Manning & Napier Advisors Acquires New Position in The Travelers Companies, Inc.

Manning & Napier Advisors LLC, a financial services firm, has acquired a new position in shares of The Travelers Companies, Inc. (NYSE:TRV) worth approximately $7.998 million in the second quarter.

The company's latest Form 13F filing with the Securities and Exchange Commission revealed that Manning & Napier Advisors LLC bought 24,099 shares of TRV stock.

This is not an isolated instance, as other institutional investors have also recently added to or reduced their stakes in the company. LifeSteps Financial Inc., for example, acquired a new stake in shares of TRV during the second quarter worth $26,000.

On July 17th, The Travelers Companies, Inc. reported its quarterly earnings data, beating analysts' consensus estimates by $4.63 with an EPS of $10.04 and revenue of $12.15 billion for the quarter.