IFP Advisors Inc reduced its stake in D/B/A Chubb Limited New (NYSE:CB) by 4.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,687 shares of the financial services provider’s stock after selling 177 shares during the period. IFP Advisors Inc’s holdings in D/B/A Chubb Limited New were worth $536,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Point72 Asia Hong Kong Ltd acquired a new stake in D/B/A Chubb Limited New during the first quarter valued at approximately $101,000. Assetmark Inc. increased 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. SRS Capital Advisors Inc. increased 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 valued at $185,000 after buying an additional 254 shares in the last quarter. Independent Portfolio Consultants Inc. increased its stake in D/B/A Chubb Limited New by 63.0% in the second quarter. Independent Portfolio Consultants Inc. now owns 1,353 shares of the financial services provider’s stock valued at $197,000 after buying an additional 523 shares in the last quarter. Finally, Boltwood Capital Management purchased a new stake in D/B/A Chubb Limited New during the second quarter valued at about $200,000. 87.80% of the stock is owned by institutional investors.

D/B/A Chubb Limited New (NYSE CB) opened at 145.44 on Monday. The company’s 50-day moving average is $146.62 and its 200 day moving average is $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 has a 1-year low of $121.48 and a 1-year high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 EPS for the quarter, topping the Zacks’ consensus estimate 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 firm had revenue of $7.58 billion during the quarter, compared to analysts’ expectations of $7.06 billion. During the same period in the previous year, the business posted $2.25 earnings per share. The company’s revenue for the quarter was down .8% compared to the same quarter last year. On average, equities analysts expect that D/B/A Chubb Limited New will post $10.27 EPS for the current fiscal year.

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

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CB has been the subject of several recent analyst reports. Wells Fargo & Company reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a report on Wednesday, April 26th. Royal Bank Of Canada upped their price objective on shares of D/B/A Chubb Limited New from $140.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a report on Thursday, April 27th. Morgan Stanley upped their price objective on shares of D/B/A Chubb Limited New from $144.00 to $152.00 and gave the stock an “overweight” rating in a report on Friday, April 28th. Finally, BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a 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 assigned a buy rating to the company’s stock. D/B/A Chubb Limited New has a consensus rating of “Buy” and a consensus price target of $154.09.

In other D/B/A Chubb Limited New news, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.71, for a total transaction of $748,550.00. Following the completion of the transaction, the insider now directly owns 100,822 shares of the company’s stock, valued at $15,094,061.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Paul J. Krump sold 14,563 shares of D/B/A Chubb Limited New stock in a transaction 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 transaction, the insider now directly owns 78,863 shares of the company’s stock, valued at $11,185,927.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 234,390 shares of company stock valued at $34,316,039. Company 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.

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

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