MV Capital Management Inc. boosted its stake in D/B/A Chubb Limited New (NYSE:CB) by 6.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,897 shares of the financial services provider’s stock after buying an additional 178 shares during the period. MV Capital Management Inc.’s holdings in D/B/A Chubb Limited New were worth $421,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Point72 Asia Hong Kong Ltd purchased a new stake in shares of D/B/A Chubb Limited New during the first quarter valued at $101,000. Assetmark Inc. boosted its stake in shares of 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 valued at $159,000 after buying an additional 27 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of D/B/A Chubb Limited New by 22.9% in the first quarter. SRS Capital Advisors Inc. now owns 1,361 shares of the financial services provider’s stock valued at $185,000 after buying an additional 254 shares in the last quarter. Independent Portfolio Consultants Inc. boosted its stake in shares of D/B/A Chubb Limited New by 63.0% in the second quarter. Independent Portfolio Consultants Inc. now owns 1,353 shares of the financial services provider’s stock valued at $197,000 after buying an additional 523 shares in the last quarter. Finally, Boltwood Capital Management purchased a new stake in shares of D/B/A Chubb Limited New during the second quarter valued at $200,000. Institutional investors and hedge funds own 87.80% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE CB) opened at 145.33 on Tuesday. The stock has a market capitalization of $67.64 billion, a PE ratio of 12.78 and a beta of 0.91. The company’s 50 day moving average price is $146.62 and its 200-day moving average price is $140.94. D/B/A Chubb Limited New has a 52 week low of $121.48 and a 52 week high of $150.28.

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, topping the Zacks’ consensus estimate of $2.49 by $0.01. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.06 billion. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. D/B/A Chubb Limited New’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the business earned $2.25 EPS. Equities research analysts predict that D/B/A Chubb Limited New will post $10.27 EPS for the current year.

The firm 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 dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 24.98%.

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Several brokerages have weighed in on CB. Citigroup Inc. upped their target price on D/B/A Chubb Limited New from $160.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, July 13th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Tuesday, July 25th. Zacks Investment Research upgraded D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Raymond James Financial, Inc. upped their target price on D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, UBS AG reiterated a “buy” rating and issued a $161.00 target price (up from $152.00) on shares of D/B/A Chubb Limited New in a report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $154.09.

In other D/B/A Chubb Limited New news, insider Philip V. Bancroft sold 47,049 shares of D/B/A Chubb Limited New stock in a transaction dated Wednesday, August 9th. The stock was 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 directly owns 344,560 shares of the company’s stock, valued at approximately $51,291,201.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New stock in a transaction dated Tuesday, June 6th. The stock was 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 of the company’s stock, valued at $196,888,086.86. The disclosure for this sale can be found here. Insiders have sold a total of 234,390 shares of company stock valued at $34,316,039 over the last ninety days. 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.

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

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