Moment Partners LLC Makes New $333,000 Investment in Chubb Limited (NYSE:CB)

Moment Partners LLC bought a new position in shares of Chubb Limited (NYSE:CB - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,206 shares of the financial services provider's stock, valued at approximately $333,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Continuum Advisory LLC grew its holdings in shares of Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock worth $28,000 after purchasing an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd purchased a new position in Chubb in the 3rd quarter worth approximately $29,000. Raelipskie Partnership bought a new position in shares of Chubb in the 3rd quarter worth $29,000. Sierra Ocean LLC purchased a new stake in shares of Chubb during the 4th quarter valued at $29,000. Finally, Crowley Wealth Management Inc. bought a new stake in shares of Chubb during the 4th quarter worth $29,000. 83.81% of the stock is currently owned by institutional investors.

Chubb Trading Up 1.4 %

Shares of Chubb stock traded up $4.23 during trading on Monday, reaching $300.67. 534,145 shares of the stock were exchanged, compared to its average volume of 1,777,027. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.98. The firm has a market cap of $120.39 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 3.36 and a beta of 0.66. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. The stock's fifty day moving average is $279.26 and its 200 day moving average is $281.41.

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

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be issued a $0.91 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.64 annualized dividend and a yield of 1.21%. Chubb's dividend payout ratio (DPR) is presently 16.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CB shares. JPMorgan Chase & Co. raised their price target on Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. Hsbc Global Res raised Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Wells Fargo & Company cut their target price on Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Barclays decreased their price target on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a research note on Monday, January 6th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $320.00 price objective on shares of Chubb in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $301.00.

Insiders Place Their Bets

In other news, 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 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 approximately $22,297,652.88. This trade represents a 11.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO George F. Ohsiek sold 763 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $290.41, for a total value of $221,582.83. Following the completion of the sale, the chief accounting officer now directly owns 20,044 shares in the company, valued at approximately $5,820,978.04. This represents a 3.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 63,470 shares of company stock worth $18,562,730. 0.86% of the stock is currently owned by corporate 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.