D/B/A Chubb Limited New (CB) Stake Boosted by River Wealth Advisors LLC

River Wealth Advisors LLC boosted its stake in D/B/A Chubb Limited New (NYSE:CB) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,044 shares of the financial services provider’s stock after acquiring an additional 440 shares during the quarter. D/B/A Chubb Limited New accounts for 1.2% of River Wealth Advisors LLC’s portfolio, making the stock its 21st largest position. River Wealth Advisors LLC’s holdings in D/B/A Chubb Limited New were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in 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 valued at $5,134,923,000 after acquiring an additional 838,652 shares in the last quarter. BlackRock Inc. lifted its position in 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 valued at $4,261,481,000 after acquiring an additional 409,574 shares in the last quarter. State Street Corp lifted its position in 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 valued at $3,011,419,000 after acquiring an additional 212,643 shares in the last quarter. Bank of America Corp DE lifted its position in 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 valued at $1,334,559,000 after acquiring an additional 145,358 shares in the last quarter. Finally, Boston Partners lifted its position in D/B/A Chubb Limited New by 2.4% in the 2nd quarter. Boston Partners now owns 5,705,497 shares of the financial services provider’s stock valued at $829,465,000 after acquiring an additional 131,832 shares in the last quarter. 86.93% of the stock is currently owned by institutional investors and hedge funds.

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Shares of D/B/A Chubb Limited New (CB) traded down $0.01 during trading hours on Tuesday, reaching $151.34. 1,065,300 shares of the company’s stock traded hands, compared to its average volume of 1,416,793. The company has a market cap of $70,260.01, a PE ratio of 19.99, a PEG ratio of 2.04 and a beta of 0.96. D/B/A Chubb Limited New has a 52-week low of $124.10 and a 52-week high of $156.00. 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 (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, topping the consensus estimate of ($0.24) by $0.11. The company had revenue of $7.36 billion for 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 period in the previous year, the business earned $2.88 EPS. research analysts expect that D/B/A Chubb Limited New will post 7.44 EPS for the current year.

Several research firms recently commented on CB. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $153.00 price objective on shares of D/B/A Chubb Limited New in a research report on Sunday, October 29th. Citigroup Inc. 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. UBS AG boosted their price objective on shares of D/B/A Chubb Limited New from $160.00 to $169.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. 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, Zacks Investment Research raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $156.55.

In other news, insider Paul Bennett Medini sold 5,180 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were 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 can be accessed through the SEC website. Also, insider John J. Lupica sold 16,674 shares of the business’s stock in a transaction dated Thursday, October 19th. The stock was 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.

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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