Chubb Limited (NYSE:CB) Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its position in shares of Chubb Limited (NYSE:CB - Free Report) by 45.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,994 shares of the financial services provider's stock after purchasing an additional 9,442 shares during the quarter. Quantinno Capital Management LP's holdings in Chubb were worth $8,650,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CB. Beacon Capital Management LLC increased its position in Chubb by 76.4% during the second quarter. Beacon Capital Management LLC now owns 97 shares of the financial services provider's stock worth $25,000 after buying an additional 42 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in shares of Chubb during the second quarter valued at $26,000. Strategic Financial Concepts LLC purchased a new stake in Chubb during the 2nd quarter worth about $28,000. Kozak & Associates Inc. acquired a new position in Chubb in the 3rd quarter valued at about $29,000. Finally, Truvestments Capital LLC purchased a new position in Chubb in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 83.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CB shares. Barclays initiated coverage on shares of Chubb in a research report on Wednesday, September 4th. They set an "overweight" rating and a $349.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Chubb from $291.00 to $294.00 and gave the company a "neutral" rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods raised their price target on Chubb from $305.00 to $320.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Bank of America upped their price objective on shares of Chubb from $275.00 to $282.00 and gave the company an "underperform" rating in a research note on Thursday, October 10th. Finally, Jefferies Financial Group raised their target price on shares of Chubb from $294.00 to $295.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $287.37.

Chubb Stock Down 1.2 %

Shares of NYSE:CB traded down $3.45 during midday trading on Friday, reaching $283.17. The company had a trading volume of 1,507,315 shares, compared to its average volume of 1,597,495. The stock's fifty day moving average price is $287.01 and its 200-day moving average price is $276.20. The stock has a market capitalization of $114.15 billion, a P/E ratio of 11.60, a PEG ratio of 6.66 and a beta of 0.67. Chubb Limited has a one year low of $216.90 and a one year high of $302.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share for the quarter, beating analysts' consensus estimates of $4.98 by $0.74. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The business had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. During the same period in the previous year, the business earned $4.95 EPS. The business's quarterly revenue was up 5.5% on a year-over-year basis. Equities research analysts expect that Chubb Limited will post 21.82 earnings per share for the current fiscal year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 13th will be given a $0.91 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.29%. Chubb's payout ratio is currently 14.91%.

Insider Activity

In other Chubb news, CEO Evan G. Greenberg sold 30,318 shares of the firm's stock in a transaction on Monday, September 9th. The stock was sold at an average price of $289.60, for a total value of $8,780,092.80. Following the sale, the chief executive officer now directly owns 553,664 shares in the company, valued at approximately $160,341,094.40. This trade represents a 5.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.86% of the company's stock.

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.