Schroder Investment Management Group lowered its position in D/B/A Chubb Limited New (NYSE:CB) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 715,814 shares of the financial services provider’s stock after selling 41,028 shares during the period. Schroder Investment Management Group owned about 0.15% of D/B/A Chubb Limited New worth $103,772,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Guardian Life Insurance Co. of America increased its holdings in D/B/A Chubb Limited New by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,795 shares of the financial services provider’s stock worth $245,000 after purchasing an additional 12 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in D/B/A Chubb Limited New by 0.4% during the 2nd quarter. Kovitz Investment Group Partners LLC now owns 2,918 shares of the financial services provider’s stock worth $424,000 after purchasing an additional 12 shares in the last quarter. Keel Point LLC increased its holdings in D/B/A Chubb Limited New by 0.7% during the 1st quarter. Keel Point LLC now owns 2,539 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 17 shares in the last quarter. Mackenzie Financial Corp increased its holdings in D/B/A Chubb Limited New by 0.5% during the 1st quarter. Mackenzie Financial Corp now owns 4,144 shares of the financial services provider’s stock worth $565,000 after purchasing an additional 19 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in D/B/A Chubb Limited New by 0.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,438 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 22 shares in the last quarter. Institutional investors and hedge funds own 86.93% of the company’s stock.

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

In other news, CEO Evan G. Greenberg sold 13,804 shares of the business’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $145.39, for a total transaction of $2,006,963.56. Following the completion of the sale, the chief executive officer now directly owns 1,351,207 shares of the company’s stock, valued at $196,451,985.73. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Philip V. Bancroft sold 47,049 shares of the business’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $148.86, for a total transaction of $7,003,714.14. Following the sale, the insider now directly owns 344,560 shares of the company’s stock, valued at $51,291,201.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 150,652 shares of company stock valued at $22,238,725. 0.43% of the stock is currently owned by insiders.

D/B/A Chubb Limited New (CB) opened at 140.85 on Friday. The company has a market cap of $65.55 billion, a PE ratio of 12.38 and a beta of 0.92. The stock has a 50 day moving average price of $144.90 and a 200 day moving average price of $141.57. D/B/A Chubb Limited New has a one year low of $121.48 and a one year high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last posted its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 EPS for the quarter, topping the consensus estimate of $2.49 by $0.01. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.06 billion. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The firm’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share. On average, equities analysts anticipate that D/B/A Chubb Limited New will post $10.26 EPS for the current fiscal year.

The firm also recently announced 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. This represents a $2.84 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.

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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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