Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of D/B/A Chubb Limited New (NYSE:CB) by 3.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,004 shares of the financial services provider’s stock after purchasing an additional 2,678 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in D/B/A Chubb Limited New were worth $10,692,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. BB&T Securities LLC raised its holdings in D/B/A Chubb Limited New by 18.7% during the first quarter. BB&T Securities LLC now owns 150,896 shares of the financial services provider’s stock worth $20,559,000 after acquiring an additional 23,773 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in shares of D/B/A Chubb Limited New by 0.4% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 15,016 shares of the financial services provider’s stock valued at $2,046,000 after buying an additional 60 shares during the period. ZWJ Investment Counsel Inc. lifted its position in D/B/A Chubb Limited New by 64.6% in the 1st quarter. ZWJ Investment Counsel Inc. now owns 4,399 shares of the financial services provider’s stock valued at $599,000 after acquiring an additional 1,726 shares in the last quarter. WMS Partners LLC lifted its position in shares of D/B/A Chubb Limited New by 20.4% during the 1st quarter. WMS Partners LLC now owns 1,945 shares of the financial services provider’s stock worth $265,000 after buying an additional 330 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its position in shares of D/B/A Chubb Limited New by 40.5% during the 1st quarter. Rafferty Asset Management LLC now owns 84,021 shares of the financial services provider’s stock worth $11,448,000 after buying an additional 24,222 shares in the last quarter. 87.02% of the stock is owned by hedge funds and other institutional investors.

CB has been the subject of a number of recent research reports. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $155.00 price objective on shares of D/B/A Chubb Limited New in a research note on Tuesday, August 29th. Wells Fargo & Company reiterated a “buy” rating and set a $164.00 price target on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. Citigroup Inc. increased their price target on shares of D/B/A Chubb Limited New from $160.00 to $170.00 and gave the company a “neutral” rating in a report on Thursday, July 13th. Zacks Investment Research upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Raymond James Financial, Inc. increased their price target on shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $156.55.

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In related news, insider Philip V. Bancroft sold 47,049 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $148.86, for a total transaction of $7,003,714.14. Following the sale, the insider now owns 344,560 shares of the company’s stock, valued at $51,291,201.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John J. Lupica sold 16,674 shares of the stock in a transaction that occurred on Thursday, October 19th. The stock was sold at an average price of $152.02, for a total value of $2,534,781.48. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE:CB) traded up $0.16 during midday trading on Monday, hitting $148.43. The stock had a trading volume of 206,092 shares, compared to its average volume of 1,487,978. The stock has a market capitalization of $68,830.20, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 1.99 and a beta of 0.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30. D/B/A Chubb Limited New has a twelve month low of $123.07 and a twelve month high of $156.00.

D/B/A Chubb Limited New (NYSE:CB) last released its earnings results on Thursday, October 26th. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.11. The firm had revenue of $7.36 billion for the quarter, compared to analyst estimates of $7.14 billion. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. The company’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.88 EPS. research analysts anticipate that D/B/A Chubb Limited New will post 7.44 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $2.84 annualized dividend and a dividend yield of 1.91%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 34.05%.

D/B/A Chubb Limited New 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.

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

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