Chubb Limited (NYSE:CB) Shares Sold by Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group lessened its holdings in Chubb Limited (NYSE:CB - Free Report) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,058 shares of the financial services provider's stock after selling 1,029 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's holdings in Chubb were worth $1,121,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. FMR LLC increased its stake in Chubb by 7.3% during the 3rd quarter. FMR LLC now owns 15,576,485 shares of the financial services provider's stock worth $4,492,103,000 after buying an additional 1,052,999 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Chubb during the 4th quarter worth approximately $1,158,897,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Chubb by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,235,155 shares of the financial services provider's stock worth $617,573,000 after purchasing an additional 46,068 shares during the last quarter. Barclays PLC boosted its holdings in shares of Chubb by 28.1% during the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock worth $511,226,000 after purchasing an additional 388,746 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Chubb by 8.1% during the 4th quarter. Amundi now owns 1,308,179 shares of the financial services provider's stock worth $348,826,000 after purchasing an additional 97,705 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company's stock.

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Insider Buying and Selling at Chubb

In other Chubb news, EVP Joseph F. Wayland sold 10,000 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the completion of the transaction, the executive vice president now owns 77,703 shares in the company, valued at $22,297,652.88. This represents a 11.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Evan G. Greenberg sold 25,728 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $291.45, for a total transaction of $7,498,425.60. Following the sale, the chief executive officer now owns 584,395 shares of the company's stock, valued at $170,321,922.75. This trade represents a 4.22 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CB. JMP Securities restated a "market outperform" rating and set a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. Wells Fargo & Company decreased their price objective on Chubb from $268.00 to $264.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 14th. Barclays decreased their price objective on Chubb from $349.00 to $324.00 and set an "overweight" rating on the stock in a report on Monday, January 6th. HSBC raised Chubb from a "hold" rating to a "buy" rating and set a $323.00 target price on the stock in a research report on Wednesday, March 5th. Finally, Keefe, Bruyette & Woods boosted their target price on Chubb from $328.00 to $329.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Chubb has an average rating of "Hold" and a consensus price target of $301.00.

Chubb Stock Up 2.0 %

Shares of Chubb stock traded up $5.91 during trading hours on Friday, reaching $294.46. 2,301,935 shares of the company were exchanged, compared to its average volume of 1,503,952. The firm has a market cap of $117.91 billion, a PE ratio of 12.96, a PEG ratio of 3.36 and a beta of 0.66. The stock's fifty day moving average is $273.60 and its 200 day moving average is $280.85. 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 1 year low of $238.85 and a 1 year high of $302.05.

Chubb (NYSE:CB - Get Free Report) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. As a group, equities research analysts forecast that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.24%. The ex-dividend date is Friday, March 14th. Chubb's dividend payout ratio (DPR) is presently 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.