Todd Asset Management LLC lifted its position in shares of Chubb Limited (NYSE:CB - Free Report) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 250,237 shares of the financial services provider's stock after acquiring an additional 3,934 shares during the quarter. Chubb makes up approximately 1.7% of Todd Asset Management LLC's portfolio, making the stock its 6th biggest position. Todd Asset Management LLC owned 0.06% of Chubb worth $69,140,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Ironwood Investment Counsel LLC lifted its holdings in Chubb by 2.1% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider's stock worth $496,000 after buying an additional 35 shares during the period. Continuum Advisory LLC increased its position in Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 35 shares during the period. First Financial Bank Trust Division raised its holdings in Chubb by 3.7% during the 4th quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider's stock worth $283,000 after purchasing an additional 37 shares during the last quarter. Rede Wealth LLC lifted its position in shares of Chubb by 2.0% in the 4th quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider's stock worth $525,000 after purchasing an additional 37 shares during the period. Finally, Mitchell Mcleod Pugh & Williams Inc. boosted its stake in shares of Chubb by 1.1% in the 3rd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,706 shares of the financial services provider's stock valued at $1,069,000 after purchasing an additional 40 shares during the last quarter. Institutional investors own 83.81% of the company's stock.
Chubb Stock Up 1.3 %
Shares of Chubb stock traded up $3.65 during trading hours on Friday, reaching $285.34. The company's stock had a trading volume of 2,528,712 shares, compared to its average volume of 1,706,331. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The stock's fifty day simple moving average is $270.77 and its two-hundred day simple moving average is $279.61. The company has a market capitalization of $115.02 billion, a P/E ratio of 12.56, a P/E/G 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.
Chubb (NYSE:CB - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) 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%. On average, research analysts forecast that Chubb Limited will post 21.52 earnings per share for the current year.
Chubb Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be issued a dividend of $0.91 per share. The ex-dividend date is Friday, March 14th. This represents a $3.64 annualized dividend and a yield of 1.28%. Chubb's dividend payout ratio (DPR) is currently 16.02%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Keefe, Bruyette & Woods lifted their target price on shares of Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Barclays dropped their price objective on 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 reaffirmed a "market outperform" rating and set a $325.00 target price on shares of Chubb in a research note on Wednesday, January 29th. Royal Bank of Canada reissued an "outperform" rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Finally, Wells Fargo & Company reduced their price objective on shares of Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $295.73.
Get Our Latest Analysis on CB
Chubb Company Profile
(
Free Report)
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.
Further Reading
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