Disciplined Investors L.L.C. Takes Position in Chubb Limited (NYSE:CB)

Disciplined Investors L.L.C. acquired a new stake in shares of Chubb Limited (NYSE:CB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 974 shares of the financial services provider's stock, valued at approximately $255,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Huntington National Bank boosted its stake in shares of Chubb by 1.7% during the 4th quarter. Huntington National Bank now owns 359,566 shares of the financial services provider's stock worth $99,349,000 after acquiring an additional 6,072 shares in the last quarter. RFG Bristol Wealth Advisors LLC acquired a new position in Chubb during the fourth quarter valued at approximately $330,000. May Hill Capital LLC bought a new position in shares of Chubb in the fourth quarter valued at approximately $254,000. Nemes Rush Group LLC lifted its stake in shares of Chubb by 5.8% in the fourth quarter. Nemes Rush Group LLC now owns 57,919 shares of the financial services provider's stock worth $16,003,000 after buying an additional 3,190 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Chubb by 130.0% in the 4th quarter. Alliancebernstein L.P. now owns 956,522 shares of the financial services provider's stock worth $264,287,000 after acquiring an additional 540,554 shares during the period. Hedge funds and other institutional investors own 83.81% of the company's stock.

Chubb Price Performance

CB stock traded up $9.38 during trading on Tuesday, hitting $283.70. 666,319 shares of the stock traded hands, compared to its average volume of 1,618,919. The stock has a market cap of $113.59 billion, a price-to-earnings ratio of 12.50, a P/E/G ratio of 3.36 and a beta of 0.47. Chubb Limited has a one year low of $238.85 and a one year high of $306.91. 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 company has a 50 day simple moving average of $282.20 and a 200 day simple moving average of $281.58.

Chubb (NYSE:CB - Get Free Report) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share 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 expect that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, March 14th. Chubb's dividend payout ratio (DPR) is presently 16.02%.

Insider Transactions at Chubb

In other news, EVP Joseph F. Wayland sold 10,000 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was 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 of the company's stock, valued at $22,297,652.88. This represents a 11.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Evan G. Greenberg sold 25,728 shares of the stock in a transaction on 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 completion of the sale, the chief executive officer now owns 584,395 shares in the company, valued at approximately $170,321,922.75. This trade represents a 4.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 63,470 shares of company stock worth $18,562,730 in the last quarter. 0.86% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on CB shares. Piper Sandler raised their price target on Chubb from $310.00 to $335.00 and gave the company an "overweight" rating in a research report on Tuesday, April 1st. Barclays dropped their price target on Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. HSBC raised Chubb from a "hold" rating to a "buy" rating and set a $323.00 price objective for the company in a research report on Wednesday, March 5th. Wells Fargo & Company cut their target price on shares of Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Finally, Hsbc Global Res upgraded shares of Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Chubb presently has a consensus rating of "Hold" and a consensus price target of $303.64.

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.