Vantage Investment Partners Llc decreased its stake in Travelers Companies Inc (TRV) by 16.44% based on its latest 2017Q4 regulatory filing with the SEC. Four analysts have issued estimates for Travelers Companies' earnings, with the lowest EPS estimate coming in at $2.47 and the highest estimate coming in at $3.07. The TRV switched 22.44% away from its 52 week minimum and distanced -7.48% from its 52 week peak.
ILLEGAL ACTIVITY NOTICE: "Travelers Companies Inc (TRV) Expected to Post Earnings of $2.80 Per Share" was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. (NYSE:TRV) to report earnings on April, 19. Zacks' sales averages are an average based on a survey of sell-side research analysts that cover Travelers Companies. (NYSE:TRV) has 16 ratings reports on 7 April 2018 according to StockzIntelligence. The stock returned -0.68% last month which was maintained at 2.20% this year. The Travelers Companies had a return on equity of 8.61% and a net margin of 7.13%. The company had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.37 billion. The company's revenue for the quarter was up 3.6% compared to the same quarter previous year.
Several equities research analysts have issued reports on the stock. Royal Bank of Canada reaffirmed a "buy" rating and set a $148.00 price objective on shares of Travelers Companies in a research note on Friday, December 8th. The firm has "Buy" rating by Oppenheimer given on Tuesday, July 25. On Friday, October 20 the stock rating was maintained by Citigroup with "Buy". At the end of 2017Q4, the institutional investor held 540,032 shares of the finance company, priced at $73.25M, up from 364,052 at the end of the previous reported quarter. On Wednesday, January 24 the firm has "Neutral" rating given by Credit Suisse. Abner Herrman & Brock LLC now owns 62,879 shares of the insurance provider's stock worth $8,529,000 after purchasing an additional 3,853 shares during the period. (NYSE:TRV) rating. Citigroup has "Buy" rating and $159 target. The stock increased 1.13% or $0.15 during the last trading session, reaching $13.43. Travelers Companies has a 12-month low of $113.76 and a 12-month high of $150.55. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.28. $140.60's average target is 0.94% above currents $139.29 stock price.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 9th were given a $0.72 dividend. (NASDAQ:AMAT) has "Outperform" rating given on Thursday, March 31 by BNP Paribas. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.41%. The Travelers Companies's dividend payout ratio is now 39.56%. Following the completion of the transaction, the executive vice president now directly owns 28,956 shares in the company, valued at approximately $4,346,006.04.
Mirae Asset Global Investments, which manages about $4.74B and $7.47B US Long portfolio, upped its stake in Spdr Ser Tr (FLRN) by 129,058 shares to 243,200 shares, valued at $7.46 million in 2017Q4, according to the filing. Also, Vice Chairman Jay S. Benet sold 5,808 shares of The Travelers Cos. stock in a transaction on Monday, August 29th. Stelac Advisory Services LLC bought a new stake in shares of Travelers Companies in the fourth quarter valued at about $101,000. The disclosure for this sale can be found here. The established trader's sentiment toward the stock has created a trading environment which can appropriately be designated as optimistic. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold.
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.
In other news, Director Todd C. Schermerhorn sold 1,120 shares of Travelers Companies stock in a transaction on Friday, January 26th. About 9.72M shares traded or 17.95% up from the average. Field & Main Bank bought a new stake in shares of Travelers Companies in the fourth quarter valued at about $102,000. Valeo Financial Advisors LLC lifted its position in Travelers Companies by 138.2% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 153,568 shares of the insurance provider's stock valued at $20,830,000 after purchasing an additional 2,361 shares during the last quarter. Institutional investors and hedge funds own 80.94% of the company's stock.