8,838 Shares in Chubb Limited (NYSE:CB) Bought by Vista Investment Partners II LLC

Vista Investment Partners II LLC acquired a new stake in shares of Chubb Limited (NYSE:CB - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 8,838 shares of the financial services provider's stock, valued at approximately $2,442,000. Chubb makes up about 1.4% of Vista Investment Partners II LLC's portfolio, making the stock its 27th biggest position.

Other large investors have also bought and sold shares of the company. Continuum Advisory LLC lifted its holdings in shares of Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 35 shares during the last quarter. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Chubb during the third quarter valued at approximately $29,000. Raelipskie Partnership purchased a new position in shares of Chubb during the third quarter valued at approximately $29,000. Sierra Ocean LLC purchased a new position in shares of Chubb during the fourth quarter valued at approximately $29,000. Finally, Truvestments Capital LLC purchased a new position in shares of Chubb during the third quarter valued at approximately $30,000. 83.81% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Joseph F. Wayland sold 10,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total transaction of $2,869,600.00. Following the completion of the sale, the executive vice president now owns 77,703 shares of the company's stock, valued at $22,297,652.88. The trade was a 11.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.86% of the company's stock.

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Chubb Stock Performance

NYSE:CB traded up $6.73 during trading hours on Monday, reaching $293.32. The company had a trading volume of 3,741,043 shares, compared to its average volume of 1,501,950. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05. The firm has a market cap of $117.45 billion, a price-to-earnings ratio of 12.91, a PEG ratio of 3.36 and a beta of 0.66. The firm's 50 day moving average price is $272.37 and its 200-day moving average price is $280.50.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating 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%. On average, analysts forecast that Chubb Limited will post 21.52 EPS for the current year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 14th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, March 14th. Chubb's payout ratio is 16.02%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CB shares. JMP Securities reiterated a "market outperform" rating and set a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. HSBC upgraded shares of Chubb from a "hold" rating to a "buy" rating and set a $323.00 price objective for the company in a report on Wednesday, March 5th. Barclays decreased their price objective on shares of Chubb from $349.00 to $324.00 and set an "overweight" rating for the company in a report on Monday, January 6th. Hsbc Global Res upgraded shares of Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Chubb currently has an average rating of "Hold" and an average price target of $299.27.

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.