NEXT Financial Group Inc lowered its stake in D/B/A Chubb Limited New (NYSE:CB) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,487 shares of the financial services provider’s stock after selling 100 shares during the period. NEXT Financial Group Inc’s holdings in D/B/A Chubb Limited New were worth $216,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Point72 Asia Hong Kong Ltd acquired a new stake in D/B/A Chubb Limited New during the first quarter worth approximately $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 worth $159,000 after buying an additional 27 shares during the period. Pinnacle Bank acquired a new stake in D/B/A Chubb Limited New during the first quarter worth approximately $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 worth $180,000 after buying an additional 119 shares during the period. Finally, SRS Capital Advisors Inc. increased its stake in D/B/A Chubb Limited New by 22.9% in the first quarter. SRS Capital Advisors Inc. now owns 1,361 shares of the financial services provider’s stock worth $185,000 after buying an additional 254 shares during the period. 87.80% of the stock is owned by hedge funds and other institutional investors.

D/B/A Chubb Limited New (CB) traded up 0.36% on Tuesday, hitting $147.93. The stock had a trading volume of 271,624 shares. D/B/A Chubb Limited New has a one year low of $121.48 and a one year high of $150.28. The company has a market cap of $68.85 billion, a PE ratio of 13.00 and a beta of 0.91. The stock has a 50-day moving average of $146.43 and a 200-day moving average of $140.39.

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 for the quarter, beating the Thomson Reuters’ consensus estimate of $2.49 by $0.01. The business had revenue of $7.58 billion during the quarter, compared to analyst estimates 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 revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.25 earnings per share. Equities analysts expect that D/B/A Chubb Limited New will post $10.27 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be issued a $0.71 dividend. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is 24.98%.

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CB has been the subject of a number of recent analyst reports. Morgan Stanley raised their target price on D/B/A Chubb Limited New from $144.00 to $152.00 and gave the company an “overweight” rating in a report on Friday, April 28th. Wells Fargo & Company reissued a “buy” rating on shares of D/B/A Chubb Limited New in a report on Wednesday, April 26th. Barclays PLC raised their target price on D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a report on Monday, July 3rd. Royal Bank Of Canada reissued a “buy” rating and issued a $153.00 target price on shares of D/B/A Chubb Limited New in a report on Wednesday, July 12th. Finally, BidaskClub raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. D/B/A Chubb Limited New currently 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 company’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $149.71, for a total transaction of $748,550.00. Following the completion of the sale, the insider now directly owns 100,822 shares of the company’s stock, valued at $15,094,061.62. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Evan G. Greenberg sold 13,804 shares of the company’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $145.39, for a total value of $2,006,963.56. Following the sale, the chief executive officer now directly owns 1,351,207 shares of the company’s stock, valued at $196,451,985.73. The disclosure for this sale can be found here. In the last 90 days, insiders sold 234,390 shares of company stock valued at $34,316,039. Insiders own 0.43% of the company’s stock.

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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