Direct Line Insurance Group PLC (LON:DLG) Stock Rating Reaffirmed by Barclays Capital; Morgan …

Direct Line Insurance Group PLC (LON:DLG) Stock Rating Reaffirmed by Barclays Capital; Morgan Stanley Decreased Tiffany & Co New (TIF) Holding …

Tiffany & Co. (NYSE:TIF) Logo

Morgan Stanley decreased Tiffany & Co New (TIF) stake by 31.42% reported in 2018Q3 SEC filing. Morgan Stanley sold 338,341 shares as Tiffany & Co New (TIF)’s stock declined 31.54%. The Morgan Stanley holds 738,492 shares with $95.24 million value, down from 1.08M last quarter. Tiffany & Co New now has $10.95 billion valuation. The stock increased 5.35% or $4.56 during the last trading session, reaching $89.82. About 4.40M shares traded or 96.81% up from the average. Tiffany & Co. (NYSE:TIF) has declined 10.90% since January 21, 2018 and is downtrending. It has underperformed by 10.90% the S&P500. Some Historical TIF News: 23/05/2018 – TIFFANY & CO – MANAGEMENT UPDATES ITS FULL YEAR OUTLOOK; 23/05/2018 – TIFFANY & CO – NEW SHARE REPURCHASE PROGRAM EXPIRES ON JANUARY 31, 2022; 05/04/2018 – lmpac Mortgage Holdings, Inc. Announces Hiring of Libby Cooper, SVP Corporate Strategy and Tiffany Entsminger, SVP Chief Risk Officer; 23/05/2018 – Tiffany’s same-store sales beat estimates; 16/03/2018 – Tiffany’s misses on same-store sales, forecast disappoints; 23/05/2018 – TIFFANY 1Q EPS $1.14; 23/05/2018 – Tiffany Sales Blow Away Estimates as Customers Come Back; 23/05/2018 – TIFFANY & CO – SEES NET EARNINGS INCREASING TO A RANGE OF $4.50 – $4.70 PER DILUTED SHR FOR 2018; 15/05/2018 – MILLENNIUM ADDED NKTR, TIF, APTV, UTX, WP IN 1Q: 13F; 24/05/2018 – Tiffany S. Kent Joins Bernstein’s Atlanta Office as Financial Advisor

In a note sent to investors and clients on Monday, 21 January, Barclays Capital maintained their “Equal weight” rating on shares of Direct Line Insurance Group PLC (LON:DLG).

Among 10 analysts covering Direct Line Insurance Group PLC (LON:DLG), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Direct Line Insurance Group PLC has GBX 420 highest and GBX 344 lowest target. GBX 375.80’s average target is 14.64% above currents GBX 327.81 stock price. Direct Line Insurance Group PLC had 26 analyst reports since August 1, 2018 according to SRatingsIntel. On Wednesday, November 14 the stock rating was downgraded by Deutsche Bank to “Hold”. The stock of Direct Line Insurance Group plc (LON:DLG) earned “Add” rating by Peel Hunt on Friday, August 3. On Friday, December 14 the stock rating was maintained by Goldman Sachs with “Neutral”. The rating was maintained by Barclays Capital on Friday, November 23 with “Equal Weight”. The rating was maintained by Barclays Capital with “Equal Weight” on Thursday, December 13. The rating was upgraded by JP Morgan on Wednesday, November 7 to “Overweight”. The stock has “Add” rating by Peel Hunt on Tuesday, November 6. The company was maintained on Monday, January 7 by Deutsche Bank. As per Wednesday, October 17, the company rating was maintained by Berenberg. The rating was maintained by Peel Hunt with “Add” on Wednesday, August 1.

The stock increased 0.49% or GBX 1.61 during the last trading session, reaching GBX 327.81. About 210,651 shares traded. Direct Line Insurance Group plc (LON:DLG) has 0.00% since January 21, 2018 and is . It has by 0.00% the S&P500.

