Rhumbline Advisers lessened its stake in shares of D/B/A Chubb Limited New (NYSE:CB) by 0.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 806,893 shares of the financial services provider’s stock after selling 1,450 shares during the period. Rhumbline Advisers owned 0.17% of D/B/A Chubb Limited New worth $115,023,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Guardian Life Insurance Co. of America lifted its position in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,795 shares of the financial services provider’s stock valued at $245,000 after acquiring an additional 12 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of D/B/A Chubb Limited New by 0.4% in the second quarter. Kovitz Investment Group Partners LLC now owns 2,918 shares of the financial services provider’s stock valued at $424,000 after acquiring an additional 12 shares in the last quarter. Keel Point LLC lifted its position in shares of D/B/A Chubb Limited New by 0.7% in the first quarter. Keel Point LLC now owns 2,539 shares of the financial services provider’s stock valued at $346,000 after acquiring an additional 17 shares in the last quarter. Mackenzie Financial Corp lifted its position in shares of D/B/A Chubb Limited New by 0.5% in the first quarter. Mackenzie Financial Corp now owns 4,144 shares of the financial services provider’s stock valued at $565,000 after acquiring an additional 19 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its position in shares of D/B/A Chubb Limited New by 0.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,438 shares of the financial services provider’s stock valued at $354,000 after acquiring an additional 22 shares in the last quarter. Institutional investors and hedge funds own 86.93% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE:CB) traded down $0.29 during trading hours on Monday, reaching $151.35. The company had a trading volume of 1,016,000 shares, compared to its average volume of 1,418,405. D/B/A Chubb Limited New has a 52 week low of $124.10 and a 52 week high of $156.00. The company has a market capitalization of $70,260.01, a PE ratio of 19.99, a P/E/G ratio of 2.04 and a beta of 0.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30.

D/B/A Chubb Limited New (NYSE:CB) last posted its earnings results on Thursday, October 26th. The financial services provider reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.11. The company had revenue of $7.36 billion during the quarter, compared to analyst estimates of $7.14 billion. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. D/B/A Chubb Limited New’s revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.88 earnings per share. sell-side analysts anticipate that D/B/A Chubb Limited New will post 7.44 EPS for the current fiscal year.

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In related news, insider Paul Bennett Medini sold 5,180 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $150.48, for a total value of $779,486.40. Following the completion of the transaction, the insider now owns 91,775 shares in the company, valued at approximately $13,810,302. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John J. Lupica sold 16,674 shares of the firm’s stock in a transaction on Thursday, October 19th. The stock was sold at an average price of $152.02, for a total value of $2,534,781.48. The disclosure for this sale can be found here. Corporate insiders own 0.43% of the company’s stock.

A number of equities research analysts recently commented on CB shares. Zacks Investment Research downgraded D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 29th. Raymond James Financial, Inc. boosted 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 research report on Thursday, July 27th. Wells Fargo & Company reiterated a “buy” rating and issued a $164.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $165.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. D/B/A Chubb Limited New presently has an average rating of “Buy” and an average price target of $156.55.

D/B/A Chubb Limited New Profile

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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