Capital Analysts LLC Raises Stock Holdings in Chubb Limited (NYSE:CB)

Capital Analysts LLC boosted its holdings in Chubb Limited (NYSE:CB) by 419.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 514 shares of the financial services provider’s stock after buying an additional 415 shares during the quarter. Capital Analysts LLC’s holdings in Chubb were worth $116,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CB. Wellington Management Group LLP grew its stake in shares of Chubb by 0.8% during the 3rd quarter. Wellington Management Group LLP now owns 18,522,413 shares of the financial services provider’s stock valued at $3,855,996,000 after acquiring an additional 138,142 shares during the period. Deutsche Bank AG grew its stake in shares of Chubb by 426.8% during the 3rd quarter. Deutsche Bank AG now owns 16,119,520 shares of the financial services provider’s stock valued at $3,355,762,000 after acquiring an additional 13,059,385 shares during the period. Moneta Group Investment Advisors LLC grew its stake in shares of Chubb by 102,751.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,289,814 shares of the financial services provider’s stock valued at $1,828,733,000 after acquiring an additional 8,281,754 shares during the period. Geode Capital Management LLC grew its stake in shares of Chubb by 0.8% during the 1st quarter. Geode Capital Management LLC now owns 7,833,334 shares of the financial services provider’s stock valued at $1,517,747,000 after acquiring an additional 60,630 shares during the period. Finally, Wells Fargo & Company MN grew its stake in shares of Chubb by 1.4% during the 2nd quarter. Wells Fargo & Company MN now owns 5,929,199 shares of the financial services provider’s stock valued at $1,141,727,000 after acquiring an additional 80,892 shares during the period. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Insiders Place Their Bets

In other Chubb news, EVP Timothy Alan Boroughs sold 14,303 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $258.78, for a total value of $3,701,330.34. Following the sale, the executive vice president now owns 35,662 shares in the company, valued at $9,228,612.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, EVP Timothy Alan Boroughs sold 14,303 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $258.78, for a total transaction of $3,701,330.34. Following the transaction, the executive vice president now owns 35,662 shares of the company’s stock, valued at approximately $9,228,612.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider John J. Lupica sold 34,464 shares of the stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total value of $8,923,418.88. Following the transaction, the insider now directly owns 130,937 shares in the company, valued at approximately $33,902,208.04. The disclosure for this sale can be found here. Insiders have sold a total of 116,043 shares of company stock worth $29,766,694 over the last quarter. Company insiders own 0.86% of the company’s stock.

Chubb Stock Performance

NYSE:CB opened at $245.39 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.29 and a current ratio of 0.29. The stock’s fifty day moving average is $252.45 and its 200 day moving average is $233.88. Chubb Limited has a fifty-two week low of $183.71 and a fifty-two week high of $260.58. The firm has a market capitalization of $99.63 billion, a PE ratio of 11.24, a PEG ratio of 1.16 and a beta of 0.62.

Chubb (NYSE:CB) last released its earnings results on Tuesday, January 30th. The financial services provider reported $8.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.07 by $3.23. Chubb had a return on equity of 16.45% and a net margin of 18.11%. The business had revenue of $13.38 billion for the quarter, compared to analyst estimates of $12.88 billion. On average, sell-side analysts anticipate that Chubb Limited will post 21.13 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Friday, March 15th were paid a $0.86 dividend. The ex-dividend date was Thursday, March 14th. This represents a $3.44 dividend on an annualized basis and a yield of 1.40%. Chubb’s payout ratio is 15.76%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Roth Mkm boosted their price objective on Chubb from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Keefe, Bruyette & Woods boosted their price objective on Chubb from $275.00 to $297.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. BMO Capital Markets upped their price target on Chubb from $220.00 to $240.00 and gave the stock a “market perform” rating in a research note on Monday, February 5th. HSBC restated a “hold” rating and issued a $270.00 price target (down from $275.00) on shares of Chubb in a research note on Thursday, April 4th. Finally, Citigroup restated a “neutral” rating and issued a $275.00 price target (up from $238.00) on shares of Chubb in a research note on Thursday, March 14th. Nine equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Chubb has a consensus rating of “Moderate Buy” and a consensus target price of $266.37.

Chubb Profile

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.