Bradley Foster & Sargent Inc. CT boosted its position in D/B/A Chubb Limited New (NYSE:CB) by 9.4% during the third quarter, Holdings Channel reports. The institutional investor owned 150,816 shares of the company’s stock after buying an additional 12,930 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in D/B/A Chubb Limited New were worth $18,950,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Enterprise Financial Services Corp increased its stake in D/B/A Chubb Limited New by 1.8% in the third quarter. Enterprise Financial Services Corp now owns 941 shares of the company’s stock worth $118,000 after buying an additional 17 shares in the last quarter. FNY Managed Accounts LLC increased its stake in D/B/A Chubb Limited New by 31.6% in the second quarter. FNY Managed Accounts LLC now owns 987 shares of the company’s stock worth $129,000 after buying an additional 237 shares in the last quarter. Cable Hill Partners LLC increased its stake in D/B/A Chubb Limited New by 4.6% in the second quarter. Cable Hill Partners LLC now owns 1,010 shares of the company’s stock worth $133,000 after buying an additional 44 shares in the last quarter. Pinkerton Retirement Specialists LLC purchased a new stake in D/B/A Chubb Limited New during the second quarter worth $169,000. Finally, Hanson McClain Inc. increased its stake in D/B/A Chubb Limited New by 1.5% in the second quarter. Hanson McClain Inc. now owns 1,472 shares of the company’s stock worth $192,000 after buying an additional 22 shares in the last quarter. 86.18% of the stock is owned by institutional investors.

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

D/B/A Chubb Limited New (NYSE:CB) opened at 129.79 on Friday. The company has a market cap of $60.40 billion, a PE ratio of 17.39 and a beta of 0.84. The firm has a 50-day moving average price of $131.11 and a 200-day moving average price of $127.38. D/B/A Chubb Limited New has a 52-week low of $106.82 and a 52-week high of $133.89.

D/B/A Chubb Limited New (NYSE:CB) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.30. The company earned $7.57 billion during the quarter, compared to the consensus estimate of $7.36 billion. D/B/A Chubb Limited New had a return on equity of 9.88% and a net margin of 11.20%. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.37 EPS. On average, analysts forecast that D/B/A Chubb Limited New will post $9.79 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 20th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.69 per share. The ex-dividend date of this dividend is Wednesday, December 28th. This represents a $2.76 annualized dividend and a dividend yield of 2.13%. D/B/A Chubb Limited New’s payout ratio is 36.90%.

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A number of equities research analysts have recently weighed in on the company. Zacks Investment Research raised D/B/A Chubb Limited New from a “hold” rating to a “buy” rating and set a $148.00 target price for the company in a report on Tuesday, December 13th. Goldman Sachs Group, Inc. (The) downgraded D/B/A Chubb Limited New from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $140.00 to $133.00 in a report on Tuesday, November 15th. Citigroup Inc. assumed coverage on D/B/A Chubb Limited New in a report on Tuesday, November 22nd. They set a “buy” rating and a $147.00 target price for the company. Barclays PLC reissued a “buy” rating on shares of D/B/A Chubb Limited New in a report on Friday, November 18th. Finally, William Blair downgraded D/B/A Chubb Limited New from a “market perform” rating to an “underperform” rating in a report on Thursday, November 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $134.07.

In other news, EVP Sean Ringsted sold 4,000 shares of the stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $126.50, for a total transaction of $506,000.00. Following the completion of the transaction, the executive vice president now owns 150,192 shares in the company, valued at approximately $18,999,288. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Evan G. Greenberg sold 132,219 shares of the stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $132.97, for a total value of $17,581,160.43. Following the transaction, the chief executive officer now owns 1,487,338 shares of the company’s stock, valued at approximately $197,771,333.86. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

D/B/A Chubb Limited New Company Profile

Chubb Limited (Chubb), formerly ACE Limited, is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products to insureds across the world. The Company’s segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

5 Day Chart for NYSE:CB

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