Aspiriant LLC Has $384,000 Stock Holdings in Chubb Limited $CB

Aspiriant LLC boosted its position in shares of Chubb Limited (NYSE:CB) by 60.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,326 shares of the financial services provider’s stock after acquiring an additional 498 shares during the period. Aspiriant LLC’s holdings in Chubb were worth $384,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. North Capital Inc. acquired a new position in shares of Chubb in the first quarter valued at $26,000. IMA Advisory Services Inc. bought a new stake in Chubb in the 1st quarter valued at $31,000. 1248 Management LLC bought a new stake in Chubb in the 1st quarter valued at $31,000. WPG Advisers LLC acquired a new position in shares of Chubb in the 1st quarter valued at $33,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Chubb by 391.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 118 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 94 shares during the period. Institutional investors own 83.81% of the company’s stock.

Insider Activity

In related news, Director Michael Corbat bought 425 shares of Chubb stock in a transaction dated Friday, July 25th. The shares were bought at an average cost of $269.80 per share, for a total transaction of $114,665.00. Following the completion of the transaction, the director owned 2,450 shares of the company’s stock, valued at approximately $661,010. This trade represents a 20.99% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.77% of the company’s stock.

Chubb Trading Down 0.0%

CB stock opened at $268.15 on Friday. The business has a fifty day moving average price of $277.40 and a 200 day moving average price of $281.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.28 and a quick ratio of 0.28. Chubb Limited has a fifty-two week low of $252.16 and a fifty-two week high of $306.91. The stock has a market capitalization of $106.91 billion, a price-to-earnings ratio of 11.83, a P/E/G ratio of 3.02 and a beta of 0.54.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, July 22nd. The financial services provider reported $6.14 EPS for the quarter, topping the consensus estimate of $5.84 by $0.30. Chubb had a return on equity of 12.34% and a net margin of 16.08%.The company had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $12.53 billion. During the same quarter in the prior year, the business earned $5.38 earnings per share. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. Analysts expect that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Friday, September 12th were paid a $0.97 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.4%. Chubb’s payout ratio is currently 17.12%.

Wall Street Analyst Weigh In

CB has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Chubb from $295.00 to $297.00 and gave the company a “hold” rating in a research note on Tuesday, October 7th. Evercore ISI upped their price objective on Chubb from $312.00 to $315.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Citigroup started coverage on Chubb in a research report on Wednesday, August 13th. They set a “buy” rating and a $326.00 target price for the company. Barclays boosted their price target on Chubb from $298.00 to $310.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 8th. Finally, HSBC lowered Chubb from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $317.00 to $300.00 in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Chubb currently has an average rating of “Hold” and an average target price of $305.28.

Chubb Company 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.