Crestwood Advisors Group LLC Has $1.26 Million Stock Position in Chubb Limited (NYSE:CB)

Crestwood Advisors Group LLC grew its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 138.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,548 shares of the financial services provider's stock after buying an additional 2,643 shares during the quarter. Crestwood Advisors Group LLC's holdings in Chubb were worth $1,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Ironwood Investment Counsel LLC raised its holdings in Chubb by 2.1% during the third quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider's stock worth $496,000 after purchasing an additional 35 shares in the last quarter. Continuum Advisory LLC lifted its holdings in shares of Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock valued at $28,000 after buying an additional 35 shares during the period. First Financial Bank Trust Division boosted its stake in Chubb by 3.7% during the fourth quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider's stock valued at $283,000 after buying an additional 37 shares in the last quarter. Rede Wealth LLC boosted its stake in Chubb by 2.0% during the fourth quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider's stock valued at $525,000 after buying an additional 37 shares in the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. grew its holdings in Chubb by 1.1% during the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,706 shares of the financial services provider's stock worth $1,069,000 after acquiring an additional 40 shares during the period. 83.81% of the stock is owned by institutional investors and hedge funds.

Chubb Stock Performance

Shares of NYSE CB traded up $3.65 during mid-day trading on Friday, hitting $285.34. The company had a trading volume of 2,528,712 shares, compared to its average volume of 1,706,331. Chubb Limited has a 12 month low of $238.85 and a 12 month high of $302.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. The firm has a market cap of $115.02 billion, a P/E ratio of 12.56, a PEG ratio of 3.36 and a beta of 0.67. The business's 50-day simple moving average is $270.77 and its 200-day simple moving average is $279.61.

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

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 14th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Friday, March 14th. Chubb's dividend payout ratio is 16.02%.

Wall Street Analyst Weigh In

A number of research firms recently commented on CB. Royal Bank of Canada reiterated an "outperform" rating and issued a $320.00 target price on shares of Chubb in a report on Thursday, January 30th. JPMorgan Chase & Co. increased their price objective on Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods lifted their target price on Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Wells Fargo & Company reduced their target price on Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a report on Tuesday, January 14th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Chubb presently has a consensus rating of "Hold" and a consensus target price of $295.73.

Chubb Profile

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.