OneDigital Investment Advisors LLC Buys 3,042 Shares of Chubb Limited (NYSE:CB)

OneDigital Investment Advisors LLC boosted its holdings in Chubb Limited (NYSE:CB - Free Report) by 33.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,241 shares of the financial services provider's stock after buying an additional 3,042 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Chubb were worth $3,382,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new position in Chubb in the fourth quarter worth approximately $29,000. Crowley Wealth Management Inc. bought a new position in shares of Chubb in the 4th quarter worth $29,000. Strategic Financial Concepts LLC bought a new stake in Chubb during the 4th quarter valued at $30,000. Kayne Anderson Rudnick Investment Management LLC raised its holdings in Chubb by 254.3% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 124 shares of the financial services provider's stock worth $34,000 after buying an additional 89 shares during the last quarter. Finally, Human Investing LLC bought a new position in shares of Chubb in the fourth quarter valued at $36,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CB. UBS Group upped their target price on shares of Chubb from $298.00 to $303.00 and gave the stock a "neutral" rating in a report on Wednesday, April 9th. JMP Securities restated a "market outperform" rating and issued a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. Keefe, Bruyette & Woods decreased their price target on Chubb from $316.00 to $314.00 and set an "outperform" rating for the company in a report on Thursday. HSBC upgraded Chubb from a "hold" rating to a "buy" rating and set a $323.00 price objective on the stock in a research note on Wednesday, March 5th. Finally, Raymond James reiterated a "strong-buy" rating on shares of Chubb in a research note on Thursday. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Chubb currently has a consensus rating of "Moderate Buy" and an average price target of $307.79.

Insider Activity at Chubb

In other news, CEO Evan G. Greenberg sold 25,728 shares of Chubb stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $291.45, for a total value of $7,498,425.60. Following the completion of the transaction, the chief executive officer now directly owns 584,395 shares in the company, valued at approximately $170,321,922.75. The trade was a 4.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Joseph F. Wayland sold 12,231 shares of the business's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $294.82, for a total value of $3,605,943.42. Following the sale, the executive vice president now owns 78,422 shares in the company, valued at approximately $23,120,374.04. The trade was a 13.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 63,470 shares of company stock worth $18,562,730. 0.86% of the stock is owned by corporate insiders.

Chubb Stock Performance

Shares of Chubb stock traded down $2.93 on Friday, reaching $279.07. 2,381,203 shares of the company traded hands, compared to its average volume of 1,629,697. 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 capitalization of $111.82 billion, a PE ratio of 12.28, a PEG ratio of 3.36 and a beta of 0.47. The company has a 50 day moving average of $286.39 and a 200 day moving average of $281.12. Chubb Limited has a 52 week low of $243.14 and a 52 week high of $306.91.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 EPS for the quarter, beating analysts' consensus estimates of $3.28 by $0.40. Chubb had a return on equity of 13.75% and a net margin of 16.63%. The firm had revenue of $12.65 billion for the quarter, compared to analysts' expectations of $11.22 billion. Equities 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 was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend was Friday, March 14th. Chubb's dividend payout ratio (DPR) is currently 16.02%.

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.