Chubb Limited (NYSE:CB) Shares Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co raised its holdings in shares of Chubb Limited (NYSE:CB) by 3.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,690 shares of the financial services provider’s stock after buying an additional 119 shares during the period. CENTRAL TRUST Co’s holdings in Chubb were worth $1,020,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Continuum Advisory LLC grew its position in shares of Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 35 shares in the last quarter. Kozak & Associates Inc. acquired a new position in shares of Chubb in the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb in the 3rd quarter worth approximately $29,000. Raelipskie Partnership acquired a new position in shares of Chubb in the 3rd quarter worth approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in shares of Chubb in the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on CB shares. JMP Securities reiterated a “market outperform” rating and issued a $325.00 target price on shares of Chubb in a research report on Wednesday, January 29th. JPMorgan Chase & Co. lifted their target price on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods boosted their price objective on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research report on Friday. Barclays reduced their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, Morgan Stanley boosted their price objective on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Chubb has an average rating of “Hold” and a consensus price target of $290.12.

Chubb Stock Up 0.9 %

CB opened at $274.31 on Tuesday. Chubb Limited has a one year low of $238.85 and a one year 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 stock’s fifty day moving average is $275.16 and its 200-day moving average is $279.45. The company has a market capitalization of $110.57 billion, a PE ratio of 12.07, a P/E/G ratio of 3.35 and a beta of 0.67.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. On average, equities analysts predict that Chubb Limited will post 21.91 EPS for the current fiscal year.

Chubb Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio 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.