Atria Investments Inc Has $13.61 Million Stock Holdings in Chubb Limited (NYSE:CB)

Atria Investments Inc lifted its stake in Chubb Limited (NYSE:CB - Free Report) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,268 shares of the financial services provider's stock after purchasing an additional 1,544 shares during the period. Atria Investments Inc's holdings in Chubb were worth $13,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ironwood Investment Counsel LLC boosted its stake in Chubb by 2.1% in the third quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider's stock valued at $496,000 after acquiring an additional 35 shares during the last quarter. Continuum Advisory LLC boosted its stake in Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 35 shares during the last quarter. First Financial Bank Trust Division boosted its stake in Chubb by 3.7% in the fourth quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider's stock valued at $283,000 after acquiring an additional 37 shares during the last quarter. Rede Wealth LLC boosted its stake in Chubb by 2.0% in the fourth quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider's stock valued at $525,000 after acquiring an additional 37 shares during the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. boosted its stake in Chubb by 1.1% in the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,706 shares of the financial services provider's stock valued at $1,069,000 after acquiring an additional 40 shares during the last quarter. 83.81% of the stock is owned by institutional investors.

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Chubb Stock Up 0.1 %

CB traded up $0.23 during trading on Friday, hitting $286.52. The company had a trading volume of 1,259,899 shares, compared to its average volume of 1,700,705. The company has a market capitalization of $115.50 billion, a PE ratio of 12.61, a PEG ratio of 3.36 and a beta of 0.67. Chubb Limited has a one year low of $238.85 and a one year high of $302.05. The firm's 50-day moving average price is $272.01 and its 200 day moving average price is $280.24. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. As a group, equities analysts expect that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid a $0.91 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $3.64 annualized dividend and a yield of 1.27%. Chubb's payout ratio is currently 16.02%.

Insider Buying and Selling at Chubb

In other Chubb news, EVP Joseph F. Wayland sold 10,000 shares of Chubb stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the sale, the executive vice president now directly owns 77,703 shares in the company, valued at approximately $22,297,652.88. The trade was a 11.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.86% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Barclays reduced their price objective on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. JMP Securities reissued a "market outperform" rating and set a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. HSBC raised shares of Chubb from a "hold" rating to a "buy" rating and set a $323.00 price target on the stock in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on shares of Chubb from $296.00 to $300.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $299.27.

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.