Baldwin Brothers Inc. MA reduced its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,989 shares of the financial services provider’s stock after selling 120 shares during the period. Baldwin Brothers Inc. MA’s holdings in D/B/A Chubb Limited New were worth $1,161,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Creative Planning raised its stake in shares of D/B/A Chubb Limited New by 5.1% in the second quarter. Creative Planning now owns 15,777 shares of the financial services provider’s stock worth $2,294,000 after buying an additional 760 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of D/B/A Chubb Limited New during the second quarter worth approximately $449,000. Pennsylvania Trust Co raised its stake in shares of D/B/A Chubb Limited New by 102.9% in the second quarter. Pennsylvania Trust Co now owns 33,310 shares of the financial services provider’s stock worth $4,843,000 after buying an additional 16,895 shares in the last quarter. Nepsis Capital Management Inc. raised its stake in shares of D/B/A Chubb Limited New by 1.6% in the second quarter. Nepsis Capital Management Inc. now owns 52,287 shares of the financial services provider’s stock worth $7,602,000 after buying an additional 836 shares in the last quarter. Finally, Confluence Investment Management LLC raised its stake in shares of D/B/A Chubb Limited New by 5.1% in the second quarter. Confluence Investment Management LLC now owns 709,603 shares of the financial services provider’s stock worth $103,162,000 after buying an additional 34,472 shares in the last quarter. 87.80% of the stock is owned by institutional investors and hedge funds.

Shares of D/B/A Chubb Limited New (NYSE CB) traded up 0.36% during trading on Tuesday, hitting $147.93. The stock had a trading volume of 271,663 shares. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $150.28. The firm has a market cap of $68.85 billion, a PE ratio of 13.00 and a beta of 0.91. The stock has a 50 day moving average of $146.43 and a 200 day moving average of $140.39.

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 the Thomson Reuters’ consensus estimate of $2.49 by $0.01. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate 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%. The firm’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.25 earnings per share. On average, equities analysts anticipate that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is currently 24.98%.

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A number of analysts have commented on the company. UBS AG reissued a “buy” rating and set a $161.00 price objective (up from $152.00) on shares of D/B/A Chubb Limited New in a report on Tuesday, August 1st. 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. Keefe, Bruyette & Woods reissued a “buy” rating and set a $155.00 price objective on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. Raymond James Financial, Inc. boosted their price objective on D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $165.00 price objective on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $154.09.

In other D/B/A Chubb Limited New news, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New 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 owns 1,360,382 shares of the company’s stock, valued at approximately $196,888,086.86. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $149.71, for a total transaction of $748,550.00. Following the completion of the sale, the insider now directly owns 100,822 shares of the company’s stock, valued at approximately $15,094,061.62. The disclosure for this sale can be found here. Insiders have sold 234,390 shares of company stock valued at $34,316,039 in the last three months. 0.43% of the stock is owned by 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.

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

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