Direct Line Insurance Group plc provides general insurance services and products in the United Kingdom. The company has market cap of 4.48 billion GBP. The firm operates through Motor, Home, Rescue and Other Personal Lines, and Commercial divisions. It has a 11.62 P/E ratio. It offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance products, such as business, van, and landlord insurance products for small and medium-size entities.

More notable recent Tiffany & Co. (NYSE:TIF) news were published by: Streetinsider.com which released: “Tiffany & Co. (TIF) sees FY EPS towards lower end of its previously-disclosed range – StreetInsider.com” on January 18, 2019, also Schaeffersresearch.com with their article: “25 Worst Stocks to Own in January – Schaeffers Research” published on January 02, 2019, Fool.com published: “Why Tiffany Stock Fell 12% in December – Motley Fool” on January 07, 2019. More interesting news about Tiffany & Co. (NYSE:TIF) were released by: Investorplace.com and their article: “7 Retail Stocks With Worrisome Exposure to China – Investorplace.com” published on January 09, 2019 as well as 247Wallst.com‘s news article titled: “Should Other Jewelers Be Wary of Signet’s Warning? – 24/7 Wall St.” with publication date: January 17, 2019.

Analysts await Tiffany & Co. (NYSE:TIF) to report earnings on March, 15. They expect $1.71 earnings per share, up 2.40% or $0.04 from last year’s $1.67 per share. TIF’s profit will be $208.45 million for 13.13 P/E if the $1.71 EPS becomes a reality. After $0.77 actual earnings per share reported by Tiffany & Co. for the previous quarter, Wall Street now forecasts 122.08% EPS growth.

Morgan Stanley increased Waters Corp (NYSE:WAT) stake by 344,432 shares to 527,562 valued at $102.71 million in 2018Q3. It also upped Rimini Str Inc Del stake by 333,141 shares and now owns 733,421 shares. Stericycle Inc (NASDAQ:SRCL) was raised too.

Tiffany & Co. (NYSE:TIF) Ratings Chart

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Short-Term Picks To Give You An Edge: Citigroup Inc. (C), Aurora Cannabis Inc. (ACB)

With Citigroup Inc. (NYSE:C) price’s latest movement, it is now -22.94% away from its 1-year high and 28.44% higher than its 1-year low price.

With Citigroup Inc. (NYSE:C) price’s latest movement, it is now -22.94% away from its 1-year high and 28.44% higher than its 1-year low price. In the past seven days, the stock price volatility for Citigroup Inc. was 3.52%, whereas its volatility in the past 30 days has been 3.69%. This public company’s stock also has a beta score of 1.55. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Citigroup Inc. (NYSE:C) most recently published its quarterly earnings results. The firm posted $1.61 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $1.55 by $0.06. The publicly-traded organization reported revenue of $17,124.00 million for the quarter, compared to the average analyst forecast calling for $17,554.40 million, which was missing the analyst consensus estimate.

Shares of Citigroup Inc. (C) surged 1.32%, amounting to a gain of $0.81 per share, to finish the regular trading session at $62.19 on Wednesday 01/16/2019. After beginning the session at $61.95, shares of Citigroup Inc. reached as high as $62.82 during the day, while hitting a 1-day low of $61.24. Trade volume reached 27,583,461 shares against this stock’s average daily volume of 22.12M shares, with a total float of 2.44B. As a consequence of the price increase, Citigroup Inc. now has a current market value of 154.22B.

Aurora Cannabis Inc. (NYSE:ACB) added 4.71% to its trading price by the close of the most recent session, jumping from its previous closing price of $7.00 to $7.33. This stock increased in value by 34.50% during the last 7-day period, and experienced a gain of 25.09% over the past 30-day period. In the past three months, this stock’s price lost by -37.24% , and added 26.31% to its price during the last six months of trading. ACB demonstrated a yearly price loss of -20.92% , while its year-to-date (YTD) price performance has been up 47.78% . This stock’s price changed by +60.04% compared to its 90-day low, and moved down -33.36% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the ACB stock as “Buy”. In the short-term, Aurora Cannabis Inc. (ACB) has a 20-day average volume of 15,900,220 shares and short-term indicators sets the ACB stock as “ 60% Buy ” on average basis. In the medium-term, ACB stock has a 50-Day average volume of 15,059,942 shares and medium-term indicators gave the average rating of “ 50% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 14,004,501 shares. On average, long-term indicators rated the stock as “0% Hold ”. The overall picture from all short, medium and long-term indicators sets the ACB stock as “48% Buy ” on average basis.

