D/B/A Chubb Limited New (CB) Shares Sold by TCW Group Inc.

TCW Group Inc. reduced its stake in D/B/A Chubb Limited New (NYSE:CB) by 8.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,171,238 shares of the financial services provider’s stock after selling 109,367 shares during the period. D/B/A Chubb Limited New comprises approximately 1.3% of TCW Group Inc.’s investment portfolio, making the stock its 25th largest position. TCW Group Inc. owned 0.25% of D/B/A Chubb Limited New worth $166,961,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in D/B/A Chubb Limited New by 2.4% during 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 period. BlackRock Inc. boosted its position in D/B/A Chubb Limited New by 1.4% during 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 period. State Street Corp boosted its position in D/B/A Chubb Limited New by 1.0% during 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 period. Bank of America Corp DE boosted its position in D/B/A Chubb Limited New by 1.5% during 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 period. Finally, Boston Partners boosted its position in D/B/A Chubb Limited New by 2.4% during the 2nd quarter. Boston Partners now owns 5,705,497 shares of the financial services provider’s stock worth $829,465,000 after buying an additional 131,832 shares during the period. Institutional investors own 86.93% of the company’s stock.

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D/B/A Chubb Limited New (NYSE CB) traded down $0.01 during trading hours on Tuesday, hitting $151.34. 1,065,300 shares of the stock traded hands, compared to its average volume of 1,416,793. The company has a market cap of $70,260.01, a price-to-earnings ratio of 19.99, a P/E/G ratio of 2.04 and a beta of 0.96. 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 12 month low of $124.10 and a 12 month high of $156.00.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings data on Thursday, October 26th. The financial services provider reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.11. The company had revenue of $7.36 billion during the quarter, compared to analyst estimates 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%. D/B/A Chubb Limited New’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.88 EPS. equities research analysts anticipate that D/B/A Chubb Limited New will post 7.44 EPS for the current fiscal year.

In other news, insider John J. Lupica sold 16,674 shares of D/B/A Chubb Limited New stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $152.02, for a total value of $2,534,781.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Bennett Medini sold 5,180 shares of D/B/A Chubb Limited New stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $150.48, for a total transaction of $779,486.40. Following the completion of the sale, the insider now owns 91,775 shares of the company’s stock, valued at approximately $13,810,302. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

Several equities research analysts recently commented on CB shares. Royal Bank Of Canada reiterated a “buy” rating and set a $165.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Tuesday, July 25th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $155.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday, July 27th. UBS AG cut their target price 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 research report on Tuesday, September 19th. Finally, ValuEngine downgraded shares of D/B/A Chubb Limited New from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $156.55.

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.

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

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