Xact Kapitalforvaltning AB raised its stake in shares of D/B/A Chubb Limited New (NYSE:CB) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,803 shares of the financial services provider’s stock after buying an additional 348 shares during the period. Xact Kapitalforvaltning AB’s holdings in D/B/A Chubb Limited New were worth $10,875,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. increased its position 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 valued at $3,938,050,000 after buying an additional 27,931,997 shares during the last quarter. Vanguard Group Inc. increased its position 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 valued at $4,698,178,000 after buying an additional 1,863,310 shares during the last quarter. American Century Companies Inc. increased its position in shares of D/B/A Chubb Limited New by 25.4% in the first quarter. American Century Companies Inc. now owns 4,278,548 shares of the financial services provider’s stock valued at $582,952,000 after buying an additional 867,114 shares during the last quarter. Karp Capital Management Corp increased its position in shares of D/B/A Chubb Limited New by 2,344.9% in the first quarter. Karp Capital Management Corp now owns 418,512 shares of the financial services provider’s stock valued at $57,022,000 after buying an additional 401,394 shares during the last quarter. Finally, Swiss National Bank increased its position in shares of D/B/A Chubb Limited New by 25.0% in the first quarter. Swiss National Bank now owns 1,822,220 shares of the financial services provider’s stock valued at $248,277,000 after buying an additional 364,000 shares during the last quarter. Institutional investors and hedge funds own 88.43% of the company’s stock.

D/B/A Chubb Limited New (CB) traded down 0.5226% during midday trading on Thursday, hitting $148.5098. The company had a trading volume of 284,308 shares. D/B/A Chubb Limited New has a 1-year low of $121.48 and a 1-year high of $148.95. The company has a 50 day moving average price of $146.28 and a 200 day moving average price of $140.01. The firm has a market capitalization of $69.12 billion, a P/E ratio of 13.0558 and a beta of 0.91.

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 consensus estimate of $2.49 by $0.01. The business 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 company’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business earned $2.25 earnings per share. Equities research analysts forecast that D/B/A Chubb Limited New will post $10.27 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.90%. D/B/A Chubb Limited New’s dividend payout ratio is presently 24.98%.

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Several equities analysts have recently commented on CB shares. Morgan Stanley boosted 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 report on Friday, April 28th. Wells Fargo & Company restated a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Wednesday, April 26th. Barclays PLC boosted 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 report on Monday, July 3rd. Keefe, Bruyette & Woods restated a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Thursday, April 27th. Finally, Royal Bank Of Canada boosted their price objective on D/B/A Chubb Limited New from $140.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, April 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $154.09.

In other news, insider Timothy Alan Boroughs sold 15,555 shares of the stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $146.52, for a total value of $2,279,118.60. Following the sale, the insider now directly owns 198,109 shares in the company, valued at $29,026,930.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Paul J. Krump sold 14,563 shares of the stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total transaction of $2,065,615.92. Following the completion of the sale, the insider now owns 78,863 shares in the company, valued at $11,185,927.92. The disclosure for this sale can be found here. Insiders sold 187,341 shares of company stock worth $27,312,325 over the last quarter. Company 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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