Omnia Family Wealth LLC grew its stake in D/B/A Chubb Limited New (NYSE:CB) by 8.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,533 shares of the financial services provider’s stock after acquiring an additional 116 shares during the period. Omnia Family Wealth LLC’s holdings in D/B/A Chubb Limited New were worth $224,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Point72 Asia Hong Kong Ltd purchased a new stake in shares of D/B/A Chubb Limited New in the 1st quarter valued at approximately $101,000. Manchester Capital Management LLC purchased a new stake in shares of D/B/A Chubb Limited New in the 2nd quarter valued at approximately $106,000. Assetmark Inc. raised its stake in shares of D/B/A Chubb Limited New by 2.4% in the 1st quarter. Assetmark Inc. now owns 1,166 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 27 shares during the period. SRS Capital Advisors Inc. raised its stake in shares of D/B/A Chubb Limited New by 22.9% in the 1st quarter. SRS Capital Advisors Inc. now owns 1,361 shares of the financial services provider’s stock valued at $185,000 after acquiring an additional 254 shares during the period. Finally, Shine Investment Advisory Services Inc. purchased a new stake in shares of D/B/A Chubb Limited New in the 2nd quarter valued at approximately $185,000. 86.93% of the stock is currently owned by institutional investors and hedge funds.

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Shares of D/B/A Chubb Limited New (CB) traded up 3.34% during midday trading on Monday, hitting $145.56. 1,146,053 shares of the company’s stock were exchanged. The stock has a market cap of $67.75 billion, a PE ratio of 12.80 and a beta of 0.92. The stock’s 50 day moving average is $144.84 and its 200-day moving average is $141.63. D/B/A Chubb Limited New has a 1-year low of $121.48 and a 1-year high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 16.68% and a return on equity of 10.18%. D/B/A Chubb Limited New’s revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.25 earnings per share. Analysts predict that D/B/A Chubb Limited New will post $10.25 earnings per share for the current fiscal year.

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

A number of equities research analysts have recently issued reports on the stock. UBS AG reissued a “buy” rating and issued a $161.00 price target (up from $152.00) on shares of D/B/A Chubb Limited New in a research note on Tuesday, August 1st. Zacks Investment Research raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Royal Bank Of Canada reissued a “buy” rating and issued a $165.00 price target on shares of D/B/A Chubb Limited New in a research note on Thursday, July 27th. Citigroup Inc. boosted their price target on shares of D/B/A Chubb Limited New from $160.00 to $170.00 and gave the company a “neutral” rating in a research note on Thursday, July 13th. Finally, BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Saturday, June 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $154.09.

In other news, insider Timothy Alan Boroughs sold 15,555 shares of D/B/A Chubb Limited New stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $146.52, for a total transaction of $2,279,118.60. Following the sale, the insider now owns 198,109 shares in the company, valued at $29,026,930.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 that occurred on Thursday, June 15th. The shares were sold at an average price of $147.25, for a total transaction of $7,104,076.25. Following the sale, the insider now owns 256,860 shares in the company, valued at approximately $37,822,635. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,848 shares of company stock worth $20,231,762. 0.43% of the stock is currently owned by corporate insiders.

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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