108,000 after purchasing an additional 47 shares during the last quarter. Finally, Confluence Wealth Services Inc. grew its holdings in shares of Travelers Companies by 16.1% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,038 shares of the insurance provider’s stock worth $251,000 after purchasing an additional 144 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TRV. Bank of America upped their price objective on shares of Travelers Companies from $241.00 to $265.00 and gave the stock an “underperform” rating in a research note on Thursday, October 17th. 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 note on Thursday, November 21st. Barclays upped their price objective on shares of Travelers Companies from $278.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. BMO Capital Markets upped their price objective on shares of Travelers Companies from $275.00 to $297.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Finally, Hsbc Global Res raised shares of Travelers Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $260.47.

Insider Buying and Selling

In other news, EVP Maria Olivo sold 10,410 shares of the firm’s stock in a transaction that occurred 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. This trade represents a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman William H. Heyman sold 3,740 shares of the firm’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 transaction of $990,352.00. Following the sale, the insider now directly owns 250,384 shares in the company, valued at $66,301,683.20. The trade was 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 Stock Performance

Shares of Travelers Companies stock opened at $246.46 on Thursday. The firm has a market capitalization of $55.95 billion, a P/E ratio of 11.48, a PEG ratio of 1.07 and a beta of 0.64. The company has a quick ratio of 0.34, a current ratio of 0.33 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average price of $245.62 and a 200 day moving average price of $239.23. The Travelers Companies, Inc. has a 52 week low of $200.21 and a 52 week high of $269.55.

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Wednesday, January 22nd. The insurance provider reported $9.15 earnings per share for the quarter, topping the consensus estimate of $6.50 by $2.65. Travelers Companies had a net margin of 10.77% and a return on equity of 19.06%. The company had revenue of $12.01 billion for the quarter, compared to the consensus estimate of $10.80 billion. During the same quarter in the prior year, the company earned $7.01 EPS. Travelers Companies’s quarterly revenue was up 9.9% on a year-over-year basis. Sell-side analysts expect that The Travelers Companies, Inc. will post 20.6 EPS for the current year.

Travelers Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a $1.05 dividend. The ex-dividend date is Monday, March 10th. This represents a $4.20 annualized dividend and a yield of 1.70%. Travelers Companies’s dividend payout ratio (DPR) is presently 19.56%.

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.