Great West Life Assurance Co. Can decreased its stake in D/B/A Chubb Limited New (NYSE:CB) by 35.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,132 shares of the financial services provider’s stock after selling 55,891 shares during the period. Great West Life Assurance Co. Can’s holdings in D/B/A Chubb Limited New were worth $14,667,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Capital Investment Advisors LLC boosted its position in 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 last quarter. Somerset Trust Co boosted its position in D/B/A Chubb Limited New by 2.1% in the first quarter. Somerset Trust Co now owns 13,459 shares of the financial services provider’s stock worth $1,833,000 after buying an additional 273 shares during the last quarter. Reilly Financial Advisors LLC boosted its position in D/B/A Chubb Limited New by 1.9% in the first quarter. Reilly Financial Advisors LLC now owns 78,319 shares of the financial services provider’s stock worth $10,671,000 after buying an additional 1,439 shares during the last quarter. Portland Global Advisors LLC boosted its position in D/B/A Chubb Limited New by 1.0% in the first quarter. Portland Global Advisors LLC now owns 8,445 shares of the financial services provider’s stock worth $1,151,000 after buying an additional 80 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. boosted its position in D/B/A Chubb Limited New by 1.5% in the first quarter. Beese Fulmer Investment Management Inc. now owns 42,380 shares of the financial services provider’s stock worth $5,774,000 after buying an additional 634 shares during the last quarter. Institutional investors own 87.80% of the company’s stock.

Shares of D/B/A Chubb Limited New (CB) opened at 147.40 on Tuesday. The company has a 50-day moving average of $146.43 and a 200 day moving average of $140.39. D/B/A Chubb Limited New has a 12-month low of $121.48 and a 12-month high of $150.28. The firm has a market capitalization of $68.60 billion, a PE ratio of 12.96 and a beta of 0.91.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $0.01. The business 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 net margin of 16.68% and a return on equity of 10.18%. D/B/A Chubb Limited New’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter last year, the company posted $2.25 earnings per share. On average, analysts predict that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be paid a $0.71 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.84 annualized dividend and a dividend yield of 1.93%. D/B/A Chubb Limited New’s payout ratio is 24.98%.

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CB has been the topic of a number of recent research reports. 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. Wells Fargo & Company reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Wednesday, April 26th. Barclays PLC boosted their target price on shares of D/B/A Chubb Limited New from $155.00 to $159.00 and gave the stock an “overweight” rating in a research report on Monday, July 3rd. Royal Bank Of Canada reissued a “buy” rating and set a $153.00 target price on shares of D/B/A Chubb Limited New in a research report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Thursday, April 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $154.09.

In other news, insider Juan C. Andrade sold 5,000 shares of the firm’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.71, for a total value of $748,550.00. Following the sale, the insider now owns 100,822 shares in the company, valued at $15,094,061.62. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Evan G. Greenberg sold 69,175 shares of the firm’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following the completion of the sale, the chief executive officer now owns 1,360,382 shares in the company, valued at approximately $196,888,086.86. The disclosure for this sale can be found here. In the last 90 days, insiders sold 234,390 shares of company stock worth $34,316,039. 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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