Chubb Limited (NYSE:CB) Receives Consensus Rating of "Hold" from Analysts

Chubb Limited (NYSE:CB - Get Free Report) has been assigned an average recommendation of "Hold" from the sixteen research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $295.73.

A number of research analysts have recently issued reports on CB shares. Evercore ISI raised their price objective on Chubb from $289.00 to $293.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Barclays decreased their price objective 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. JPMorgan Chase & Co. raised their price target on shares of Chubb from $296.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. Morgan Stanley boosted their price target on Chubb from $295.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 30th. Finally, Wells Fargo & Company dropped their target price on Chubb from $268.00 to $264.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 14th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Demars Financial Group LLC grew its position in Chubb by 26,761.4% during the 4th quarter. Demars Financial Group LLC now owns 5,360,455 shares of the financial services provider's stock worth $1,481,094,000 after purchasing an additional 5,340,499 shares during the last quarter. Norges Bank purchased a new stake in shares of Chubb during the fourth quarter worth approximately $1,169,720,000. Raymond James Financial Inc. purchased a new stake in Chubb during the 4th quarter valued at about $1,158,897,000. Royal Bank of Canada grew its holdings in Chubb by 46.7% in the 4th quarter. Royal Bank of Canada now owns 4,406,052 shares of the financial services provider's stock valued at $1,217,392,000 after buying an additional 1,403,545 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC purchased a new stake in shares of Chubb in the 4th quarter valued at approximately $336,972,000. Institutional investors own 83.81% of the company's stock.

Chubb Stock Performance

Shares of NYSE:CB traded up $8.33 during midday trading on Monday, hitting $281.99. The stock had a trading volume of 1,630,649 shares, compared to its average volume of 1,684,680. Chubb has a 1 year low of $238.85 and a 1 year high of $302.05. The company has a market capitalization of $113.67 billion, a PE ratio of 12.41, a P/E/G ratio of 3.36 and a beta of 0.67. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average price of $270.60 and a two-hundred day moving average price of $279.59.

Chubb (NYSE:CB - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, topping 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%. As a group, equities analysts predict that Chubb will post 21.52 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.29%. Chubb's dividend payout ratio is 16.02%.

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.