In other news related to Aurora Cannabis Inc. stock, Age shares of ACB held by institutions. The total number of institutions who held the ACB shares was , according to most recent SEC filling. During the past quarter, total shares held by institutions with the net change of shares. In the meantime, new institutions bought the shares of Aurora Cannabis Inc. for the first time and institutions sold all their holdings in the company’s common stock. institutions increased their investment in the ACB stock and institutions decreased their investment in the Aurora Cannabis Inc. (ACB)’s stock during the last quarter.

As Bank Amer (BAC) Market Value Declined, Gvo Asset Management LTD Lowered Its Stake by …

… 30/03/2018 – NXTID Inc. to File Year-end Earnings, Schedule Investor Webcast to Discuss 2017 Results; 14/05/2018 – Union Pacific Presenting at …

Citigroup Inc. (NYSE:C) Logo

Gvo Asset Management Ltd decreased its stake in Bank Amer Corp (BAC) by 23.45% based on its latest 2018Q3 regulatory filing with the SEC. Gvo Asset Management Ltd sold 165,150 shares as the company’s stock declined 19.66% with the market. The institutional investor held 538,968 shares of the major banks company at the end of 2018Q3, valued at $15.88M, down from 704,118 at the end of the previous reported quarter. Gvo Asset Management Ltd who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $259.29B market cap company. The stock increased 1.50% or $0.39 during the last trading session, reaching $26.42. About 34.43M shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since January 14, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 09/05/2018 – Audentes Therapeutics at Bank of America Conference May 16; 16/05/2018 – RadNet Presenting at Bank of America Conference Tomorrow; 19/04/2018 – Icon Presenting at Bank of America Conference May 15; 02/04/2018 – Hawaii News Now: Source: Panthers bidder to visit Bank of America stadium Monday; 30/03/2018 – NXT-ID Inc. to File Year-end Earnings, Schedule Investor Webcast to Discuss 2017 Results; 14/05/2018 – Union Pacific Presenting at Bank of America Conference Tomorrow; 16/05/2018 – Clovis Oncology at Bank of America Conference Tomorrow; 16/03/2018 – YNAP YNAP.Ml – BOARD TOOK INTO ACCOUNT FAIRNESS OPINIONS PROVIDED BY FINANCIAL ADVISERS MEDIOBANCA AND BANK OF AMERICA MERRILL LYNCH; 29/03/2018 – JAPAN’S ANTITRUST WATCHDOG FTC: WARNS DEUTSCHE BANK, BANK OF AMERICA MERRILL LYNCH OVER ALLEGED 2012 BOND-PRICE FIXING; 01/05/2018 – Bank of America: Chicago Entrepreneurs Increasing Plans to Hire

