Boston Partners boosted its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 2.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,705,497 shares of the financial services provider’s stock after buying an additional 131,832 shares during the period. D/B/A Chubb Limited New comprises about 1.1% of Boston Partners’ investment portfolio, making the stock its 15th largest position. Boston Partners owned 1.23% of D/B/A Chubb Limited New worth $829,465,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Point72 Asia Hong Kong Ltd acquired a new stake in shares of D/B/A Chubb Limited New during the first quarter valued at approximately $101,000. Assetmark Inc. raised its stake 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. Shine Investment Advisory Services Inc. acquired a new stake in shares of D/B/A Chubb Limited New during the second quarter valued at approximately $185,000. Independent Portfolio Consultants Inc. raised its stake in shares of 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, SRS Capital Advisors Inc. raised its stake 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. Hedge funds and other institutional investors own 87.80% of the company’s stock.

Shares of D/B/A Chubb Limited New (CB) opened at 144.24 on Thursday. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $150.28. The firm has a market capitalization of $67.13 billion, a PE ratio of 12.68 and a beta of 0.91. The stock’s 50 day moving average price is $146.52 and its 200-day moving average price is $141.07.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $2.50 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $7.06 billion. During the same period in the previous year, the firm earned $2.25 EPS. D/B/A Chubb Limited New’s revenue was down .8% on a year-over-year basis. Equities research analysts anticipate that D/B/A Chubb Limited New will post $10.27 EPS for the current fiscal year.

The business also recently declared 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 dividend yield of 1.97%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 24.98%.

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Several analysts have recently commented on CB shares. Morgan Stanley increased their price objective on D/B/A Chubb Limited New from $144.00 to $152.00 and gave the company an “overweight” rating in a report on Friday, April 28th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Wednesday, April 26th. Barclays PLC increased their price objective on D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Royal Bank Of Canada reiterated a “buy” rating and set a $153.00 price objective on shares of D/B/A Chubb Limited New in a report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Thursday, April 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. D/B/A Chubb Limited New has a consensus rating of “Buy” and a consensus target price of $154.09.

In other news, insider Philip V. Bancroft sold 47,049 shares of D/B/A Chubb Limited New stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $148.86, for a total value of $7,003,714.14. Following the transaction, the insider now directly owns 344,560 shares of the company’s stock, valued at $51,291,201.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Timothy Alan Boroughs sold 15,555 shares of D/B/A Chubb Limited New stock in a transaction that occurred 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 $29,026,930.68. The disclosure for this sale can be found here. Insiders have sold a total of 234,390 shares of company stock worth $34,316,039 over the last 90 days. 0.43% of the stock is owned by 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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