Northside Capital Management LLC acquired a new stake in shares of D/B/A Chubb Limited New (NYSE:CB) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 6,550 shares of the financial services provider’s stock, valued at approximately $892,000.

A number of other institutional investors have also recently made changes to their positions in CB. Assetmark Inc. boosted its position in shares of 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. Pinnacle Bank purchased a new position in shares of D/B/A Chubb Limited New during the first quarter valued at about $168,000. Integrated Investment Consultants LLC boosted its position in shares of 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 valued at $176,000 after buying an additional 43 shares in the last quarter. Norway Savings Bank boosted its position in shares of 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 valued at $180,000 after buying an additional 119 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its position in shares of 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 valued at $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% during mid-day trading on Friday, reaching $145.44. 1,054,117 shares of the company were exchanged. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. The company has a market cap of $67.69 billion, a P/E ratio of 12.79 and a beta of 0.91. The stock’s 50-day moving average is $146.62 and its 200-day moving average is $140.68.

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

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

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Several equities analysts have issued reports on the stock. Citigroup Inc. boosted their price objective on shares of D/B/A Chubb Limited New from $160.00 to $170.00 and gave the company a “neutral” rating in a research note on Thursday, July 13th. 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 upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Raymond James Financial, Inc. boosted their target price on shares of 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. Finally, UBS AG restated 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 report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. D/B/A Chubb Limited New has a consensus rating of “Buy” and an average price target of $154.09.

In other D/B/A Chubb Limited New news, CEO Evan G. Greenberg sold 69,175 shares of the stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $144.73, for a total value of $10,011,697.75. Following the completion of the sale, the chief executive officer now directly owns 1,360,382 shares in the company, valued at $196,888,086.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Evan G. Greenberg sold 13,804 shares of the stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $145.39, for a total value of $2,006,963.56. Following the completion of the sale, the chief executive officer now owns 1,351,207 shares of the company’s stock, valued at $196,451,985.73. The disclosure for this sale can be found here. Insiders sold 234,390 shares of company stock valued at $34,316,039 over the last 90 days. Corporate insiders own 0.43% of the company’s stock.

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)

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