The Travelers Companies, Inc. (NYSE:TRV) Receives $177.46 Consensus Price Target from Analysts

The Travelers Companies, Inc. (NYSE:TRVGet Rating) has been assigned an average rating of “Hold” from the sixteen brokerages that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $178.36.

A number of analysts have weighed in on the stock. Wells Fargo & Company raised their target price on shares of Travelers Companies from $172.00 to $180.00 and gave the company an “equal weight” rating in a research report on Tuesday. Evercore ISI assumed coverage on shares of Travelers Companies in a research report on Friday, January 21st. They issued a “hold” rating and a $180.00 target price on the stock. Credit Suisse Group raised their target price on shares of Travelers Companies from $153.00 to $178.00 in a research report on Tuesday, January 25th. Royal Bank of Canada lifted their price target on shares of Travelers Companies from $170.00 to $190.00 and gave the stock a “sector perform” rating in a report on Monday, April 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Travelers Companies from $158.00 to $159.00 and gave the stock an “underweight” rating in a report on Thursday, January 6th. They noted that the move was a valuation call.

Shares of NYSE:TRV opened at $184.24 on Tuesday. The company’s 50 day simple moving average is $177.13 and its 200 day simple moving average is $164.95. The stock has a market capitalization of $44.21 billion, a price-to-earnings ratio of 12.69, a price-to-earnings-growth ratio of 4.61 and a beta of 0.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.34 and a quick ratio of 0.34. Travelers Companies has a 1 year low of $144.44 and a 1 year high of $187.98.

Travelers Companies (NYSE:TRVGet Rating) last issued its earnings results on Thursday, January 20th. The insurance provider reported $5.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.86 by $1.34. Travelers Companies had a net margin of 10.52% and a return on equity of 12.27%. The firm had revenue of $8 billion for the quarter, compared to analyst estimates of $8 billion. During the same quarter last year, the business posted $4.91 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. As a group, analysts anticipate that Travelers Companies will post 13.08 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Thursday, March 10th were issued a $0.88 dividend. The ex-dividend date of this dividend was Wednesday, March 9th. This represents a $3.52 annualized dividend and a yield of 1.91%. Travelers Companies’s payout ratio is 24.24%.

In other Travelers Companies news, Vice Chairman William H. Heyman sold 6,000 shares of Travelers Companies stock in a transaction on Tuesday, January 25th. The shares were sold at an average price of $168.95, for a total value of $1,013,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Vice Chairman William H. Heyman sold 2,000 shares of Travelers Companies stock in a transaction on Wednesday, February 9th. The shares were sold at an average price of $174.12, for a total transaction of $348,240.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 163,026 shares of company stock worth $27,862,876. 0.92% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. increased its stake in Travelers Companies by 0.7% in the third quarter. BlackRock Inc. now owns 20,473,426 shares of the insurance provider’s stock valued at $3,112,166,000 after purchasing an additional 141,444 shares in the last quarter. State Street Corp increased its stake in Travelers Companies by 0.5% in the fourth quarter. State Street Corp now owns 17,289,745 shares of the insurance provider’s stock valued at $2,704,635,000 after purchasing an additional 86,596 shares in the last quarter. Geode Capital Management LLC increased its stake in Travelers Companies by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 4,233,724 shares of the insurance provider’s stock valued at $660,678,000 after purchasing an additional 86,442 shares in the last quarter. Invesco Ltd. increased its stake in Travelers Companies by 2.7% in the third quarter. Invesco Ltd. now owns 4,165,114 shares of the insurance provider’s stock valued at $633,138,000 after purchasing an additional 109,227 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Travelers Companies by 88.0% during the fourth quarter. Barclays PLC now owns 1,894,967 shares of the insurance provider’s stock worth $296,430,000 after acquiring an additional 887,224 shares in the last quarter. 80.85% of the stock is owned by hedge funds and other institutional investors.

About Travelers Companies (Get Rating)

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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Analyst Recommendations for Travelers Companies (NYSE:TRV)

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