Yousif Capital Management LLC Sells 3,386 Shares of Chubb Limited $CB

Yousif Capital Management LLC decreased its position in shares of Chubb Limited (NYSE:CB) by 5.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,125 shares of the financial services provider’s stock after selling 3,386 shares during the period. Yousif Capital Management LLC’s holdings in Chubb were worth $20,857,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Atticus Wealth Management LLC increased its position in shares of Chubb by 3.7% during the 3rd quarter. Atticus Wealth Management LLC now owns 815 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 29 shares during the period. Freedom Day Solutions LLC lifted its holdings in shares of Chubb by 0.4% in the third quarter. Freedom Day Solutions LLC now owns 8,241 shares of the financial services provider’s stock valued at $2,681,000 after buying an additional 31 shares during the period. Stock Yards Bank & Trust Co. lifted its holdings in shares of Chubb by 0.8% in the first quarter. Stock Yards Bank & Trust Co. now owns 4,105 shares of the financial services provider’s stock valued at $1,338,000 after buying an additional 34 shares during the period. Baker Tilly Wealth Management LLC boosted its stake in Chubb by 4.9% during the third quarter. Baker Tilly Wealth Management LLC now owns 722 shares of the financial services provider’s stock valued at $235,000 after buying an additional 34 shares in the last quarter. Finally, Bayban boosted its stake in Chubb by 7.1% during the first quarter. Bayban now owns 544 shares of the financial services provider’s stock valued at $177,000 after buying an additional 36 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Chubb

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb’s latest earnings call highlighted solid profits, strong underwriting performance and investment-float growth, supporting the view that the insurer’s core business remains healthy. Chubb Earnings Call Highlights
• Positive Sentiment: Goldman Sachs maintained its Buy rating, while Wells Fargo raised its price target to $366 and JPMorgan increased its target to $374, indicating some analysts still see additional upside. Wells Fargo Rating
• Positive Sentiment: One analysis argued that Chubb may remain inexpensive despite a roughly 105% run, with valuation supported by its earnings power and underwriting results. Chubb Valuation Analysis
• Neutral Sentiment: Wells Fargo kept an Equal Weight view, JPMorgan and Mizuho retained Neutral ratings, and Cantor Fitzgerald, Barclays and Deutsche Bank maintained Hold ratings. The broad analyst stance remains cautious rather than decisively bullish. Deutsche Bank Rating
• Negative Sentiment: Several revised targets remain close to the trading price: Mizuho’s $350 target implies downside, while the reported consensus target of $358.36 suggests limited near-term appreciation. This may be weighing on the stock after its strong advance. Chubb Consensus Price Target

Analyst Ratings Changes

A number of research analysts recently issued reports on CB shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $354.00 target price on shares of Chubb in a report on Wednesday, July 22nd. Atlantic Securities set a $301.00 price target on shares of Chubb in a report on Wednesday, July 15th. Evercore restated an “outperform” rating and set a $374.00 price objective on shares of Chubb in a research report on Friday, July 10th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $400.00 price objective on shares of Chubb in a research note on Wednesday, July 22nd. Finally, Weiss Ratings upgraded shares of Chubb from a “buy (b)” rating to a “buy (a)” rating in a report on Friday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Chubb currently has a consensus rating of “Hold” and a consensus target price of $361.09.

Chubb Price Performance

Shares of NYSE:CB traded down $8.79 on Friday, reaching $355.16. 1,660,993 shares of the company traded hands, compared to its average volume of 1,597,762. Chubb Limited has a fifty-two week low of $273.35 and a fifty-two week high of $365.91. The company’s 50 day moving average is $341.68 and its 200-day moving average is $337.44. The stock has a market capitalization of $137.02 billion, a PE ratio of 12.43, a P/E/G ratio of 1.62 and a beta of 0.36. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.35 and a quick ratio of 0.29.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $7.66 earnings per share for the quarter, topping the consensus estimate of $6.77 by $0.89. The business had revenue of $16.20 billion during the quarter, compared to analyst estimates of $15.66 billion. Chubb had a return on equity of 14.41% and a net margin of 18.15%. During the same period last year, the company posted $7.49 EPS. As a group, analysts anticipate that Chubb Limited will post 27.83 earnings per share for the current fiscal year.

Chubb Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 11th were issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, September 11th. Chubb’s dividend payout ratio is currently 14.28%.

Insider Buying and Selling at Chubb

In related news, EVP Joseph Wayland sold 8,502 shares of Chubb stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $364.54, for a total value of $3,099,319.08. Following the transaction, the executive vice president owned 33,749 shares of the company’s stock, valued at approximately $12,302,860.46. This trade represents a 20.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael P. Connors sold 5,500 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $345.00, for a total value of $1,897,500.00. Following the sale, the director owned 12,803 shares in the company, valued at approximately $4,417,035. The trade was a 30.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.37% of the company’s stock.

Chubb Company Profile

Chubb Limited is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings include commercial and personal property and casualty insurance, liability coverage, workers’ compensation, specialty insurance, travel insurance, and coverage for high-net-worth individuals.

The company serves businesses, individuals, and institutional customers through a network spanning North America, Latin America, Europe, Asia-Pacific, and other international markets.