Planned Solutions Inc. Has $263,000 Holdings in Chubb Limited (NYSE:CB)

Planned Solutions Inc. grew its position in shares of Chubb Limited (NYSE:CB) by 6.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 953 shares of the financial services provider’s stock after buying an additional 60 shares during the quarter. Planned Solutions Inc.’s holdings in Chubb were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Continuum Advisory LLC increased its position in Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares during the last quarter. Kozak & Associates Inc. bought a new stake in shares of Chubb during the 3rd quarter worth about $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb during the 3rd quarter valued at about $29,000. Raelipskie Partnership bought a new position in shares of Chubb in the 3rd quarter valued at approximately $29,000. Finally, Truvestments Capital LLC acquired a new stake in Chubb in the 3rd quarter worth approximately $30,000. Institutional investors own 83.81% of the company’s stock.

Analyst Ratings Changes

CB has been the topic of several analyst reports. Keefe, Bruyette & Woods increased their price target on Chubb from $320.00 to $328.00 and gave the company an “outperform” rating in a report on Friday, January 10th. JMP Securities lifted their target price on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 30th. Evercore ISI upped their price target on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Barclays dropped their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Finally, Morgan Stanley increased their target price on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $288.17.

Chubb Trading Down 0.2 %

Shares of Chubb stock opened at $268.97 on Wednesday. Chubb Limited has a 52-week low of $237.67 and a 52-week high of $302.05. The firm has a market capitalization of $108.42 billion, a PE ratio of 11.01, a price-to-earnings-growth ratio of 7.27 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28. The company’s fifty day moving average price is $277.67 and its two-hundred day moving average price is $278.60.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share for the quarter, beating analysts’ consensus estimates of $4.98 by $0.74. The business had revenue of $13.83 billion for the quarter, compared to analysts’ expectations of $14.16 billion. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.95 earnings per share. On average, analysts expect that Chubb Limited will post 21.95 EPS for the current year.

Chubb Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.35%. Chubb’s dividend payout ratio (DPR) is presently 14.91%.

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.