Lazard Asset Management LLC increased its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,561 shares of the financial services provider’s stock after buying an additional 1 shares during the period. Lazard Asset Management LLC’s holdings in D/B/A Chubb Limited New were worth $212,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. 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 worth $159,000 after buying an additional 27 shares in the last quarter. Pinnacle Bank bought a new stake in D/B/A Chubb Limited New during the first quarter worth about $168,000. Integrated Investment Consultants LLC raised its stake in D/B/A Chubb Limited New by 3.4% in the first quarter. Integrated Investment Consultants LLC now owns 1,294 shares of the financial services provider’s stock worth $176,000 after buying an additional 43 shares in the last quarter. Norway Savings Bank raised its stake in D/B/A Chubb Limited New by 9.9% in the first quarter. Norway Savings Bank now owns 1,322 shares of the financial services provider’s stock worth $180,000 after buying an additional 119 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its stake in D/B/A Chubb Limited New by 22.9% in the first quarter. SRS Capital Advisors Inc. now owns 1,361 shares of the financial services provider’s stock worth $185,000 after buying an additional 254 shares in the last quarter. 87.80% of the stock is currently owned by institutional investors.

D/B/A Chubb Limited New (NYSE CB) traded down 0.35% on Friday, reaching $145.44. The company had a trading volume of 1,054,117 shares. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. The stock has a 50 day moving average of $146.62 and a 200 day moving average of $140.68. The firm has a market capitalization of $67.69 billion, a PE ratio of 12.79 and a beta of 0.91.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 24.98%.

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Several equities research analysts have recently weighed in on CB shares. Zacks Investment Research raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. UBS AG reissued a “buy” rating and set a $161.00 target price (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 1st. Royal Bank Of Canada reissued a “buy” rating and set a $165.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. Citigroup Inc. raised their target price on D/B/A Chubb Limited New from $160.00 to $170.00 and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Finally, BidaskClub raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. D/B/A Chubb Limited New has an average rating of “Buy” and an average target price of $154.09.

In other news, insider Paul J. Krump sold 14,563 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $141.84, for a total transaction of $2,065,615.92. Following the completion of the transaction, the insider now directly owns 78,863 shares of the company’s stock, valued at $11,185,927.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Juan C. Andrade sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $149.71, for a total value of $748,550.00. Following the transaction, the insider now directly owns 100,822 shares of the company’s stock, valued at $15,094,061.62. The disclosure for this sale can be found here. Insiders have sold 234,390 shares of company stock valued at $34,316,039 over the last ninety days. Corporate insiders own 0.43% of the company’s stock.

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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