Cabot Wealth Management Inc. reduced its position in D/B/A Chubb Limited New (NYSE:CB) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,658 shares of the financial services provider’s stock after selling 641 shares during the period. D/B/A Chubb Limited New makes up 1.5% of Cabot Wealth Management Inc.’s investment portfolio, making the stock its 21st largest holding. Cabot Wealth Management Inc.’s holdings in D/B/A Chubb Limited New were worth $6,794,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Meiji Yasuda Asset Management Co Ltd. lifted its position in D/B/A Chubb Limited New by 4.5% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 24,765 shares of the financial services provider’s stock worth $3,600,000 after buying an additional 1,060 shares during the last quarter. Genesee Valley Trust Co. increased its stake in shares of D/B/A Chubb Limited New by 14.5% during the second quarter. Genesee Valley Trust Co. now owns 10,669 shares of the financial services provider’s stock valued at $1,551,000 after buying an additional 1,351 shares during the period. Swiss National Bank increased its stake in shares of D/B/A Chubb Limited New by 3.0% during the second quarter. Swiss National Bank now owns 1,876,720 shares of the financial services provider’s stock valued at $272,838,000 after buying an additional 54,500 shares during the period. Alpha Cubed Investments LLC increased its stake in shares of D/B/A Chubb Limited New by 14.0% during the second quarter. Alpha Cubed Investments LLC now owns 91,159 shares of the financial services provider’s stock valued at $13,253,000 after buying an additional 11,166 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of D/B/A Chubb Limited New by 1.9% during the first quarter. Fifth Third Bancorp now owns 284,381 shares of the financial services provider’s stock valued at $38,747,000 after buying an additional 5,245 shares during the period. Institutional investors and hedge funds own 87.02% of the company’s stock.

Several brokerages recently weighed in on CB. 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 research note on Thursday, July 27th. Royal Bank Of Canada reissued a “buy” rating and issued a $165.00 target price on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. J P Morgan Chase & Co raised D/B/A Chubb Limited New from a “neutral” rating to an “overweight” rating in a report on Wednesday. ValuEngine downgraded D/B/A Chubb Limited New from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Finally, UBS AG lowered their target price on D/B/A Chubb Limited New from $161.00 to $160.00 and set a “buy” rating on the stock in a report on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $156.55.

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Shares of D/B/A Chubb Limited New (NYSE CB) traded down $0.29 on Friday, reaching $151.35. The company’s stock had a trading volume of 1,016,000 shares, compared to its average volume of 1,577,997. D/B/A Chubb Limited New has a 12 month low of $124.10 and a 12 month high of $156.00. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.23. The firm has a market cap of $70,260.00, a PE ratio of 19.99, a P/E/G ratio of 2.03 and a beta of 0.96.

D/B/A Chubb Limited New (NYSE:CB) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.11. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. The business had revenue of $7.36 billion during the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the previous year, the firm posted $2.88 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. equities research analysts predict that D/B/A Chubb Limited New will post 7.44 EPS for the current fiscal year.

In other D/B/A Chubb Limited New news, insider John J. Lupica sold 16,674 shares of the business’s stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $152.02, for a total transaction of $2,534,781.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.43% of the stock is owned by insiders.

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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Institutional Ownership by Quarter for D/B/A Chubb Limited New (NYSE:CB)

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