Edgestream Partners L.P. decreased its holdings in D/B/A Chubb Limited New (NYSE:CB) by 7.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,478 shares of the financial services provider’s stock after selling 338 shares during the quarter. Edgestream Partners L.P.’s holdings in D/B/A Chubb Limited New were worth $651,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CB. Oregon Public Employees Retirement Fund raised its holdings in D/B/A Chubb Limited New by 0.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 48,748 shares of the financial services provider’s stock worth $6,642,000 after purchasing an additional 200 shares during the period. Linscomb & Williams Inc. raised its holdings in D/B/A Chubb Limited New by 9.8% in the 1st quarter. Linscomb & Williams Inc. now owns 23,648 shares of the financial services provider’s stock worth $3,222,000 after purchasing an additional 2,105 shares during the period. Cadence Bank NA raised its holdings in D/B/A Chubb Limited New by 5.1% in the 1st quarter. Cadence Bank NA now owns 2,196 shares of the financial services provider’s stock worth $299,000 after purchasing an additional 106 shares during the period. Tocqueville Asset Management L.P. raised its holdings in D/B/A Chubb Limited New by 1.1% in the 1st quarter. Tocqueville Asset Management L.P. now owns 13,906 shares of the financial services provider’s stock worth $1,895,000 after purchasing an additional 156 shares during the period. Finally, Wright Investors Service Inc. raised its holdings in D/B/A Chubb Limited New by 8.2% in the 1st quarter. Wright Investors Service Inc. now owns 3,441 shares of the financial services provider’s stock worth $469,000 after purchasing an additional 260 shares during the period. 86.93% of the stock is owned by institutional investors.

In related news, CEO Evan G. Greenberg sold 13,804 shares of D/B/A Chubb Limited New stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $145.39, for a total transaction of $2,006,963.56. Following the completion of the transaction, the chief executive officer now directly owns 1,351,207 shares in the company, valued at approximately $196,451,985.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John W. Keogh sold 20,999 shares of D/B/A Chubb Limited New stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $147.45, for a total value of $3,096,302.55. Following the transaction, the insider now owns 234,103 shares of the company’s stock, valued at $34,518,487.35. The disclosure for this sale can be found here. Insiders have sold a total of 150,652 shares of company stock valued at $22,238,725 over the last 90 days. Insiders own 0.43% of the company’s stock.

A number of equities analysts recently weighed in on CB shares. Citigroup Inc. upped their price target on D/B/A Chubb Limited New from $160.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, July 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $155.00 price target on shares of D/B/A Chubb Limited New in a report on Tuesday, August 29th. Zacks Investment Research raised 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, Barclays PLC increased their target price 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. One equities research 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’s stock. D/B/A Chubb Limited New presently has a consensus rating of “Buy” and a consensus price target of $154.09.

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Shares of D/B/A Chubb Limited New (NYSE CB) opened at 140.85 on Friday. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $150.28. The stock has a market capitalization of $65.55 billion, a price-to-earnings 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 (NYSE:CB) last issued its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $0.01. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The firm had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.06 billion. During the same period in the previous year, the firm posted $2.25 EPS. The company’s quarterly revenue was down .8% compared to the same quarter last year. On average, equities research analysts predict that D/B/A Chubb Limited New will post $10.26 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors 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 annualized dividend and a dividend yield of 2.02%. D/B/A Chubb Limited New’s dividend payout ratio is currently 24.98%.

D/B/A Chubb Limited New 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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