Virtu Financial LLC bought a new position in D/B/A Chubb Limited New (NYSE:CB) during the second quarter, Holdings Channel reports. The institutional investor bought 3,089 shares of the financial services provider’s stock, valued at approximately $449,000.

Several other institutional investors have also made changes to their positions in CB. Private Trust Co. NA increased its position in D/B/A Chubb Limited New by 1.1% in the first quarter. Private Trust Co. NA now owns 5,982 shares of the financial services provider’s stock valued at $814,000 after buying an additional 66 shares during the last quarter. BKD Wealth Advisors LLC increased its position in D/B/A Chubb Limited New by 7.5% in the first quarter. BKD Wealth Advisors LLC now owns 14,622 shares of the financial services provider’s stock valued at $1,992,000 after buying an additional 1,019 shares during the last quarter. Atria Investments LLC increased its position in D/B/A Chubb Limited New by 24.6% in the first quarter. Atria Investments LLC now owns 8,877 shares of the financial services provider’s stock valued at $1,210,000 after buying an additional 1,752 shares during the last quarter. Integrated Wealth Management increased its position in D/B/A Chubb Limited New by 5.3% in the first quarter. Integrated Wealth Management now owns 2,497 shares of the financial services provider’s stock valued at $340,000 after buying an additional 125 shares during the last quarter. Finally, Tompkins Financial Corp increased its position in D/B/A Chubb Limited New by 46.6% in the first quarter. Tompkins Financial Corp now owns 4,311 shares of the financial services provider’s stock valued at $514,000 after buying an additional 1,371 shares during the last quarter. Hedge funds and other institutional investors own 87.80% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE:CB) traded up 0.91% during midday trading on Monday, reaching $147.77. 352,260 shares of the company’s stock were exchanged. The stock has a market cap of $68.77 billion, a price-to-earnings ratio of 12.99 and a beta of 0.91. D/B/A Chubb Limited New has a one year low of $121.48 and a one year high of $150.28. The firm has a 50 day moving average of $146.35 and a 200-day moving average of $140.17.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. The company 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 revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.25 EPS. On average, equities research analysts anticipate that D/B/A Chubb Limited New will post $10.27 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be issued a $0.71 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.84 dividend on an annualized basis and a yield of 1.94%. D/B/A Chubb Limited New’s dividend payout ratio is currently 24.98%.

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CB has been the topic of several research analyst reports. Morgan Stanley upped their price objective on D/B/A Chubb Limited New from $144.00 to $152.00 and gave the company an “overweight” rating in a research note on Friday, April 28th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a research note on Wednesday, April 26th. Barclays PLC upped their price objective on D/B/A Chubb Limited New from $155.00 to $159.00 and gave the company an “overweight” rating in a research note on Monday, July 3rd. Royal Bank Of Canada reiterated a “buy” rating and issued a $153.00 price objective on shares of D/B/A Chubb Limited New in a research note on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a research note on Thursday, April 27th. One investment 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. The company currently has an average rating of “Buy” and an average target price of $154.09.

In other D/B/A Chubb Limited New news, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $144.73, for a total value of $10,011,697.75. Following the sale, the chief executive officer now directly owns 1,360,382 shares in the company, valued at approximately $196,888,086.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Philip V. Bancroft sold 47,049 shares of D/B/A Chubb Limited New stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $148.86, for a total transaction of $7,003,714.14. Following the completion of the sale, the insider now owns 344,560 shares in the company, valued at $51,291,201.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 234,390 shares of company stock worth $34,316,039. 0.43% of the stock is currently owned by 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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