WINTON GROUP Ltd boosted its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 975.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 247,388 shares of the financial services provider’s stock after buying an additional 224,394 shares during the period. WINTON GROUP Ltd owned approximately 0.05% of D/B/A Chubb Limited New worth $31,084,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Berkshire Asset Management LLC PA boosted its position in D/B/A Chubb Limited New by 9.8% in the first quarter. Berkshire Asset Management LLC PA now owns 81,344 shares of the financial services provider’s stock worth $11,083,000 after buying an additional 7,229 shares during the period. Dodge & Cox acquired a new position in D/B/A Chubb Limited New during the fourth quarter worth approximately $2,037,000. Woodstock Corp increased its position in D/B/A Chubb Limited New by 2.9% in the first quarter. Woodstock Corp now owns 21,185 shares of the financial services provider’s stock worth $2,886,000 after buying an additional 600 shares in the last quarter. Integrated Wealth Management increased its position in D/B/A Chubb Limited New by 5.3% in the first quarter. Integrated Wealth Management now owns 2,497 shares of the financial services provider’s stock worth $340,000 after buying an additional 125 shares in the last quarter. Finally, Torch Wealth Management LLC increased its position in D/B/A Chubb Limited New by 0.9% in the first quarter. Torch Wealth Management LLC now owns 14,620 shares of the financial services provider’s stock worth $1,992,000 after buying an additional 135 shares in the last quarter. Institutional investors and hedge funds own 88.43% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE CB) traded down 0.52% during midday trading on Tuesday, reaching $148.54. 964,506 shares of the company’s stock traded hands. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. The firm has a market cap of $69.13 billion, a PE ratio of 13.06 and a beta of 0.91. The stock has a 50-day moving average price of $146.12 and a 200 day moving average price of $139.57.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, June 30th were issued a $0.71 dividend. This is an increase from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. 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 1.91%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 24.98%.

WARNING: This story was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/08/08/dba-chubb-limited-new-nysecb-shares-bought-by-winton-group-ltd-updated-updated-updated.html.

A number of equities analysts have recently commented on the stock. UBS AG restated a “buy” rating and set a $161.00 price objective (up from $152.00) on shares of D/B/A Chubb Limited New in a research note on Tuesday, August 1st. BidaskClub upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Saturday, June 17th. Zacks Investment Research downgraded shares of D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Morgan Stanley restated an “overweight” rating and set a $156.00 price objective (up from $152.00) on shares of D/B/A Chubb Limited New in a research note on Thursday, July 6th. Finally, Barclays PLC raised their target price on shares of D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a research note on Monday, July 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $154.09.

In other news, insider Paul J. Krump sold 14,563 shares of the business’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total value of $2,065,615.92. Following the transaction, the insider now owns 78,863 shares of the company’s stock, valued at $11,185,927.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Timothy Alan Boroughs sold 15,555 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $146.52, for a total transaction of $2,279,118.60. Following the completion of the transaction, the insider now directly owns 198,109 shares in the company, valued at approximately $29,026,930.68. The disclosure for this sale can be found here. In the last three months, insiders sold 187,341 shares of company stock worth $27,312,325. 0.43% of the stock is currently owned by insiders.

About D/B/A Chubb Limited New

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)

Receive News & Stock Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related stocks with our FREE daily email newsletter.