Brown Advisory Inc. Increases Holdings in D/B/A Chubb Limited New (CB)

Brown Advisory Inc. boosted its holdings in shares of D/B/A Chubb Limited New (NYSE:CB) by 15.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,094 shares of the financial services provider’s stock after acquiring an additional 10,515 shares during the period. Brown Advisory Inc.’s holdings in D/B/A Chubb Limited New were worth $10,991,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of D/B/A Chubb Limited New by 4.5% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 24,765 shares of the financial services provider’s stock valued at $3,600,000 after buying an additional 1,060 shares during the last quarter. Genesee Valley Trust Co. raised its position in shares of D/B/A Chubb Limited New by 14.5% in the second quarter. Genesee Valley Trust Co. now owns 10,669 shares of the financial services provider’s stock valued at $1,551,000 after buying an additional 1,351 shares during the last quarter. Swiss National Bank raised its position in shares of D/B/A Chubb Limited New by 3.0% in the second quarter. Swiss National Bank now owns 1,876,720 shares of the financial services provider’s stock valued at $272,838,000 after buying an additional 54,500 shares during the last quarter. Alpha Cubed Investments LLC raised its position in shares of D/B/A Chubb Limited New by 14.0% in the second quarter. Alpha Cubed Investments LLC now owns 91,159 shares of the financial services provider’s stock valued at $13,253,000 after buying an additional 11,166 shares during the last quarter. Finally, Stanley Laman Group Ltd. raised its position in shares of D/B/A Chubb Limited New by 0.6% in the second quarter. Stanley Laman Group Ltd. now owns 5,236 shares of the financial services provider’s stock valued at $761,000 after buying an additional 32 shares during the last quarter. Institutional investors own 88.31% of the company’s stock.

D/B/A Chubb Limited New (NYSE:CB) opened at $151.64 on Monday. D/B/A Chubb Limited New has a 52-week low of $127.15 and a 52-week high of $156.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30. The company has a market cap of $70,394.63, a P/E ratio of 20.03, a P/E/G ratio of 2.09 and a beta of 0.96.

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, topping the consensus estimate of ($0.24) by $0.11. D/B/A Chubb Limited New had a net margin of 12.15% and a return on equity of 7.22%. The firm had revenue of $7.36 billion during the quarter, compared to analyst estimates of $7.14 billion. During the same quarter in the prior year, the business posted $2.88 earnings per share. D/B/A Chubb Limited New’s revenue for the quarter was up 4.6% compared to the same quarter last year. equities research analysts expect that D/B/A Chubb Limited New will post 7.26 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, December 29th will be given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.87%. The ex-dividend date is Thursday, December 28th. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 34.05%.

In other D/B/A Chubb Limited New news, insider John J. Lupica sold 16,674 shares of the business’s stock in a transaction that occurred on Thursday, October 19th. The shares were sold at an average price of $152.02, for a total transaction of $2,534,781.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Bennett Medini sold 5,180 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $150.48, for a total transaction of $779,486.40. Following the sale, the insider now owns 91,775 shares of the company’s stock, valued at $13,810,302. The disclosure for this sale can be found here. Insiders have sold 50,584 shares of company stock valued at $7,663,990 in the last ninety days. 0.43% of the stock is currently owned by company insiders.

CB has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of 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 reissued a “buy” rating and issued a $155.00 price objective on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 29th. Wells Fargo & Company reissued a “buy” rating and issued a $164.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. J P Morgan Chase & Co raised shares of D/B/A Chubb Limited New from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 8th. Finally, Citigroup boosted their price objective on shares of D/B/A Chubb Limited New from $167.00 to $173.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. D/B/A Chubb Limited New presently has an average rating of “Buy” and an average target price of $160.09.

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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.

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

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