Robeco Institutional Asset Management B.V. decreased its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 7.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 211,912 shares of the financial services provider’s stock after selling 16,640 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in D/B/A Chubb Limited New were worth $30,807,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of D/B/A Chubb Limited New by 5.7% in the first quarter. Vanguard Group Inc. now owns 34,482,034 shares of the financial services provider’s stock worth $4,698,178,000 after buying an additional 1,863,310 shares in the last quarter. FMR LLC raised its stake in shares of D/B/A Chubb Limited New by 1.0% in the first quarter. FMR LLC now owns 29,155,749 shares of the financial services provider’s stock worth $3,972,471,000 after buying an additional 294,867 shares in the last quarter. BlackRock Inc. raised its stake in shares of D/B/A Chubb Limited New by 2,876.2% in the first quarter. BlackRock Inc. now owns 28,903,127 shares of the financial services provider’s stock worth $3,938,050,000 after buying an additional 27,931,997 shares in the last quarter. State Street Corp raised its stake in shares of D/B/A Chubb Limited New by 1.0% in the first quarter. State Street Corp now owns 22,102,116 shares of the financial services provider’s stock worth $3,011,419,000 after buying an additional 212,643 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of D/B/A Chubb Limited New by 1.5% in the first quarter. Bank of America Corp DE now owns 9,794,936 shares of the financial services provider’s stock worth $1,334,559,000 after buying an additional 145,358 shares in the last quarter. Institutional investors and hedge funds own 86.92% of the company’s stock.

D/B/A Chubb Limited New (NYSE:CB) opened at 140.49 on Friday. The company has a market cap of $65.39 billion, a P/E ratio of 12.35 and a beta of 0.92. 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 50-day moving average of $145.86 and a 200 day moving average of $141.50.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $2.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.49 by $0.01. The company had revenue of $7.58 billion for the quarter, compared to analyst estimates 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 was down .8% on a year-over-year basis. During the same quarter last year, the business earned $2.25 earnings per share. Analysts anticipate that D/B/A Chubb Limited New will post $10.24 earnings per share for the current year.

The company also recently declared 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. The ex-dividend date is Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 2.02%. D/B/A Chubb Limited New’s dividend payout ratio is presently 24.98%.

TRADEMARK VIOLATION NOTICE: “Robeco Institutional Asset Management B.V. Reduces Position in D/B/A Chubb Limited New (CB)” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/robeco-institutional-asset-management-b-v-reduces-position-in-dba-chubb-limited-new-cb/1537608.html.

A number of brokerages have recently issued reports on CB. Keefe, Bruyette & Woods reissued a “buy” rating and set a $155.00 price objective on shares of D/B/A Chubb Limited New in a research report on Tuesday. Barclays PLC boosted their price objective on shares of D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a research report on Monday, July 3rd. Royal Bank Of Canada reissued a “buy” rating and set a $153.00 price objective on shares of D/B/A Chubb Limited New in a research report on Wednesday, July 12th. 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. Finally, Morgan Stanley reissued an “overweight” rating and set a $156.00 price objective (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. D/B/A Chubb Limited New currently has a consensus rating of “Buy” and a consensus price target of $154.09.

In related news, insider Timothy Alan Boroughs sold 15,555 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were 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 in the company, valued at $29,026,930.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Evan G. Greenberg sold 69,175 shares of the firm’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following 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 have sold 219,827 shares of company stock worth $32,250,423. 0.43% of the stock is owned by company 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.

Want to see what other hedge funds are holding CB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D/B/A Chubb Limited New (NYSE:CB).

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

Receive News & Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related companies with Analyst Ratings Network's FREE daily email newsletter.