J.W. Cole Advisors Inc. Has $2.70 Million Stock Position in Chubb Limited (NYSE:CB)

J.W. Cole Advisors Inc. raised its holdings in shares of Chubb Limited (NYSE:CB) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,781 shares of the financial services provider’s stock after purchasing an additional 208 shares during the period. J.W. Cole Advisors Inc.’s holdings in Chubb were worth $2,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Csenge Advisory Group increased its stake in Chubb by 3.2% during the 4th quarter. Csenge Advisory Group now owns 4,270 shares of the financial services provider’s stock worth $1,180,000 after purchasing an additional 133 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Chubb in the 4th quarter valued at approximately $30,000. Allworth Financial LP boosted its holdings in shares of Chubb by 551.9% in the 4th quarter. Allworth Financial LP now owns 64,684 shares of the financial services provider’s stock valued at $17,356,000 after buying an additional 54,761 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Chubb by 23.0% in the 4th quarter. Principal Securities Inc. now owns 13,864 shares of the financial services provider’s stock valued at $3,831,000 after buying an additional 2,590 shares during the last quarter. Finally, TigerOak Management L.L.C. acquired a new stake in shares of Chubb in the 4th quarter valued at approximately $1,096,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Chubb Stock Performance

Shares of CB opened at $264.49 on Monday. The company has a market cap of $106.62 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 3.41 and a beta of 0.67. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The stock has a 50-day moving average price of $271.54 and a 200-day moving average price of $279.61. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, beating 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%. As a group, equities analysts forecast that Chubb Limited will post 21.66 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were paid a $0.91 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a yield of 1.38%. Chubb’s dividend payout ratio (DPR) is currently 16.02%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CB shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. Evercore ISI raised their price target on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Barclays decreased their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. 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. Finally, Morgan Stanley lifted their price target on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $295.73.

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.