Chubb Limited (NYSE:CB) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. grew its position in Chubb Limited (NYSE:CB - Free Report) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,127 shares of the financial services provider's stock after acquiring an additional 2,207 shares during the quarter. Achmea Investment Management B.V.'s holdings in Chubb were worth $6,390,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CB. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Chubb by 57.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider's stock valued at $102,840,000 after purchasing an additional 130,629 shares during the period. Czech National Bank lifted its stake in shares of Chubb by 6.2% during the 4th quarter. Czech National Bank now owns 81,282 shares of the financial services provider's stock worth $22,458,000 after purchasing an additional 4,757 shares during the last quarter. Barclays PLC grew its stake in Chubb by 28.1% in the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock valued at $511,226,000 after purchasing an additional 388,746 shares during the last quarter. Weiss Asset Management LP bought a new position in Chubb in the third quarter worth about $27,424,000. Finally, Versant Capital Management Inc lifted its position in shares of Chubb by 133.9% during the fourth quarter. Versant Capital Management Inc now owns 552 shares of the financial services provider's stock valued at $153,000 after buying an additional 316 shares during the last quarter. Institutional investors own 83.81% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts recently commented on CB shares. Barclays reduced their price objective on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating for the company in a research note on Monday, January 6th. HSBC upgraded shares of Chubb from a "hold" rating to a "buy" rating and set a $323.00 price objective on the stock in a report on Wednesday, March 5th. Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. Wells Fargo & Company dropped their price objective on shares of Chubb from $268.00 to $264.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 14th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $301.00.

Insiders Place Their Bets

In other news, CEO Evan G. Greenberg sold 25,728 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $291.45, for a total transaction of $7,498,425.60. Following the sale, the chief executive officer now owns 584,395 shares of the company's stock, valued at approximately $170,321,922.75. This trade represents a 4.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph F. Wayland sold 10,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total transaction of $2,869,600.00. Following the completion of the transaction, the executive vice president now directly owns 77,703 shares in the company, valued at $22,297,652.88. This trade represents a 11.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.86% of the company's stock.

Chubb Price Performance

NYSE CB traded up $2.01 during trading hours on Monday, hitting $295.97. 240,640 shares of the company's stock traded hands, compared to its average volume of 1,499,061. The company has a market capitalization of $118.51 billion, a PE ratio of 13.04, a PEG ratio of 3.36 and a beta of 0.66. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. The firm's 50-day moving average is $273.60 and its 200-day moving average is $280.86.

Chubb (NYSE:CB - Get Free Report) last posted 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 return on equity of 13.75% and a net margin of 16.63%. Equities analysts forecast that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid 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 1.23%. Chubb's dividend payout ratio (DPR) is presently 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.