Argent Trust Company increased its stake in Citigroup Inc (C) by 15.28% based on its latest 2018Q3 regulatory filing with the SEC. Argent Trust Company bought 6,310 shares as the company’s stock declined 18.04% with the market. The hedge fund held 47,606 shares of the major banks company at the end of 2018Q3, valued at $3.37M, up from 41,296 at the end of the previous reported quarter. Argent Trust Company who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $144.18 billion market cap company. The stock increased 4.15% or $2.35 during the last trading session, reaching $59.04. About 21.29 million shares traded or 0.62% up from the average. Citigroup Inc. (NYSE:C) has declined 23.89% since January 14, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 24/04/2018 – CITIGROUP’S LATHROP TO TAKE LEAVE OF ABSENCE FROM BANK: MEMO; 03/04/2018 – Citigroup and Goldman face shareholder pressure on lobbying; 07/05/2018 – Activist Investor ValueAct Has a Roughly $1.2 Billion Stake in Citigroup — Letter; 25/04/2018 – GLOBAL PHARMA: CITIGROUP SAYS IT PREFERS BUY-RATED MERCK, ELI LILLY, BRISTOL-MYERS SQUIBB, ASTRAZENECA AND BAYER; 12/04/2018 – ANALYSIS-Spotify puts bank IPO paydays under fund manager scrutiny; 23/04/2018 – Latin Bond Sales Drop 6.4% in 2018, Citi Leads; 06/03/2018 – CORRECTED-World Economic Forum leads creation of fintech cyber security consortium; 03/05/2018 – Super Retail Target Lifted 2.3% to A$9/Share by Citi; 18/04/2018 – DUTCH ENECO WORKING WITH CITI ON ITS PRIVATISATION; 07/05/2018 – In a statement, Citi said it has been having constructive conversations with ValueAct and welcomes them as investors

Among 40 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 13 Hold. Therefore 63% are positive. Citigroup Inc. had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Friday, December 11. Oppenheimer maintained Citigroup Inc. (NYSE:C) rating on Friday, January 29. Oppenheimer has “Outperform” rating and $67 target. Barclays Capital maintained Citigroup Inc. (NYSE:C) rating on Tuesday, January 3. Barclays Capital has “Overweight” rating and $70 target. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 15. The firm earned “Sell” rating on Wednesday, January 11 by UBS. On Monday, July 16 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was downgraded by BMO Capital Markets on Monday, July 31 to “Market Perform”. The rating was maintained by Morgan Stanley on Monday, April 30 with “Overweight”. The stock has “Hold” rating by Jefferies on Tuesday, January 16. The stock of Citigroup Inc. (NYSE:C) earned “Outperform” rating by Keefe Bruyette & Woods on Wednesday, April 5.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Bullish Momentum Moving Into Citigroup’s Stock – Seeking Alpha” on December 31, 2018, also Seekingalpha.com with their article: “Citi Getting No Love As Macro Risks Mount – Seeking Alpha” published on December 20, 2018, Benzinga.com published: “Citigroup Inc. (NYSE:C), Amazon.com, Inc. (NASDAQ:AMZN) – After Strong Week, Market Comes Under Pressure From China As Earnings Begin – Benzinga” on January 14, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Wall Street Breakfast: China Data Adds Pressure To Trade Deal – Seeking Alpha” published on January 14, 2019 as well as Investorplace.com‘s news article titled: “Thursday’s Vital Data: FedEx, Facebook, Citigroup – Investorplace.com” with publication date: December 20, 2018.

Since July 19, 2018, it had 0 insider buys, and 1 sale for $34,605 activity.

Investors sentiment is 1.02 in Q3 2018. Its the same as in 2018Q2. It is without change, as 52 investors sold C shares while 470 reduced holdings. only 122 funds opened positions while 410 raised stakes. 1.80 billion shares or 3.35% less from 1.86 billion shares in 2018Q2 were reported. The United Kingdom-based Sarasin And Prns Llp has invested 1.72% in Citigroup Inc. (NYSE:C). Segall Bryant & Hamill Llc accumulated 73,793 shares. Prudential Finance holds 0.77% or 7.31M shares in its portfolio. Fulton Fincl Bank Na invested 0.13% in Citigroup Inc. (NYSE:C). 191,945 were accumulated by Chilton Mgmt Limited Company. Granite Inv Limited Liability Company has invested 0.03% in Citigroup Inc. (NYSE:C). Diamond Hill Cap Management Inc reported 9.13 million shares stake. Pinnacle Ltd Company owns 19,469 shares or 0% of their US portfolio. Jpmorgan Chase & holds 0.52% or 37.93 million shares in its portfolio. Moreover, Regentatlantic Capital has 0.67% invested in Citigroup Inc. (NYSE:C) for 122,342 shares. Seabridge Limited Liability Corp holds 134,303 shares or 2.47% of its portfolio. Oarsman Cap Inc holds 2.23% of its portfolio in Citigroup Inc. (NYSE:C) for 77,263 shares. Smith Moore & holds 0.13% or 7,745 shares in its portfolio. Moreover, First Trust Advisors Limited Partnership has 0.02% invested in Citigroup Inc. (NYSE:C). Bloom Tree Ltd Liability holds 2.09% or 331,585 shares in its portfolio.

