World Equity Group Inc. Invests $426,000 in Chubb Limited (NYSE:CB)

World Equity Group Inc. acquired a new stake in shares of Chubb Limited (NYSE:CB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,540 shares of the financial services provider's stock, valued at approximately $426,000.

A number of other institutional investors have also recently made changes to their positions in CB. Continuum Advisory LLC raised 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 acquiring an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in shares of Chubb during the third quarter valued at approximately $29,000. Raelipskie Partnership bought a new position in shares of Chubb during the third quarter valued at approximately $29,000. Sierra Ocean LLC bought a new position in shares of Chubb during the fourth quarter valued at approximately $29,000. Finally, Truvestments Capital LLC bought a new position in shares of Chubb during the third quarter valued at approximately $30,000. Hedge funds and other institutional investors own 83.81% of the company's stock.

Chubb Price Performance

CB traded up $8.33 on Thursday, hitting $281.99. 1,630,843 shares of the company's stock traded hands, compared to its average volume of 1,684,680. The company's 50 day simple moving average is $270.60 and its 200-day simple moving average is $279.59. The firm has a market cap of $113.67 billion, a price-to-earnings ratio of 12.41, a P/E/G ratio of 3.36 and a beta of 0.67. Chubb Limited has a one year low of $238.85 and a one year high of $302.05. 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 (NYSE:CB - Get Free Report) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (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, research analysts anticipate that Chubb Limited will post 21.52 EPS for the current year.

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.29%. Chubb's payout ratio is 16.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Royal Bank of Canada reiterated an "outperform" rating and issued a $320.00 price objective on shares of Chubb in a report on Thursday, January 30th. Barclays decreased their price objective on Chubb from $349.00 to $324.00 and set an "overweight" rating for the company in a report on Monday, January 6th. JMP Securities reissued a "market outperform" rating and issued a $325.00 target price on shares of Chubb in a research report on Wednesday, January 29th. Evercore ISI raised their target price on Chubb from $289.00 to $293.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods raised their target price on Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Chubb currently has an average rating of "Hold" and a consensus price target of $295.73.

About Chubb

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.