Strategy Asset Managers LLC reduced its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 3.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,377 shares of the financial services provider’s stock after selling 821 shares during the period. Strategy Asset Managers LLC’s holdings in D/B/A Chubb Limited New were worth $3,253,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Dai Ichi Life Insurance Company Ltd raised its position in D/B/A Chubb Limited New by 4.3% in the first quarter. Dai Ichi Life Insurance Company Ltd now owns 98,762 shares of the financial services provider’s stock worth $13,456,000 after buying an additional 4,046 shares in the last quarter. Alpha Cubed Investments LLC raised its position in D/B/A Chubb Limited New by 14.0% in the second quarter. Alpha Cubed Investments LLC now owns 91,159 shares of the financial services provider’s stock worth $13,253,000 after buying an additional 11,166 shares in the last quarter. Wayne Hummer Investments L.L.C. purchased a new position in D/B/A Chubb Limited New during the first quarter worth approximately $536,000. Fifth Third Bancorp raised its position in D/B/A Chubb Limited New by 1.9% in the first quarter. Fifth Third Bancorp now owns 284,381 shares of the financial services provider’s stock worth $38,747,000 after buying an additional 5,245 shares in the last quarter. Finally, Putnam FL Investment Management Co. raised its position in D/B/A Chubb Limited New by 25.7% in the first quarter. Putnam FL Investment Management Co. now owns 21,465 shares of the financial services provider’s stock worth $2,925,000 after buying an additional 4,385 shares in the last quarter. 86.92% of the stock is currently owned by institutional investors.

D/B/A Chubb Limited New (NYSE CB) opened at 141.16 on Thursday. The firm has a market cap of $65.70 billion, a P/E ratio of 12.41 and a beta of 0.91. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. The company’s 50-day moving average is $146.38 and its 200 day moving average is $141.17.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.01%. The ex-dividend date is Thursday, September 28th. D/B/A Chubb Limited New’s dividend payout ratio is presently 24.98%.

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A number of equities analysts recently issued reports on the stock. Citigroup Inc. boosted their target price on shares of D/B/A Chubb Limited New from $160.00 to $170.00 and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Zacks Investment Research raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $155.00 target price on shares of D/B/A Chubb Limited New in a research report on Tuesday. 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, Barclays PLC boosted their target price on shares of D/B/A Chubb Limited New from $155.00 to $159.00 and gave the stock an “overweight” rating in a research report on Monday, July 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $154.09.

In other D/B/A Chubb Limited New news, CEO Evan G. Greenberg sold 13,804 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $196,451,985.73. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Evan G. Greenberg sold 69,175 shares of the stock in a transaction that occurred on 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 owns 1,360,382 shares of the company’s stock, valued at approximately $196,888,086.86. The disclosure for this sale can be found here. Insiders have sold a total of 219,827 shares of company stock valued at $32,250,423 over the last 90 days. 0.43% of the stock is currently owned by company 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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