D/B/A Chubb Limited New (NYSE:CB) Stake Increased by Puzo Michael J

Puzo Michael J boosted its position in shares of D/B/A Chubb Limited New (NYSE:CB) by 3.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,630 shares of the financial services provider’s stock after acquiring an additional 1,035 shares during the quarter. D/B/A Chubb Limited New accounts for 2.6% of Puzo Michael J’s portfolio, making the stock its 17th biggest holding. Puzo Michael J’s holdings in D/B/A Chubb Limited New were worth $5,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Meiji Yasuda Asset Management Co Ltd. increased its position in 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 worth $3,600,000 after buying an additional 1,060 shares in the last quarter. Genesee Valley Trust Co. boosted its stake 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 worth $1,551,000 after acquiring an additional 1,351 shares during the period. Swiss National Bank boosted its stake 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 worth $272,838,000 after acquiring an additional 54,500 shares during the period. Dai Ichi Life Insurance Company Ltd boosted its stake in shares of D/B/A Chubb Limited New by 4.3% in the first quarter. Dai Ichi Life Insurance Company Ltd now owns 98,762 shares of the financial services provider’s stock worth $13,456,000 after acquiring an additional 4,046 shares during the period. Finally, Alpha Cubed Investments LLC boosted its stake 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 worth $13,253,000 after acquiring an additional 11,166 shares during the period. Institutional investors and hedge funds own 86.93% of the company’s stock.

In other D/B/A Chubb Limited New 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 transaction of $779,486.40. Following the transaction, the insider now directly owns 91,775 shares in the company, valued at approximately $13,810,302. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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. Over the last quarter, insiders sold 50,584 shares of company stock worth $7,663,990. Company insiders own 0.43% of the company’s stock.

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Shares of D/B/A Chubb Limited New (NYSE:CB) opened at $150.69 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.23. D/B/A Chubb Limited New has a fifty-two week low of $124.10 and a fifty-two week high of $156.00. The firm has a market capitalization of $70,255.36, a P/E ratio of 19.99, a PEG ratio of 2.03 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) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.11. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. The firm had revenue of $7.36 billion for the quarter, compared to the consensus estimate of $7.14 billion. During the same period in the prior year, the business posted $2.88 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts anticipate that D/B/A Chubb Limited New will post 7.44 EPS for the current year.

A number of research firms have recently weighed in on CB. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $155.00 price objective on shares of D/B/A Chubb Limited New in a research note on Thursday, July 27th. Royal Bank Of Canada reissued a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a research note on Thursday, July 27th. ValuEngine lowered D/B/A Chubb Limited New from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. UBS AG dropped 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 research note on Tuesday, September 19th. Finally, J P Morgan Chase & Co raised D/B/A Chubb Limited New from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $156.55.

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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