D/B/A Chubb Limited New (CB) Stake Lessened by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC reduced its holdings in D/B/A Chubb Limited New (NYSE:CB) by 81.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,746 shares of the financial services provider’s stock after selling 16,713 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in D/B/A Chubb Limited New were worth $545,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Point72 Asia Hong Kong Ltd acquired a new position in D/B/A Chubb Limited New in the first quarter valued at approximately $101,000. Assetmark Inc. lifted its holdings 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 valued at $159,000 after buying an additional 27 shares during the period. Shine Investment Advisory Services Inc. acquired a new position in D/B/A Chubb Limited New in the second quarter valued at approximately $185,000. Independent Portfolio Consultants Inc. lifted its holdings in 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 during the period. Finally, SRS Capital Advisors Inc. lifted its holdings in 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 during the period. Institutional investors and hedge funds own 86.60% of the company’s stock.

In related news, insider Juan C. Andrade sold 5,000 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.71, for a total transaction of $748,550.00. Following the transaction, the insider now owns 100,822 shares in the company, valued at approximately $15,094,061.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Timothy Alan Boroughs sold 15,555 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $146.52, for a total transaction of $2,279,118.60. Following the transaction, the insider now owns 198,109 shares in the company, valued at approximately $29,026,930.68. The disclosure for this sale can be found here. Insiders have sold a total of 67,604 shares of company stock worth $10,031,383 in the last quarter. 0.43% of the stock is owned by corporate insiders.

Shares of D/B/A Chubb Limited New (NYSE CB) opened at 142.59 on Friday. The firm has a market capitalization of $66.36 billion, a price-to-earnings ratio of 12.54 and a beta of 0.92. The company’s 50 day moving average is $144.64 and its 200-day moving average is $141.93. D/B/A Chubb Limited New has a one year low of $121.48 and a one year 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 the Zacks’ consensus estimate of $2.49 by $0.01. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The company had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.06 billion. During the same quarter in the previous year, the company earned $2.25 EPS. D/B/A Chubb Limited New’s quarterly revenue was down .8% compared to the same quarter last year. Equities 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 dividend of $0.71 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.99%. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.

Several equities analysts recently weighed in on the stock. UBS AG cut their price objective on shares of D/B/A Chubb Limited New from $161.00 to $160.00 and set a “buy” rating on the stock in a report on Tuesday. Zacks Investment Research upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Monday, July 31st. 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 report on Thursday, July 27th. Citigroup Inc. increased their target price on shares of 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. Finally, BidaskClub upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. One 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. The company presently has an average rating of “Buy” and an average target price of $154.00.

TRADEMARK VIOLATION WARNING: “D/B/A Chubb Limited New (CB) Stake Lessened by Thompson Siegel & Walmsley LLC” was reported by BBNS and is the property of of BBNS. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://baseballnewssource.com/markets/thompson-siegel-walmsley-llc-reduces-stake-in-dba-chubb-limited-new-cb/1604474.html.

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.

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

Receive News & Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related companies with our FREE daily email newsletter.

 


Latest News

American League Once Again Dominates National League
American League Once Again Dominates National League
Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22


Leave a Reply

 
© 2006-2017 BBNS.