Mosaic Family Wealth LLC raised its stake in D/B/A Chubb Limited New (NYSE:CB) by 4.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,554 shares of the financial services provider’s stock after buying an additional 71 shares during the period. Mosaic Family Wealth LLC’s holdings in D/B/A Chubb Limited New were worth $226,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Guardian Life Insurance Co. of America raised its stake in 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 last quarter. Kovitz Investment Group Partners LLC raised its stake in 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 last quarter. Keel Point LLC raised its stake in 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 last quarter. Mackenzie Financial Corp raised its stake in 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 last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in 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 last quarter. 86.92% of the stock is owned by institutional investors.

D/B/A Chubb Limited New (CB) opened at 141.89 on Wednesday. The stock has a market capitalization of $66.04 billion, a P/E ratio of 12.47 and a beta of 0.91. The stock has a 50 day moving average of $146.38 and a 200 day moving average of $141.17. D/B/A Chubb Limited New has a 52 week low of $121.48 and a 52 week high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last posted its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.49 by $0.01. The firm had revenue of $7.58 billion for the quarter, compared to analysts’ expectations 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 company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the business earned $2.25 EPS. On average, equities research 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 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. This represents a $2.84 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s payout ratio is 24.98%.

WARNING: “Mosaic Family Wealth LLC Acquires 71 Shares of D/B/A Chubb Limited New (CB)” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/30/mosaic-family-wealth-llc-acquires-71-shares-of-dba-chubb-limited-new-cb.html.

Several equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $155.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. Royal Bank Of Canada reissued a “buy” rating and issued a $165.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. UBS AG reissued a “buy” rating and issued a $161.00 price objective (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 1st. Finally, Wells Fargo & Company reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $154.09.

In related news, insider John W. Keogh sold 48,245 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $147.25, for a total value of $7,104,076.25. Following the sale, the insider now directly owns 256,860 shares of the company’s stock, valued at $37,822,635. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Evan G. Greenberg sold 13,804 shares of the firm’s stock in a transaction dated Monday, June 12th. The shares were 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 directly owns 1,351,207 shares in the company, valued at $196,451,985.73. The disclosure for this sale can be found here. Insiders have sold a total of 219,827 shares of company stock worth $32,250,423 in the last quarter. Company 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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