Argent Trust Company, which manages about $867.32M US Long portfolio, decreased its stake in Glaxosmithkline Plc Adr (NYSE:GSK) by 22,651 shares to 6,174 shares, valued at $248,000 in 2018Q3, according to the filing. It also reduced its holding in Invesco Qqq Trust Etf by 2,572 shares in the quarter, leaving it with 5,385 shares, and cut its stake in Home Depot Inc (NYSE:HD).

Investors sentiment decreased to 0.84 in 2018 Q3. Its down 0.17, from 1.01 in 2018Q2. It fall, as 57 investors sold BAC shares while 649 reduced holdings. 123 funds opened positions while 473 raised stakes. 6.37 billion shares or 1.73% less from 6.48 billion shares in 2018Q2 were reported. State Bank Of Stockton invested 0.23% of its portfolio in Bank of America Corporation (NYSE:BAC). Whitnell & has invested 0.06% in Bank of America Corporation (NYSE:BAC). Segall Bryant And Hamill Ltd Limited Liability Company invested in 0.02% or 45,895 shares. Patriot Wealth Management accumulated 372,351 shares or 1.38% of the stock. Busey Tru reported 38,290 shares. Daiwa Grp Inc accumulated 953,892 shares. Pointstate L P, New York-based fund reported 2.11M shares. Lombard Odier Asset Mngmt (Switzerland) has 0.22% invested in Bank of America Corporation (NYSE:BAC). Gam Holdings Ag has invested 0.03% in Bank of America Corporation (NYSE:BAC). Northern Capital Management Lc has 1.2% invested in Bank of America Corporation (NYSE:BAC). First Heartland Consultants reported 21,418 shares. Northwestern Mutual Wealth reported 0.05% of its portfolio in Bank of America Corporation (NYSE:BAC). Stone Ridge Asset Management Ltd Liability accumulated 82,944 shares. Jane Street Grp Limited Liability Company holds 0.02% or 360,473 shares in its portfolio. Yhb Invest Advisors Inc has invested 0.14% in Bank of America Corporation (NYSE:BAC).

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 16 before the open. They expect $0.63 earnings per share, up 34.04% or $0.16 from last year’s $0.47 per share. BAC’s profit will be $6.18B for 10.48 P/E if the $0.63 EPS becomes a reality. After $0.66 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Gvo Asset Management Ltd, which manages about $286.46M US Long portfolio, upped its stake in Tesla Inc (NASDAQ:TSLA) by 15,900 shares to 36,000 shares, valued at $9.53 million in 2018Q3, according to the filing.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 118 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Deutsche Bank on Tuesday, January 26. Citigroup maintained the shares of BAC in report on Tuesday, April 24 with “Neutral” rating. Keefe Bruyette & Woods upgraded the shares of BAC in report on Tuesday, November 29 to “Outperform” rating. The stock of Bank of America Corporation (NYSE:BAC) earned “Outperform” rating by Credit Suisse on Friday, December 7. The firm earned “Buy” rating on Monday, April 16 by Nomura. The firm has “Outperform” rating given on Saturday, September 5 by Oppenheimer. Keefe Bruyette & Woods maintained Bank of America Corporation (NYSE:BAC) on Wednesday, April 4 with “Buy” rating. The company was downgraded on Tuesday, November 15 by Guggenheim. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, January 3 report. The rating was maintained by Oppenheimer with “Buy” on Tuesday, July 18.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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Gannett shares spike 13% on buyout offer

European Apple supplier Dialog Semiconductor (DLGNF) warned that its fourth quarter sales will be at the bottom of the range it forecast last year.

