Chubb Limited (NYSE:CB) Shares Bought by Sentinel Trust Co. LBA

Sentinel Trust Co. LBA increased its holdings in Chubb Limited (NYSE:CB) by 17.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,009 shares of the financial services provider’s stock after acquiring an additional 295 shares during the quarter. Sentinel Trust Co. LBA’s holdings in Chubb were worth $555,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CB. Continuum Advisory LLC grew its holdings in Chubb by 56.5% during 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. Gordian Capital Singapore Pte Ltd bought a new position in shares of Chubb during the third quarter worth about $29,000. Raelipskie Partnership bought a new position in shares of Chubb during the third quarter worth about $29,000. Sierra Ocean LLC acquired a new position in Chubb in the fourth quarter worth about $29,000. Finally, Truvestments Capital LLC bought a new stake in Chubb in the third quarter valued at about $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Price Performance

Shares of NYSE CB opened at $281.99 on Friday. The firm’s 50-day simple moving average is $270.77 and its 200 day simple moving average is $279.61. The stock has a market cap of $113.67 billion, a P/E ratio of 12.41, a P/E/G ratio of 3.36 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05.

Chubb (NYSE:CB) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping 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%. Equities analysts expect that Chubb Limited will post 21.52 EPS for the current year.

Chubb Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 1.29%. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CB shares. Keefe, Bruyette & Woods increased their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $320.00 price objective on shares of Chubb in a research note on Thursday, January 30th. JMP Securities reaffirmed a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a report on Wednesday, January 29th. JPMorgan Chase & Co. increased their target price on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Finally, Barclays decreased their price target 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. Two equities research 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. Based on data from MarketBeat.com, Chubb presently has a consensus rating of “Hold” and an average price target of $295.73.

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.