Edmond DE Rothschild Holding AG reduced its position in Travelers Companies Inc. (NYSE: TRV) by 5.9% in the fourth quarter, according to the latest announcement to the Securities and Exchange Commission (SEC). The company had 8,592 shares in the insurance company after selling 535 shares in the quarter. The Shares of Edmond DE Rothschild Holding S.A. Travelers Companies, after their most recent filing with the Securities and Exchange Commission (SEC), were $ 1,028,000.
Recently, several other institutional investors have increased or reduced their interest in TRV. Vanguard Group Inc. increased its stake in Travelers Companies shares by 0.3% in the third quarter. Vanguard Group Inc. now owns 22,074,825 shares of the insurance company worth $ 2,863,326,000 after acquiring a further 65,931 shares in the last quarter. Vanguard Group Inc. increased its stake in Travelers Companies by 0.3% in the third quarter. Vanguard Group Inc. now owns 22,074,825 shares of the insurance company worth $ 2,863,326,000, after acquiring a further 65,931 shares in the last quarter. BlackRock Inc. increased its share of Travelers Companies by 0.9% in the fourth quarter. BlackRock Inc. now owns 21,075,932 shares of the insurance company worth $ 2,523,843,000, after a further 190,871 shares were acquired in the last quarter. The Northern Trust Corp. increased its stake in Travelers Companies shares by 1.7% in the fourth quarter. Northern Trust Corp. now owns 3,566,973 shares of the insurance company worth $ 427,144,000 after purchasing another 60,000 shares in the last quarter. Finally, the Oregon Public Employees Retirement Fund increased its shares in Travelers Companies shares by 11,730.3% in the fourth quarter. The Oregon Public Employees Pension Fund now owns $ 29,000 of the insurance company's 3,525,799 shares, having acquired a further 3,495,996 shares in the last quarter. 79.91% of the shares are owned by institutional investors.
A number of equity analysts have published reports on TRV shares. The Royal Bank of Canada is lowering travel companies' outperformance valuation to sector performance and has set a price target of $ 133.00 for the stock. in a report on Tuesday, December 11th. Credit Suisse Group has again adjusted the hold rating and set a price target of $ 141 USD for Travelers Companies shares in a report on Thursday, December 20. Zack's Investment Research In a report dated Monday, December 31, the valuation of the shares of Travelers Companies was valued with a "sale". Morgan Stanley lowered the price target for Travelers from $ 126.00 to $ 119.00 in a report on Thursday, January 3, putting the stock underweight. Finally, Barclays Travelers Companies has upgraded from an Equilibrium Rating to an Overweight Rating, raising the price target for the stock from $ 135.00 to $ 145.00 on Wednesday, January 9. Two analysts rated the stock with a sell rating, eight gave a hold rating and three rated the company's stock with a buy. The stock currently has an average rating of "Hold" and a consensus target of $ 138.33.
Vice President William H. Heyman sold 3,500 shares on Tuesday, February 26, as part of a transaction. The stock was sold at an average price of $ 133.55 and a total value of $ 467,425.00. Upon completion of the sale, the insider now directly owns 243,245 shares of the Company worth approximately $ 32,485,369.75. The transaction has been published in a legal filing with the Securities & Exchange Commission this link, Deputy Chairman William H. Heyman sold 8,323 shares on Friday, January 25. The shares were sold at an average price of $ 125.54 for a total value of $ 1,044,869.42. Upon completion of the sale, the insider now directly owns 239,744 company shares worth $ 30,097,461.76. The disclosure for this sale can be found Here, Insiders sold a total of 118,894 shares worth $ 15,566,097 in the last three months. Currently, 0.80% of the shares are owned by insiders.
Shares of TRV opened on Friday at $ 134.18. Travelers Companies Inc. has a 12-month low of $ 111.08 and a 12-month high of $ 142.64. The company has a current ratio of 0.38, a fast ratio of 0.38 and a leverage ratio of 0.29. The company has a market capitalization of $ 35.34 billion, a P / E ratio of 15.01, a PEG ratio of 0.94, and a beta of 1.07.
The tour operators (NYSE: TRV) last published their earnings results on Tuesday, January 22nd. The insurer reported earnings of $ 2.13 per share (EPS) for the quarter, outperforming analysts' consensus estimates of $ 1.98 by $ 0.15. Travelers Companies had a return on equity of 10.69% and a net margin of 8.32%. The company generated $ 6.95 billion in revenue for the quarter, compared to analyst expectations of $ 6.92 billion. In the same period last year, the company achieved a profit of $ 2.28. Travelers Companies revenue increased 4.8% year-over-year. Sell-side analysts forecast for the current fiscal year that Travelers Companies Inc. will earn a profit of 11.18 per share.
The company also recently approved a quarterly dividend, which will be paid on Friday, March 29. Investors in record time on Monday, March 11, will receive a dividend of $ 0.77. This equates to a dividend of $ 3.08 on an annualized basis and a 2.30% return. The ex-dividend day of this dividend is Friday, March 8. The payout ratio of the travel companies is currently 34.45%.
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Profile of travelers
The Travelers Companies, Inc., through its affiliates, provides companies, government agencies, associations and individuals in the United States and internationally with a range of products and services in the area of industrial and personal property as well as accident insurance. The company operates in three segments: corporate insurance, bond and special insurance and personal insurance.
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