Chubb Limited $CB Shares Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC boosted its stake in Chubb Limited (NYSE:CB) by 11.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,651 shares of the financial services provider’s stock after purchasing an additional 1,936 shares during the period. Chubb makes up 1.5% of Compass Wealth Management LLC’s portfolio, making the stock its 26th largest position. Compass Wealth Management LLC’s holdings in Chubb were worth $5,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC increased its position in Chubb by 148.5% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 49 shares during the period. Laurel Wealth Advisors LLC acquired a new position in Chubb in the 4th quarter valued at about $31,000. Ares Financial Consulting LLC acquired a new position in Chubb in the 4th quarter valued at about $32,000. KERR FINANCIAL PLANNING Corp acquired a new position in Chubb in the 3rd quarter valued at about $31,000. Finally, Cherry Tree Wealth Management LLC increased its position in Chubb by 38.3% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 112 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 31 shares during the period. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Buying and Selling at Chubb

In related news, Director Olivier Steimer sold 2,000 shares of Chubb stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total transaction of $658,600.00. Following the completion of the transaction, the director directly owned 25,468 shares of the company’s stock, valued at approximately $8,386,612.40. The trade was a 7.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO John W. Keogh sold 23,000 shares of Chubb stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $321.51, for a total value of $7,394,730.00. Following the transaction, the chief operating officer directly owned 203,322 shares of the company’s stock, valued at approximately $65,370,056.22. This represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.37% of the company’s stock.

Chubb Stock Performance

Shares of CB stock opened at $330.55 on Thursday. The stock has a fifty day moving average price of $324.87 and a 200 day moving average price of $318.67. The stock has a market cap of $128.21 billion, a PE ratio of 11.67, a P/E/G ratio of 1.66 and a beta of 0.41. Chubb Limited has a 1 year low of $264.10 and a 1 year high of $345.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.28 and a current ratio of 0.28.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. The firm had revenue of $14.93 billion during the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%. Sell-side analysts forecast that Chubb Limited will post 26.8 earnings per share for the current fiscal year.

Chubb Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 12th will be issued a dividend of $1.02 per share. This is a boost from Chubb’s previous quarterly dividend of $0.97. This represents a $4.08 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, June 12th. Chubb’s payout ratio is presently 14.41%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Evercore boosted their price target on Chubb from $347.00 to $349.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company boosted their target price on Chubb from $321.00 to $333.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. Bank of America dropped their target price on Chubb from $286.00 to $271.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Barclays boosted their target price on Chubb from $374.00 to $375.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Finally, HSBC boosted their target price on Chubb from $362.00 to $370.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $349.43.

Chubb Company Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.