Chubb Limited (NYSE:CB) Shares Acquired by Capital Analysts LLC

Capital Analysts LLC lifted its holdings in shares of Chubb Limited (NYSE:CB) by 419.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Wellington Management Group LLP raised 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 worth $3,855,996,000 after buying an additional 138,142 shares during the period. Deutsche Bank AG increased its position in shares of Chubb by 426.8% during the third quarter. Deutsche Bank AG now owns 16,119,520 shares of the financial services provider’s stock worth $3,355,762,000 after purchasing an additional 13,059,385 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Chubb by 102,751.3% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 8,289,814 shares of the financial services provider’s stock worth $1,828,733,000 after purchasing an additional 8,281,754 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Chubb by 0.8% during the first quarter. Geode Capital Management LLC now owns 7,833,334 shares of the financial services provider’s stock worth $1,517,747,000 after purchasing an additional 60,630 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Chubb by 1.4% during the second quarter. Wells Fargo & Company MN now owns 5,929,199 shares of the financial services provider’s stock worth $1,141,727,000 after purchasing an additional 80,892 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Chubb Stock Performance

Shares of Chubb stock opened at $245.39 on Friday. Chubb Limited has a 52 week low of $183.71 and a 52 week high of $260.58. The business’s fifty day simple moving average is $252.45 and its 200-day simple moving average is $233.88. The firm has a market cap of $99.63 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 1.16 and a beta of 0.62. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.20.

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

Chubb Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts recently commented on the company. JMP Securities reiterated a “market outperform” rating and set a $280.00 price target on shares of Chubb in a research report on Monday. Citigroup reiterated a “neutral” rating and set a $275.00 price target (up from $238.00) on shares of Chubb in a research report on Thursday, March 14th. Evercore ISI boosted their price target on Chubb from $270.00 to $281.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. UBS Group boosted their price target on Chubb from $245.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. Finally, Raymond James upped their target price on Chubb from $270.00 to $285.00 and gave the company a “strong-buy” rating in a report on Thursday, February 1st. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Chubb presently has an average rating of “Moderate Buy” and an average price target of $266.37.

Insider Buying and Selling

In related news, insider John J. Lupica sold 34,464 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total transaction of $8,923,418.88. Following the transaction, the insider now owns 130,937 shares of the company’s stock, valued at approximately $33,902,208.04. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, insider John J. Lupica sold 34,464 shares of the stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total transaction of $8,923,418.88. Following the transaction, the insider now owns 130,937 shares of the company’s stock, valued at approximately $33,902,208.04. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Annmarie T. Hagan sold 7,180 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $245.04, for a total value of $1,759,387.20. Following the transaction, the chief accounting officer now directly owns 6,105 shares in the company, valued at approximately $1,495,969.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 116,043 shares of company stock valued at $29,766,694. Corporate insiders own 0.86% of the company’s stock.

About Chubb

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.