American Financial Group Inc. held its position in D/B/A Chubb Limited New (NYSE:CB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,734 shares of the financial services provider’s stock at the end of the second quarter. D/B/A Chubb Limited New accounts for 1.5% of American Financial Group Inc.’s holdings, making the stock its 29th largest position. American Financial Group Inc.’s holdings in D/B/A Chubb Limited New were worth $15,372,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its position in D/B/A Chubb Limited New by 2,876.2% in the first quarter. BlackRock Inc. now owns 28,903,127 shares of the financial services provider’s stock valued at $3,938,050,000 after buying an additional 27,931,997 shares during the last quarter. Vanguard Group Inc. boosted its stake in D/B/A Chubb Limited New by 5.7% in the first quarter. Vanguard Group Inc. now owns 34,482,034 shares of the financial services provider’s stock worth $4,698,178,000 after buying an additional 1,863,310 shares during the period. American Century Companies Inc. boosted its stake in D/B/A Chubb Limited New by 25.4% in the first quarter. American Century Companies Inc. now owns 4,278,548 shares of the financial services provider’s stock worth $582,952,000 after buying an additional 867,114 shares during the period. Karp Capital Management Corp boosted its stake in D/B/A Chubb Limited New by 2,344.9% in the first quarter. Karp Capital Management Corp now owns 418,512 shares of the financial services provider’s stock worth $57,022,000 after buying an additional 401,394 shares during the period. Finally, Swiss National Bank boosted its stake in D/B/A Chubb Limited New by 25.0% in the first quarter. Swiss National Bank now owns 1,822,220 shares of the financial services provider’s stock worth $248,277,000 after buying an additional 364,000 shares during the period. 86.92% of the stock is currently owned by institutional investors and hedge funds.

Shares of D/B/A Chubb Limited New (CB) opened at 141.89 on Wednesday. The company has a 50 day moving average of $146.38 and a 200-day moving average of $141.17. D/B/A Chubb Limited New has a one year low of $121.48 and a one year high of $150.28. The firm has a market cap of $66.04 billion, a price-to-earnings ratio of 12.47 and a beta of 0.91.

D/B/A Chubb Limited New (NYSE:CB) last announced its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.06 billion. During the same period in the previous year, the business posted $2.25 earnings per share. D/B/A Chubb Limited New’s revenue for the quarter was down .8% on a year-over-year basis. On average, analysts expect that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The business also recently announced 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 is Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 2.00%. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.

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A number of equities research analysts have issued reports on CB shares. Citigroup Inc. upped 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 report on Thursday, July 13th. Zacks Investment Research upgraded shares of 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 shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday, July 27th. Barclays PLC upped their price target on shares of 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. Finally, UBS AG restated a “buy” rating and set a $161.00 price target (up from $152.00) on shares of D/B/A Chubb Limited New in a report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $154.09.

In other news, CEO Evan G. Greenberg sold 69,175 shares of the business’s stock in a transaction that occurred on Tuesday, June 6th. The shares were 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 directly owns 1,360,382 shares in the company, valued at approximately $196,888,086.86. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Evan G. Greenberg sold 13,804 shares of the business’s 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 sale, the chief executive officer now owns 1,351,207 shares of the company’s stock, valued at $196,451,985.73. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 219,827 shares of company stock valued at $32,250,423. 0.43% of the stock is currently owned by company insiders.

About D/B/A Chubb Limited New

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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