WMS Partners LLC raised its position in D/B/A Chubb Limited New (NYSE:CB) by 20.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,945 shares of the financial services provider’s stock after buying an additional 330 shares during the period. WMS Partners LLC’s holdings in D/B/A Chubb Limited New were worth $265,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of CB. Capital Investment Advisors LLC raised its stake in D/B/A Chubb Limited New by 0.4% in the first quarter. Capital Investment Advisors LLC now owns 2,795 shares of the financial services provider’s stock valued at $381,000 after buying an additional 12 shares in the last quarter. Rehmann Capital Advisory Group raised its stake in D/B/A Chubb Limited New by 1.0% in the first quarter. Rehmann Capital Advisory Group now owns 2,114 shares of the financial services provider’s stock valued at $288,000 after buying an additional 20 shares in the last quarter. Athena Capital Advisors LLC raised its stake in D/B/A Chubb Limited New by 0.5% in the first quarter. Athena Capital Advisors LLC now owns 4,770 shares of the financial services provider’s stock valued at $650,000 after buying an additional 25 shares in the last quarter. Assetmark Inc. raised its stake in D/B/A Chubb Limited New by 2.4% in the first quarter. Assetmark Inc. now owns 1,166 shares of the financial services provider’s stock valued at $159,000 after buying an additional 27 shares in the last quarter. Finally, Westpac Banking Corp raised its stake in D/B/A Chubb Limited New by 1.1% in the first quarter. Westpac Banking Corp now owns 3,242 shares of the financial services provider’s stock valued at $442,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 88.67% of the company’s stock.

Shares of D/B/A Chubb Limited New (CB) traded up 0.64% during mid-day trading on Thursday, hitting $149.87. The company’s stock had a trading volume of 1,760,098 shares. The stock has a 50-day moving average of $145.87 and a 200-day moving average of $139.35. The company has a market cap of $69.98 billion, a PE ratio of 15.91 and a beta of 0.91. D/B/A Chubb Limited New has a 12-month low of $121.48 and a 12-month high of $150.09.

D/B/A Chubb Limited New (NYSE:CB) last posted its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The company had revenue of $7.58 billion during the quarter, compared to analysts’ expectations of $7.06 billion. During the same quarter in the previous year, the company posted $2.25 earnings per share. D/B/A Chubb Limited New’s quarterly revenue was down .8% compared to the same quarter last year. On average, equities research analysts forecast that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 21st. Stockholders of record on Friday, June 30th were paid a $0.71 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.89%. This is a boost from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. D/B/A Chubb Limited New’s payout ratio is 24.98%.

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Several equities research analysts have commented on the company. Royal Bank Of Canada restated a “buy” rating and issued a $165.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. Raymond James Financial, Inc. upped their price objective on D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Wells Fargo & Company restated a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Tuesday, July 25th. Zacks Investment Research raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Monday. Finally, UBS AG reaffirmed a “buy” rating and set a $161.00 target price (up from $152.00) on shares of D/B/A Chubb Limited New in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $154.09.

In related news, insider Timothy Alan Boroughs sold 15,555 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $146.52, for a total value of $2,279,118.60. Following the completion of the transaction, the insider now owns 198,109 shares in the company, valued at approximately $29,026,930.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John W. Keogh sold 20,999 shares of the business’s stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $147.45, for a total transaction of $3,096,302.55. Following the completion of the transaction, the insider now owns 234,103 shares of the company’s stock, valued at approximately $34,518,487.35. The disclosure for this sale can be found here. Insiders sold 182,341 shares of company stock valued at $26,563,775 in the last quarter. 0.43% of the stock is currently owned by corporate insiders.

D/B/A Chubb Limited New Company Profile

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

Institutional Ownership by Quarter for D/B/A Chubb Limited New (NYSE:CB)

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