RiverPoint Capital Management LLC boosted its stake in shares of D/B/A Chubb Limited New (NYSE:CB) by 0.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,328 shares of the financial services provider’s stock after buying an additional 462 shares during the period. RiverPoint Capital Management LLC’s holdings in D/B/A Chubb Limited New were worth $7,898,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Guardian Life Insurance Co. of America increased its stake in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,795 shares of the financial services provider’s stock valued at $245,000 after buying an additional 12 shares during the period. Kovitz Investment Group Partners LLC increased its stake in shares of D/B/A Chubb Limited New by 0.4% in the second quarter. Kovitz Investment Group Partners LLC now owns 2,918 shares of the financial services provider’s stock valued at $424,000 after buying an additional 12 shares during the period. Keel Point LLC increased its stake in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Keel Point LLC now owns 2,539 shares of the financial services provider’s stock valued at $346,000 after buying an additional 17 shares during the period. Mackenzie Financial Corp increased its stake in shares of D/B/A Chubb Limited New by 0.5% in the first quarter. Mackenzie Financial Corp now owns 4,144 shares of the financial services provider’s stock valued at $565,000 after buying an additional 19 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its stake in shares of D/B/A Chubb Limited New by 0.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,438 shares of the financial services provider’s stock valued at $354,000 after buying an additional 22 shares during the period. Hedge funds and other institutional investors own 86.92% of the company’s stock.

Shares of D/B/A Chubb Limited New (CB) opened at 141.89 on Wednesday. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $150.28. The firm’s 50-day moving average price is $146.38 and its 200-day moving average price is $141.17. The firm has a market capitalization of $66.04 billion, a PE ratio of 12.47 and a beta of 0.91.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.06 billion. During the same period last year, the firm earned $2.25 earnings per share. The business’s revenue for the quarter was down .8% on a year-over-year basis. On average, equities analysts predict that D/B/A Chubb Limited New will post $10.27 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be given a dividend of $0.71 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.00%. D/B/A Chubb Limited New’s dividend payout ratio is 24.98%.

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Several equities research analysts have weighed in on the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $155.00 price target on shares of D/B/A Chubb Limited New in a report on Tuesday. UBS AG restated a “buy” rating and set a $161.00 price target (up previously from $152.00) on shares of D/B/A Chubb Limited New in a report on Tuesday, August 1st. Zacks Investment Research upgraded D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Raymond James Financial, Inc. upped their price target on D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. D/B/A Chubb Limited New currently has a consensus rating of “Buy” and a consensus price target of $154.09.

In other news, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following the transaction, the chief executive officer now directly owns 1,360,382 shares of the company’s stock, valued at $196,888,086.86. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider John W. Keogh sold 48,245 shares of D/B/A Chubb Limited New stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $147.25, for a total transaction of $7,104,076.25. Following the transaction, the insider now directly owns 256,860 shares in the company, valued at $37,822,635. The disclosure for this sale can be found here. Over the last three months, insiders have sold 219,827 shares of company stock worth $32,250,423. 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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