Chubb Limited (NYSE:CB) Position Increased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC increased its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 33.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,241 shares of the financial services provider's stock after purchasing 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 quarter.

Several other large investors also recently bought and sold shares of CB. Wealth Enhancement Advisory Services LLC grew its stake in Chubb by 57.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider's stock worth $102,840,000 after buying an additional 130,629 shares during the last quarter. Czech National Bank grew its position in shares of Chubb by 6.2% during the fourth quarter. Czech National Bank now owns 81,282 shares of the financial services provider's stock worth $22,458,000 after acquiring an additional 4,757 shares during the last quarter. Barclays PLC raised its position in Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock valued at $511,226,000 after purchasing an additional 388,746 shares during the last quarter. California Public Employees Retirement System boosted its stake in Chubb by 1.1% during the 4th quarter. California Public Employees Retirement System now owns 1,350,381 shares of the financial services provider's stock worth $373,110,000 after purchasing an additional 14,610 shares during the period. Finally, Versant Capital Management Inc boosted its stake in Chubb by 133.9% during the 4th quarter. Versant Capital Management Inc now owns 552 shares of the financial services provider's stock worth $153,000 after purchasing an additional 316 shares during the period. Hedge funds and other institutional investors own 83.81% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JMP Securities reaffirmed a "market outperform" rating and issued a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. HSBC raised Chubb from a "hold" rating to a "buy" rating and set a $323.00 price objective for the company in a research note on Wednesday, March 5th. Raymond James reissued a "strong-buy" rating on shares of Chubb in a report on Thursday. Jefferies Financial Group lifted their price objective on shares of Chubb from $307.00 to $308.00 and gave the company a "hold" rating in a research report on Friday, April 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Chubb from $300.00 to $307.00 and gave the company a "neutral" rating in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $307.79.

Chubb Price Performance

Chubb stock traded down $2.93 during trading hours on Friday, hitting $279.07. The stock had a trading volume of 2,381,203 shares, compared to its average volume of 1,629,696. The stock has a market capitalization of $111.82 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 3.36 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. Chubb Limited has a 1-year low of $243.14 and a 1-year high of $306.91. The stock's fifty day moving average is $286.39 and its two-hundred day moving average is $281.12.

Chubb (NYSE:CB - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.28 by $0.40. Chubb had a net margin of 16.63% and a return on equity of 13.75%. The company had revenue of $12.65 billion during the quarter, compared to analysts' expectations of $11.22 billion. As a group, analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Friday, March 14th. Chubb's dividend payout ratio is presently 16.02%.

Insider Buying and Selling at Chubb

In other Chubb news, CAO George F. Ohsiek sold 763 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $290.41, for a total value of $221,582.83. Following the transaction, the chief accounting officer now directly owns 20,044 shares of the company's stock, valued at $5,820,978.04. This trade represents a 3.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Joseph F. Wayland sold 10,000 shares of the business's stock in a transaction that occurred on 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 transaction, the executive vice president now directly owns 77,703 shares in the company, valued at $22,297,652.88. This trade represents a 11.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 63,470 shares of company stock worth $18,562,730. Insiders own 0.86% of the company's stock.

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.