Stock Yards Bank & Trust Co. boosted its position in D/B/A Chubb Limited New (NYSE:CB) by 12.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,034 shares of the financial services provider’s stock after buying an additional 440 shares during the period. Stock Yards Bank & Trust Co.’s holdings in D/B/A Chubb Limited New were worth $587,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Point72 Asia Hong Kong Ltd bought a new stake in D/B/A Chubb Limited New during the first quarter valued at $101,000. Assetmark Inc. increased its stake in D/B/A Chubb Limited New by 2.4% in the first quarter. Assetmark Inc. now owns 1,166 shares of the financial services provider’s stock valued at $159,000 after buying an additional 27 shares during the last quarter. Pinnacle Bank bought a new stake in D/B/A Chubb Limited New during the first quarter valued at $168,000. Norway Savings Bank increased its stake in D/B/A Chubb Limited New by 9.9% in the first quarter. Norway Savings Bank now owns 1,322 shares of the financial services provider’s stock valued at $180,000 after buying an additional 119 shares during the last quarter. Finally, Independent Portfolio Consultants Inc. increased its stake in D/B/A Chubb Limited New by 63.0% in the second quarter. Independent Portfolio Consultants Inc. now owns 1,353 shares of the financial services provider’s stock valued at $197,000 after buying an additional 523 shares during the last quarter. Hedge funds and other institutional investors own 88.43% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE:CB) traded down 0.86% during midday trading on Friday, hitting $147.06. 735,093 shares of the company were exchanged. 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 has a one year low of $121.48 and a one year 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.

D/B/A Chubb Limited New (NYSE:CB) last announced its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.49 by $0.01. The business had revenue of $7.58 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the company posted $2.25 EPS. Equities research analysts anticipate that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.91%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is currently 24.98%.

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Several equities research analysts have recently 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 boosted their target price 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 reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Thursday, April 27th. Morgan Stanley boosted their target price 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 analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $154.09.

In related news, insider Paul J. Krump sold 14,563 shares of the stock in a transaction dated 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 sale, the insider now owns 78,863 shares in the company, valued at approximately $11,185,927.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Timothy Alan Boroughs sold 15,555 shares of the stock in a transaction dated 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 sale, the insider now owns 198,109 shares of the company’s stock, valued at approximately $29,026,930.68. The disclosure for this sale can be found here. Insiders have sold a total of 234,390 shares of company stock valued at $34,316,039 in the last quarter. 0.43% of the stock is currently owned by corporate 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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