731 Shares in D/B/A Chubb Limited New (CB) Acquired by Manchester Capital Management LLC

Manchester Capital Management LLC acquired a new stake in D/B/A Chubb Limited New (NYSE:CB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 731 shares of the financial services provider’s stock, valued at approximately $106,000.

Several other hedge funds have also recently bought and sold shares of CB. Lourd Capital LLC acquired a new stake in shares of D/B/A Chubb Limited New in the first quarter valued at approximately $236,000. Vigilant Capital Management LLC boosted its holdings in shares of D/B/A Chubb Limited New by 0.8% in the first quarter. Vigilant Capital Management LLC now owns 53,097 shares of the financial services provider’s stock valued at $7,234,000 after acquiring an additional 410 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of D/B/A Chubb Limited New by 0.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 48,748 shares of the financial services provider’s stock valued at $6,642,000 after acquiring an additional 200 shares during the period. Linscomb & Williams Inc. lifted its holdings in shares of D/B/A Chubb Limited New by 9.8% during the first quarter. Linscomb & Williams Inc. now owns 23,648 shares of the financial services provider’s stock worth $3,222,000 after purchasing an additional 2,105 shares during the period. Finally, Cadence Bank NA lifted its holdings in shares of D/B/A Chubb Limited New by 5.1% during the first quarter. Cadence Bank NA now owns 2,196 shares of the financial services provider’s stock worth $299,000 after purchasing an additional 106 shares during the period. 86.60% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently weighed in on CB. UBS AG decreased their price target on D/B/A Chubb Limited New from $161.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $155.00 price target on shares of D/B/A Chubb Limited New in a report on Tuesday, August 29th. Zacks Investment Research raised 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. increased their price target 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, Royal Bank Of Canada reaffirmed a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine 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 target price of $154.00.

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D/B/A Chubb Limited New (CB) opened at 142.59 on Friday. The stock has a market cap of $66.36 billion, a PE ratio of 12.54 and a beta of 0.92. The stock has a 50 day moving average price of $144.64 and a 200-day moving average price of $141.93. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last released its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. The business had revenue of $7.58 billion for 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 quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. On average, analysts expect that D/B/A Chubb Limited New will post $10.24 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, September 28th. D/B/A Chubb Limited New’s dividend payout ratio is currently 24.98%.

In related 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 transaction, the insider now owns 344,560 shares in the company, valued at $51,291,201.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $149.71, for a total value of $748,550.00. Following the transaction, the insider now owns 100,822 shares of the company’s stock, valued at approximately $15,094,061.62. The disclosure for this sale can be found here. Insiders have sold 67,604 shares of company stock valued at $10,031,383 in the last quarter. 0.43% of the stock is currently owned by corporate insiders.

D/B/A Chubb Limited New Company 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.

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

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