BKD Wealth Advisors LLC lowered its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 0.1% during the second quarter, Holdings Channel reports. The institutional investor owned 14,605 shares of the financial services provider’s stock after selling 17 shares during the period. BKD Wealth Advisors LLC’s holdings in D/B/A Chubb Limited New were worth $2,123,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CB. Creative Planning increased its stake in D/B/A Chubb Limited New by 6.7% in the first quarter. Creative Planning now owns 15,017 shares of the financial services provider’s stock worth $2,046,000 after buying an additional 947 shares in the last quarter. Murphy Capital Management Inc. increased its stake in D/B/A Chubb Limited New by 4.2% in the first quarter. Murphy Capital Management Inc. now owns 1,855 shares of the financial services provider’s stock worth $252,000 after buying an additional 75 shares in the last quarter. E&G Advisors LP purchased a new stake in D/B/A Chubb Limited New during the first quarter worth $327,000. Bank of Montreal Can increased its stake in D/B/A Chubb Limited New by 45.2% in the first quarter. Bank of Montreal Can now owns 520,438 shares of the financial services provider’s stock worth $70,910,000 after buying an additional 162,017 shares in the last quarter. Finally, Regentatlantic Capital LLC increased its stake in D/B/A Chubb Limited New by 4.2% in the first quarter. Regentatlantic Capital LLC now owns 25,927 shares of the financial services provider’s stock worth $3,533,000 after buying an additional 1,047 shares in the last quarter. 88.43% of the stock is owned by institutional investors and hedge funds.

Shares of D/B/A Chubb Limited New (NYSE CB) traded down 0.86% during midday trading on Friday, hitting $147.06. The stock had a trading volume of 735,293 shares. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. The stock has a market cap of $68.44 billion, a PE ratio of 12.93 and a beta of 0.91. The stock’s 50-day moving average is $146.33 and its 200-day moving average is $140.07.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. The firm had revenue of $7.58 billion for the quarter, compared to the consensus estimate 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 company’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $2.25 earnings per share. Equities analysts anticipate that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.91%. D/B/A Chubb Limited New’s payout ratio is currently 24.98%.

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A number of analysts have weighed in on CB shares. Wells Fargo & Company reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Wednesday, April 26th. Royal Bank Of Canada raised their price objective on shares of D/B/A Chubb Limited New from $140.00 to $153.00 and gave the stock an “outperform” rating in a research report on Thursday, April 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Thursday, April 27th. Morgan Stanley raised their price objective on shares of D/B/A Chubb Limited New from $144.00 to $152.00 and gave the stock an “overweight” rating in a research report on Friday, April 28th. Finally, BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $154.09.

In other news, insider Timothy Alan Boroughs sold 15,555 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $146.52, for a total transaction of $2,279,118.60. Following the transaction, the insider now directly owns 198,109 shares of the company’s stock, valued at $29,026,930.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Paul J. Krump sold 14,563 shares of the company’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total value of $2,065,615.92. Following the transaction, the insider now directly owns 78,863 shares in the company, valued at $11,185,927.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 234,390 shares of company stock worth $34,316,039. Corporate insiders own 0.43% of the company’s stock.

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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