Neville Rodie & Shaw Inc. lowered its position in D/B/A Chubb Limited New (NYSE:CB) by 0.5% during the first quarter, Holdings Channel reports. The firm owned 25,167 shares of the financial services provider’s stock after selling 130 shares during the period. Neville Rodie & Shaw Inc.’s holdings in D/B/A Chubb Limited New were worth $3,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CB. Lockheed Martin Investment Management Co. purchased a new position in D/B/A Chubb Limited New during the first quarter worth $1,185,000. Legacy Capital Partners Inc. increased its position in D/B/A Chubb Limited New by 17.8% in the first quarter. Legacy Capital Partners Inc. now owns 24,127 shares of the financial services provider’s stock worth $3,288,000 after buying an additional 3,645 shares during the period. Cooke & Bieler LP increased its position in D/B/A Chubb Limited New by 15.0% in the first quarter. Cooke & Bieler LP now owns 676,192 shares of the financial services provider’s stock worth $92,131,000 after buying an additional 87,983 shares during the period. Assetmark Inc. increased its position 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. Finally, AGF Investments America Inc. increased its position in D/B/A Chubb Limited New by 1.8% in the first quarter. AGF Investments America Inc. now owns 42,780 shares of the financial services provider’s stock worth $5,829,000 after buying an additional 746 shares during the period. Hedge funds and other institutional investors own 88.67% of the company’s stock.

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

Shares of D/B/A Chubb Limited New (NYSE CB) opened at 147.11 on Tuesday. D/B/A Chubb Limited New has a 52 week low of $121.08 and a 52 week high of $148.32. The stock has a market capitalization of $68.69 billion, a P/E ratio of 14.49 and a beta of 0.90. The firm’s 50-day moving average price is $141.39 and its 200 day moving average price is $136.31.

D/B/A Chubb Limited New (NYSE:CB) last issued its quarterly earnings data on Tuesday, April 25th. The financial services provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.06. The company had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.30 billion. D/B/A Chubb Limited New had a net margin of 14.88% and a return on equity of 10.09%. D/B/A Chubb Limited New’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.26 earnings per share. Analysts expect that D/B/A Chubb Limited New will post $10.30 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 21st. Shareholders of record on Friday, June 30th will be issued a $0.71 dividend. This is a positive change from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. This represents a $2.84 annualized dividend and a yield of 1.93%. The ex-dividend date is Wednesday, June 28th. D/B/A Chubb Limited New’s payout ratio is currently 27.22%.

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A number of research analysts have weighed in on the company. BidaskClub upgraded D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley upped their target price on D/B/A Chubb Limited New from $144.00 to $152.00 and gave the stock an “overweight” rating in a report on Friday, April 28th. Keefe, Bruyette & Woods reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Thursday, April 27th. Royal Bank Of Canada upped their target price on D/B/A Chubb Limited New from $140.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, April 27th. Finally, Wells Fargo & Company restated a “buy” rating on shares of D/B/A Chubb Limited New in a research note on Wednesday, April 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. D/B/A Chubb Limited New has a consensus rating of “Buy” and an average price target of $145.60.

In other D/B/A Chubb Limited New news, insider John W. Keogh sold 48,245 shares of D/B/A Chubb Limited New stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $147.25, for a total value of $7,104,076.25. Following the transaction, the insider now directly owns 256,860 shares of the company’s stock, valued at $37,822,635. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul J. Krump sold 14,563 shares of D/B/A Chubb Limited New stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $141.84, for a total transaction of $2,065,615.92. Following the completion of the transaction, the insider now directly owns 78,863 shares in the company, valued at $11,185,927.92. The disclosure for this sale can be found here. Insiders sold 145,787 shares of company stock worth $21,188,353 over the last ninety days. Corporate 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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