Chubb Limited (NYSE:CB) Shares Acquired by Ossiam

Ossiam increased its holdings in shares of Chubb Limited (NYSE:CB - Free Report) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,784 shares of the financial services provider's stock after purchasing an additional 1,839 shares during the quarter. Ossiam's holdings in Chubb were worth $4,361,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital International Inc. CA lifted its holdings in shares of Chubb by 15.2% in the 4th quarter. Capital International Inc. CA now owns 165,818 shares of the financial services provider's stock worth $45,816,000 after acquiring an additional 21,871 shares during the last quarter. Capital Research Global Investors raised its position in Chubb by 1.5% in the fourth quarter. Capital Research Global Investors now owns 8,893,963 shares of the financial services provider's stock valued at $2,457,402,000 after purchasing an additional 131,075 shares during the period. Capital World Investors lifted its stake in Chubb by 1.9% during the fourth quarter. Capital World Investors now owns 11,481,301 shares of the financial services provider's stock worth $3,172,194,000 after purchasing an additional 212,889 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Chubb by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,328,742 shares of the financial services provider's stock valued at $643,418,000 after buying an additional 10,402 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Chubb by 6.5% in the 4th quarter. First Trust Advisors LP now owns 1,920,692 shares of the financial services provider's stock valued at $530,687,000 after buying an additional 116,588 shares during the period. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Stock Up 0.1 %

Chubb stock opened at $285.29 on Friday. The stock has a 50-day simple moving average of $284.62 and a 200-day simple moving average of $281.13. The company has a market capitalization of $114.31 billion, a P/E ratio of 12.56, a PEG ratio of 3.36 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $306.91.

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

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 14th were paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, March 14th. Chubb's dividend payout ratio is presently 16.02%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Chubb from $300.00 to $307.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 8th. Wells Fargo & Company cut their price objective on Chubb from $271.00 to $268.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Royal Bank of Canada restated an "outperform" rating and set a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. JMP Securities reiterated a "market outperform" rating and issued a $325.00 price objective on shares of Chubb in a research note on Wednesday, January 29th. Finally, Jefferies Financial Group raised their target price on shares of Chubb from $307.00 to $308.00 and gave the company a "hold" rating in a report on Friday, April 11th. Two research analysts have rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Chubb presently has an average rating of "Hold" and a consensus target price of $307.21.

Insiders Place Their Bets

In other news, CEO Evan G. Greenberg sold 25,728 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $291.45, for a total transaction of $7,498,425.60. Following the transaction, the chief executive officer now directly owns 584,395 shares in the company, valued at $170,321,922.75. The trade was a 4.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Joseph F. Wayland sold 10,000 shares of Chubb stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 77,703 shares in the company, valued at $22,297,652.88. This represents a 11.40 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 63,470 shares of company stock valued at $18,562,730. 0.86% of the stock is owned by company insiders.

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.

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