Wayfinding Financial LLC Acquires Shares of 982 Chubb Limited (NYSE:CB)

Wayfinding Financial LLC acquired a new stake in shares of Chubb Limited (NYSE:CB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 982 shares of the financial services provider's stock, valued at approximately $272,000.

Several other institutional investors also recently bought and sold shares of CB. Raymond James Financial Inc. purchased a new stake in shares of Chubb during the fourth quarter valued at about $1,158,897,000. FMR LLC raised its stake in shares of 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 acquiring an additional 1,052,999 shares in the last quarter. Proficio Capital Partners LLC lifted its position in Chubb by 41,494.7% during the fourth quarter. Proficio Capital Partners LLC now owns 812,761 shares of the financial services provider's stock valued at $224,566,000 after acquiring an additional 810,807 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in Chubb by 49.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider's stock valued at $338,070,000 after acquiring an additional 389,343 shares in the last quarter. Finally, Barclays PLC grew its holdings in Chubb by 28.1% in the third 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. 83.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Chubb

In related news, CAO George F. Ohsiek sold 763 shares of Chubb 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 sale, the chief accounting officer now directly owns 20,044 shares in the company, valued at approximately $5,820,978.04. The trade was a 3.67 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Joseph F. Wayland sold 10,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president now directly 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 disclosure for this sale can be found here. Insiders sold a total of 63,470 shares of company stock worth $18,562,730 in the last 90 days. Corporate insiders own 0.86% of the company's stock.

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Chubb Stock Performance

Shares of NYSE CB remained flat at $291.44 during trading on Tuesday. The company's stock had a trading volume of 1,158,241 shares, compared to its average volume of 1,508,031. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The firm has a market cap of $116.70 billion, a PE ratio of 12.83, a P/E/G ratio of 3.36 and a beta of 0.66. The company has a 50-day moving average price of $277.68 and a two-hundred day moving average price of $281.25.

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

Chubb Announces Dividend

The firm also recently announced 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 1.25%. The ex-dividend date of this dividend is Friday, March 14th. Chubb's dividend payout ratio (DPR) is presently 16.02%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CB. Keefe, Bruyette & Woods raised their price objective on Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. JMP Securities reissued a "market outperform" rating and issued a $325.00 price target on shares of Chubb in a report on Wednesday, January 29th. Wells Fargo & Company cut their price objective on shares of 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 shares of Chubb from $349.00 to $324.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Finally, Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $301.00.

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.