Traders purchased shares of D/B/A Chubb Limited New (NYSE:CB) on weakness during trading hours on Wednesday. $73.16 million flowed into the stock on the tick-up and $43.67 million flowed out of the stock on the tick-down, for a money net flow of $29.49 million into the stock. Of all equities tracked, D/B/A Chubb Limited New had the 26th highest net in-flow for the day. D/B/A Chubb Limited New traded down ($2.46) for the day and closed at $144.55

CB has been the topic of several research reports. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. Wells Fargo & Company reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a report on Tuesday, July 25th. 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 Thursday, July 27th. UBS AG reaffirmed a “buy” rating and issued a $161.00 price target (up previously from $152.00) on shares of D/B/A Chubb Limited New in a report on Tuesday, August 1st. Finally, 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company’s stock. D/B/A Chubb Limited New has an average rating of “Buy” and a consensus target price of $154.09.

The stock has a market cap of $67.28 billion, a P/E ratio of 12.71 and a beta of 0.92. The stock’s 50 day moving average is $144.87 and its 200 day moving average is $141.75.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The firm had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.06 billion. During the same period last year, the firm earned $2.25 earnings per share. The business’s revenue for the quarter was down .8% on a year-over-year basis. On average, analysts anticipate that D/B/A Chubb Limited New will post $10.25 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be paid a $0.71 dividend. 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 1.96%. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.

In other D/B/A Chubb Limited New news, insider John W. Keogh sold 20,999 shares of the stock in a transaction on Friday, June 16th. The shares were sold at an average price of $147.45, for a total value of $3,096,302.55. Following the sale, the insider now directly owns 234,103 shares in the company, valued at $34,518,487.35. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Philip V. Bancroft sold 47,049 shares of the stock in a transaction on 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 completion of the sale, the insider now owns 344,560 shares in the company, valued at $51,291,201.60. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 136,848 shares of company stock worth $20,231,762. Insiders own 0.43% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of CB. Tocqueville Asset Management L.P. raised its holdings in D/B/A Chubb Limited New by 1.1% in the first 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. Wright Investors Service Inc. raised its holdings in shares of D/B/A Chubb Limited New by 8.2% during the first quarter. Wright Investors Service Inc. now owns 3,441 shares of the financial services provider’s stock worth $469,000 after acquiring an additional 260 shares during the period. Advisory Services Network LLC acquired a new stake in shares of D/B/A Chubb Limited New during the first quarter worth $576,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of D/B/A Chubb Limited New by 3.7% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 79,504 shares of the financial services provider’s stock worth $10,832,000 after acquiring an additional 2,804 shares during the period. Finally, Usca Ria LLC raised its holdings in shares of D/B/A Chubb Limited New by 34.3% during the first quarter. Usca Ria LLC now owns 9,093 shares of the financial services provider’s stock worth $1,239,000 after acquiring an additional 2,323 shares during the period. Institutional investors own 86.93% of the company’s stock.

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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.

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