Chubb Limited (NYSE:CB) Shares Purchased by Capital International Ltd. CA

Capital International Ltd. CA boosted its holdings in Chubb Limited (NYSE:CB - Free Report) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 91,276 shares of the financial services provider's stock after acquiring an additional 3,057 shares during the period. Chubb accounts for about 1.0% of Capital International Ltd. CA's portfolio, making the stock its 26th largest holding. Capital International Ltd. CA's holdings in Chubb were worth $25,220,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of Chubb by 57.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider's stock worth $102,840,000 after purchasing an additional 130,629 shares during the period. Czech National Bank raised its holdings in shares of Chubb by 6.2% in the 4th quarter. Czech National Bank now owns 81,282 shares of the financial services provider's stock valued at $22,458,000 after buying an additional 4,757 shares during the period. Barclays PLC lifted its stake in Chubb by 28.1% during the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock worth $511,226,000 after acquiring an additional 388,746 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Chubb by 1.1% during the 4th quarter. California Public Employees Retirement System now owns 1,350,381 shares of the financial services provider's stock valued at $373,110,000 after acquiring an additional 14,610 shares during the period. Finally, Versant Capital Management Inc grew its position in Chubb by 133.9% in the 4th quarter. Versant Capital Management Inc now owns 552 shares of the financial services provider's stock valued at $153,000 after acquiring an additional 316 shares in the last quarter. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Stock Performance

Shares of CB traded down $7.75 during mid-day trading on Wednesday, hitting $282.67. 1,072,425 shares of the company's stock were exchanged, compared to its average volume of 1,630,062. The firm has a market capitalization of $113.26 billion, a P/E ratio of 12.44, a P/E/G ratio of 3.36 and a beta of 0.47. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $306.91. The business's 50 day moving average is $285.38 and its two-hundred day moving average is $281.07. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share for the quarter, topping analysts' consensus estimates of $3.28 by $0.40. The company had revenue of $12.65 billion during the quarter, compared to analysts' expectations of $11.22 billion. Chubb had a return on equity of 13.75% and a net margin of 16.63%. On average, equities analysts expect that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 14th were given a dividend of $0.91 per share. The ex-dividend date was Friday, March 14th. This represents a $3.64 dividend on an annualized basis and a yield of 1.29%. Chubb's payout ratio is currently 16.02%.

Insider Transactions at Chubb

In related news, EVP Joseph F. Wayland sold 12,231 shares of Chubb stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $294.82, for a total value of $3,605,943.42. Following the sale, the executive vice president now directly owns 78,422 shares in the company, valued at $23,120,374.04. The trade was a 13.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Evan G. Greenberg sold 25,728 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $291.45, for a total value of $7,498,425.60. Following the completion of the transaction, the chief executive officer now owns 584,395 shares of the company's stock, valued at $170,321,922.75. The trade was a 4.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,470 shares of company stock worth $18,562,730. Company insiders own 0.86% of the company's stock.

Analyst Ratings Changes

CB has been the topic of several research reports. Piper Sandler increased their price target on shares of Chubb from $310.00 to $335.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 1st. Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. UBS Group upped their price target on Chubb from $298.00 to $303.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. Barclays cut their price target on Chubb from $324.00 to $321.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Chubb has a consensus rating of "Hold" and an average target price of $307.21.

About Chubb

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.