First Financial Corp IN lowered its position in D/B/A Chubb Limited New (NYSE:CB) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 1,757 shares of the financial services provider’s stock after selling 2 shares during the period. First Financial Corp IN’s holdings in D/B/A Chubb Limited New were worth $255,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Capital Investment Advisors LLC increased its position in shares of D/B/A Chubb Limited New by 0.4% in the first quarter. Capital Investment Advisors LLC now owns 2,795 shares of the financial services provider’s stock worth $381,000 after buying an additional 12 shares during the period. Guardian Life Insurance Co. of America increased its position in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,795 shares of the financial services provider’s stock worth $245,000 after buying an additional 12 shares during the period. Keel Point LLC increased its position in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Keel Point LLC now owns 2,539 shares of the financial services provider’s stock worth $346,000 after buying an additional 17 shares during the period. Mackenzie Financial Corp increased its position in shares of D/B/A Chubb Limited New by 0.5% in the first quarter. Mackenzie Financial Corp now owns 4,144 shares of the financial services provider’s stock worth $565,000 after buying an additional 19 shares during the period. Finally, Rehmann Capital Advisory Group increased its position in shares of D/B/A Chubb Limited New by 1.0% in the first quarter. Rehmann Capital Advisory Group now owns 2,114 shares of the financial services provider’s stock worth $288,000 after buying an additional 20 shares during the period. 87.80% of the stock is currently owned by hedge funds and other institutional investors.

Shares of D/B/A Chubb Limited New (CB) traded up 0.30% during midday trading on Wednesday, reaching $148.42. The company had a trading volume of 258,148 shares. The firm has a market capitalization of $69.08 billion, a P/E ratio of 13.05 and a beta of 0.91. The company has a 50 day moving average price of $146.50 and a 200-day moving average price of $140.49. D/B/A Chubb Limited New has a one year low of $121.48 and a one year high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share 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 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 earned $2.25 EPS. D/B/A Chubb Limited New’s revenue was down .8% compared to the same quarter last year. On average, analysts anticipate that D/B/A Chubb Limited New will post $10.27 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors 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 1.92%. D/B/A Chubb Limited New’s dividend payout ratio is 24.98%.

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A number of brokerages have weighed in on CB. Royal Bank Of Canada reissued a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. BidaskClub raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $156.00 target price (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Thursday, July 6th. Finally, Wells Fargo & Company reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $154.09.

In other news, insider Paul J. Krump sold 14,563 shares of the business’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total transaction of $2,065,615.92. Following the completion of the transaction, the insider now directly owns 78,863 shares in the company, valued at approximately $11,185,927.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John W. Keogh sold 48,245 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $147.25, for a total transaction of $7,104,076.25. Following the transaction, the insider now owns 256,860 shares of the company’s stock, valued at $37,822,635. The disclosure for this sale can be found here. Insiders sold a total of 234,390 shares of company stock valued at $34,316,039 over the last quarter. 0.43% of the stock is 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.

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

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