US stock futures are pointing about 1% lower. China government data showed that the country’s huge export industry suffered its worst month in two years in December, another sign of a slowdown. Stocks fell 0.7% in China and 1.4% in Hong Kong.

Adding to the poor showing in markets was a 1.7% month-over-month drop in eurozone industrial production in November. From Capital Economics:

The broad-based slump in industrial production in November underlines how serious the malaise is in Europe’s industrial sector.

The report only heightens concern about German economic data due out tomorrow: The European powerhouse might have slipped into recession at the end of 2018.

The Dow closed flat on Friday, ending its five-day winning streak. The S&P 500 was little changed and the Nasdaq closed 0.2% lower.

Also ahead: Citigroup (C) is the first big American bank to report this earnings season. It’s set to release earnings before the open.

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Travelers Companies (NYSE:TRV) PT Lowered to $119.00 at Morgan Stanley

Bridgewater Associates LP increased its stake in Travelers Companies by 598.8% during the 2nd quarter. Bridgewater Associates LP now owns …

Travelers Companies Inc logoTravelers Companies (NYSE:TRV) had its price objective decreased by Morgan Stanley from $126.00 to $119.00 in a research report released on Thursday, January 3rd. Morgan Stanley currently has an underweight rating on the insurance provider’s stock.

Several other research firms also recently commented on TRV. Credit Suisse Group restated a hold rating and set a $141.00 price objective on shares of Travelers Companies in a report on Thursday, December 20th. Zacks Investment Research restated a sell rating on shares of Travelers Companies in a report on Monday, December 31st. Wells Fargo & Co restated a hold rating and set a $142.00 price objective on shares of Travelers Companies in a report on Thursday, October 18th. Royal Bank of Canada downgraded Travelers Companies from an outperform rating to a sector perform rating and set a $133.00 price objective on the stock. in a report on Tuesday, December 11th. Finally, Citigroup downgraded Travelers Companies from a buy rating to a neutral rating and reduced their price objective for the stock from $149.00 to $134.00 in a report on Friday, October 19th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $135.08.

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

Travelers Companies (NYSE:TRV) last issued its quarterly earnings results on Thursday, October 18th. The insurance provider reported $2.54 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.28. Travelers Companies had a return on equity of 10.86% and a net margin of 8.18%. The firm had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities research analysts anticipate that Travelers Companies will post 9.3 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, December 31st. Shareholders of record on Monday, December 10th were given a dividend of $0.77 per share. The ex-dividend date was Friday, December 7th. This represents a $3.08 dividend on an annualized basis and a yield of 2.56%. Travelers Companies’s dividend payout ratio is currently 42.31%.

In other Travelers Companies news, EVP Andy F. Bessette sold 1,666 shares of Travelers Companies 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 completion of the sale, the executive vice president now owns 8,457 shares of the company’s stock, valued at approximately $1,067,019.69. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.80% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. GSA Capital Partners LLP purchased a new position in shares of Travelers Companies in the 2nd quarter valued at about $656,000. Commonwealth Bank of Australia increased its stake in Travelers Companies by 10.6% during the 2nd quarter. Commonwealth Bank of Australia now owns 60,905 shares of the insurance provider’s stock worth $7,261,000 after buying an additional 5,814 shares in the last quarter. Bridgewater Associates LP increased its stake in Travelers Companies by 598.8% during the 2nd quarter. Bridgewater Associates LP now owns 38,700 shares of the insurance provider’s stock worth $4,735,000 after buying an additional 33,162 shares in the last quarter. Renaissance Technologies LLC increased its stake in Travelers Companies by 239.0% during the 2nd quarter. Renaissance Technologies LLC now owns 361,972 shares of the insurance provider’s stock worth $44,284,000 after buying an additional 255,200 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund purchased a new stake in Travelers Companies during the 2nd quarter worth approximately $3,646,000. 79.46% of the stock is owned by institutional investors and hedge funds.

About Travelers Companies

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.

See Also: Discount Rate

Analyst Recommendations for Travelers Companies (NYSE:TRV)

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