Advisor Group Inc. raised its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 16.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,164 shares of the financial services provider’s stock after buying an additional 3,140 shares during the quarter. Advisor Group Inc.’s holdings in D/B/A Chubb Limited New were worth $3,116,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Guardian Life Insurance Co. of America grew its holdings in D/B/A Chubb Limited New by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,795 shares of the financial services provider’s stock valued at $245,000 after buying an additional 12 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in D/B/A Chubb Limited New by 0.4% during the 2nd quarter. Kovitz Investment Group Partners LLC now owns 2,918 shares of the financial services provider’s stock valued at $424,000 after buying an additional 12 shares in the last quarter. Keel Point LLC grew its holdings in D/B/A Chubb Limited New by 0.7% during the 1st quarter. Keel Point LLC now owns 2,539 shares of the financial services provider’s stock valued at $346,000 after buying an additional 17 shares in the last quarter. Mackenzie Financial Corp grew its holdings in D/B/A Chubb Limited New by 0.5% during the 1st quarter. Mackenzie Financial Corp now owns 4,144 shares of the financial services provider’s stock valued at $565,000 after buying an additional 19 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in D/B/A Chubb Limited New by 0.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,438 shares of the financial services provider’s stock valued at $354,000 after buying an additional 22 shares in the last quarter. Institutional investors and hedge funds own 86.60% of the company’s stock.

In other news, insider Timothy Alan Boroughs sold 15,555 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $146.52, for a total value of $2,279,118.60. Following the completion of the sale, the insider now directly owns 198,109 shares in the company, valued at $29,026,930.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Philip V. Bancroft sold 47,049 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $148.86, for a total value of $7,003,714.14. Following the completion of the sale, the insider now owns 344,560 shares of the company’s stock, valued at $51,291,201.60. The disclosure for this sale can be found here. Insiders sold 67,604 shares of company stock valued at $10,031,383 over the last 90 days. Company insiders own 0.43% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE CB) opened at 142.59 on Monday. D/B/A Chubb Limited New has a 1-year low of $121.48 and a 1-year high of $150.28. The stock has a 50 day moving average price of $144.64 and a 200 day moving average price of $141.93. The company has a market capitalization of $66.36 billion, a price-to-earnings ratio of 12.54 and a beta of 0.92.

D/B/A Chubb Limited New (NYSE:CB) last posted its quarterly earnings results 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. The business had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.06 billion. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The business’s revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.25 earnings per share. On average, equities analysts anticipate that D/B/A Chubb Limited New will post $10.24 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be given a $0.71 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.99%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 24.98%.

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CB has been the subject of several research analyst reports. BidaskClub upgraded D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Barclays PLC raised their price target 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. Morgan Stanley restated an “overweight” rating and set a $156.00 price target (up previously from $152.00) on shares of D/B/A Chubb Limited New in a report on Thursday, July 6th. Royal Bank Of Canada restated a “buy” rating and set a $153.00 price target on shares of D/B/A Chubb Limited New in a report on Wednesday, July 12th. Finally, Citigroup Inc. raised their price target on 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. One research 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. D/B/A Chubb Limited New currently has a consensus rating of “Buy” and an average target price of $154.00.

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.

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

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