National Pension Service Purchases 1,482 Shares of Chubb Limited (NYSE:CB)

National Pension Service boosted its position in Chubb Limited (NYSE:CB - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 814,607 shares of the financial services provider's stock after acquiring an additional 1,482 shares during the period. National Pension Service owned 0.20% of Chubb worth $225,076,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Advisor OS LLC boosted its holdings in Chubb by 187.3% in the fourth quarter. Advisor OS LLC now owns 2,103 shares of the financial services provider's stock valued at $581,000 after acquiring an additional 1,371 shares during the last quarter. Weil Company Inc. boosted its holdings in Chubb by 0.4% in the fourth quarter. Weil Company Inc. now owns 14,319 shares of the financial services provider's stock valued at $3,956,000 after acquiring an additional 52 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its holdings in Chubb by 4.7% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 1,660 shares of the financial services provider's stock valued at $459,000 after acquiring an additional 75 shares during the last quarter. Lake Street Advisors Group LLC boosted its holdings in Chubb by 3.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 3,351 shares of the financial services provider's stock valued at $929,000 after acquiring an additional 121 shares during the last quarter. Finally, Delta Financial Advisors LLC lifted its stake in Chubb by 7.0% in the fourth quarter. Delta Financial Advisors LLC now owns 7,883 shares of the financial services provider's stock valued at $2,178,000 after buying an additional 513 shares during the period. Institutional investors own 83.81% of the company's stock.

Chubb Stock Up 1.3 %

Shares of NYSE:CB traded up $3.65 during midday trading on Friday, reaching $285.34. 2,528,712 shares of the company were exchanged, compared to its average volume of 1,706,331. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. 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 has a fifty day simple moving average of $271.02 and a two-hundred day simple moving average of $279.73. The firm has a market cap of $115.02 billion, a PE ratio of 12.56, a P/E/G ratio of 3.36 and a beta of 0.67.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, topping 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%. As a group, sell-side analysts forecast that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Dividend Announcement

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 $0.91 dividend. The ex-dividend date is Friday, March 14th. This represents a $3.64 annualized dividend and a yield of 1.28%. Chubb's payout ratio is currently 16.02%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. JPMorgan Chase & Co. upped their price target on Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Wells Fargo & Company lowered 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. 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. Keefe, Bruyette & Woods increased their target price on shares of Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Finally, JMP Securities reiterated a "market outperform" rating and issued a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $295.73.

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.