Chubb Limited (NYSE:CB) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC lessened its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 473,635 shares of the financial services provider's stock after selling 10,808 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.12% of Chubb worth $130,865,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Continuum Advisory LLC lifted 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 worth $28,000 after purchasing an additional 35 shares during the last quarter. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Chubb in the third quarter worth approximately $29,000. Raelipskie Partnership bought a new stake in shares of Chubb during the 3rd quarter worth approximately $29,000. Sierra Ocean LLC purchased a new position in Chubb during the 4th quarter valued at $29,000. Finally, Crowley Wealth Management Inc. bought a new position in Chubb in the 4th quarter valued at $29,000. 83.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on CB. Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. Piper Sandler upped their target price on Chubb from $310.00 to $335.00 and gave the stock an "overweight" rating in a report on Tuesday. JMP Securities restated a "market outperform" rating and set a $325.00 price target on shares of Chubb in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods lifted their price objective on Chubb from $328.00 to $329.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Finally, Barclays cut their target price on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $303.14.

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Chubb Stock Performance

Shares of CB traded up $0.62 during trading hours on Wednesday, reaching $302.02. 1,521,545 shares of the company traded hands, compared to its average volume of 1,602,108. The stock has a market capitalization of $120.93 billion, a P/E ratio of 13.29, a P/E/G ratio of 3.36 and a beta of 0.66. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average price of $280.57 and a 200-day moving average price of $281.60. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $304.34.

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

Chubb Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be given a dividend of $0.91 per share. The ex-dividend date is Friday, March 14th. This represents a $3.64 dividend on an annualized basis and a yield of 1.21%. Chubb's dividend payout ratio is presently 16.02%.

Insider Buying and Selling at Chubb

In other Chubb news, EVP Joseph F. Wayland sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was 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 of the company's stock, valued at approximately $22,297,652.88. This trade represents a 11.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Timothy Alan Boroughs sold 14,748 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $296.12, for a total value of $4,367,177.76. Following the transaction, the executive vice president now directly owns 29,194 shares of the company's stock, valued at approximately $8,644,927.28. The trade was a 33.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 63,470 shares of company stock valued at $18,562,730. 0.86% of the stock is owned by insiders.

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.