Mn Services Vermogensbeheer B.V. Increases Holdings in D/B/A Chubb Limited New (CB)

Mn Services Vermogensbeheer B.V. raised its stake in D/B/A Chubb Limited New (NYSE:CB) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,003 shares of the financial services provider’s stock after acquiring an additional 1,100 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in D/B/A Chubb Limited New were worth $10,977,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CB. Vanguard Group Inc. increased its holdings in shares of D/B/A Chubb Limited New by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 35,320,686 shares of the financial services provider’s stock worth $5,134,923,000 after buying an additional 838,652 shares during the last quarter. BlackRock Inc. increased its holdings in shares of D/B/A Chubb Limited New by 1.4% in the 2nd quarter. BlackRock Inc. now owns 29,312,701 shares of the financial services provider’s stock worth $4,261,481,000 after buying an additional 409,574 shares during the last quarter. FMR LLC increased its holdings in shares of D/B/A Chubb Limited New by 1.0% in the 1st quarter. FMR LLC now owns 29,155,749 shares of the financial services provider’s stock worth $3,972,471,000 after buying an additional 294,867 shares during the last quarter. State Street Corp increased its holdings in shares of D/B/A Chubb Limited New by 1.0% in the 1st quarter. State Street Corp now owns 22,102,116 shares of the financial services provider’s stock worth $3,011,419,000 after buying an additional 212,643 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of D/B/A Chubb Limited New by 1.5% in the 1st quarter. Bank of America Corp DE now owns 9,794,936 shares of the financial services provider’s stock worth $1,334,559,000 after buying an additional 145,358 shares during the last quarter. Institutional investors own 87.02% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This report was published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another publication, it was copied illegally and reposted in violation of international copyright & trademark legislation. The original version of this report can be read at https://www.com-unik.info/2017/11/06/mn-services-vermogensbeheer-b-v-increases-holdings-in-dba-chubb-limited-new-cb.html.

In other D/B/A Chubb Limited New news, insider Philip V. Bancroft sold 47,049 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $148.86, for a total value 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider John J. Lupica sold 16,674 shares of the business’s stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $152.02, for a total transaction of $2,534,781.48. The disclosure for this sale can be found here. 0.43% of the stock is owned by insiders.

A number of research firms have recently weighed in on CB. Keefe, Bruyette & Woods restated a “buy” rating and issued a $153.00 target price on shares of D/B/A Chubb Limited New in a report on Sunday, October 29th. Citigroup Inc. boosted their target price on shares of D/B/A Chubb Limited New from $167.00 to $173.00 and gave the stock a “neutral” rating in a report on Monday, October 30th. UBS AG boosted their target price on shares of D/B/A Chubb Limited New from $160.00 to $169.00 and gave the stock a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Friday. Finally, ValuEngine downgraded shares of D/B/A Chubb Limited New from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $156.55.

Shares of D/B/A Chubb Limited New (NYSE:CB) traded up $0.16 during trading hours on Monday, reaching $148.43. 206,092 shares of the company traded hands, compared to its average volume of 1,487,978. The company has a market cap of $68,830.20, a P/E ratio of 19.59, a price-to-earnings-growth ratio of 1.99 and a beta of 0.96. D/B/A Chubb Limited New has a one year low of $123.07 and a one year high of $156.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.30 and a quick ratio of 0.30.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, September 29th were given a $0.71 dividend. The ex-dividend date was Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 1.91%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 34.05%.

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.

Want to see what other hedge funds are holding CB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D/B/A Chubb Limited New (NYSE:CB).

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

What are top analysts saying about D/B/A Chubb Limited New? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for D/B/A Chubb Limited New and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit