Chubb Limited (NYSE:CB) Shares Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC boosted its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 41,494.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 812,761 shares of the financial services provider's stock after purchasing an additional 810,807 shares during the period. Proficio Capital Partners LLC owned approximately 0.20% of Chubb worth $224,566,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CB. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Chubb during the third quarter worth approximately $222,000. Autumn Glory Partners LLC purchased a new position in Chubb during the third quarter worth approximately $288,000. Orrstown Financial Services Inc. acquired a new stake in shares of Chubb in the third quarter worth $209,000. Pallas Capital Advisors LLC increased its position in shares of Chubb by 6.1% in the third quarter. Pallas Capital Advisors LLC now owns 2,655 shares of the financial services provider's stock worth $781,000 after acquiring an additional 152 shares in the last quarter. Finally, Boston Financial Mangement LLC increased its position in shares of Chubb by 5.7% in the third quarter. Boston Financial Mangement LLC now owns 2,116 shares of the financial services provider's stock worth $610,000 after acquiring an additional 115 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on CB. JPMorgan Chase & Co. increased their price objective on shares of Chubb from $296.00 to $300.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods increased their price objective on shares of Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Wells Fargo & Company lowered their price target on shares of Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a report on Tuesday, January 14th. JMP Securities reaffirmed a "market outperform" rating and set a $325.00 price target on shares of Chubb in a report on Wednesday, January 29th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $320.00 price objective on shares of Chubb in a research note on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $295.73.

Chubb Stock Performance

Shares of Chubb stock traded up $3.65 during trading hours on Friday, reaching $285.34. The company's stock had a trading volume of 2,528,712 shares, compared to its average volume of 1,706,331. The company's 50 day simple moving average is $271.02 and its 200 day simple moving average is $279.81. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. Chubb Limited has a one year low of $238.85 and a one year high of $302.05. The stock has a market cap of $115.02 billion, a P/E ratio of 12.56, a price-to-earnings-growth ratio of 3.36 and a beta of 0.67.

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

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be given 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 dividend payout ratio is presently 16.02%.

Chubb Company 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.