PDS Planning Inc Has $516,000 Position in Chubb Limited (NYSE:CB)

PDS Planning Inc increased its position in Chubb Limited (NYSE:CB) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,284 shares of the financial services provider’s stock after acquiring an additional 140 shares during the quarter. PDS Planning Inc’s holdings in Chubb were worth $516,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MCF Advisors LLC lifted its position in Chubb by 4.2% in the 4th quarter. MCF Advisors LLC now owns 1,046 shares of the financial services provider’s stock worth $237,000 after buying an additional 42 shares during the last quarter. AdvisorNet Financial Inc lifted its position in Chubb by 5.2% in the 4th quarter. AdvisorNet Financial Inc now owns 886 shares of the financial services provider’s stock worth $200,000 after buying an additional 44 shares during the last quarter. Valley National Advisers Inc. lifted its position in Chubb by 0.9% in the fourth quarter. Valley National Advisers Inc. now owns 5,113 shares of the financial services provider’s stock valued at $1,155,000 after purchasing an additional 44 shares during the last quarter. Sfmg LLC lifted its position in Chubb by 3.0% in the fourth quarter. Sfmg LLC now owns 1,533 shares of the financial services provider’s stock valued at $346,000 after purchasing an additional 45 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC lifted its position in Chubb by 3.9% in the third quarter. Regent Peak Wealth Advisors LLC now owns 1,244 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Activity at Chubb

In related news, insider John J. Lupica sold 34,464 shares of the stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total transaction of $8,923,418.88. Following the sale, the insider now directly owns 130,937 shares of the company’s stock, valued at $33,902,208.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Chubb news, CAO Annmarie T. Hagan sold 7,180 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $245.04, for a total value of $1,759,387.20. Following the transaction, the chief accounting officer now owns 6,105 shares of the company’s stock, valued at $1,495,969.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider John J. Lupica sold 34,464 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $258.92, for a total value of $8,923,418.88. Following the completion of the transaction, the insider now directly owns 130,937 shares in the company, valued at approximately $33,902,208.04. The disclosure for this sale can be found here. Insiders have sold 116,043 shares of company stock valued at $29,766,694 over the last ninety days. Insiders own 0.86% of the company’s stock.

Chubb Stock Down 0.1 %

Shares of NYSE CB traded down $0.36 during trading on Tuesday, reaching $251.14. The company had a trading volume of 455,736 shares, compared to its average volume of 1,710,844. Chubb Limited has a 12-month low of $183.71 and a 12-month high of $260.58. The stock has a market cap of $101.96 billion, a PE ratio of 11.52, a P/E/G ratio of 1.17 and a beta of 0.62. The business’s 50-day moving average is $252.58 and its 200 day moving average is $234.87. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $8.30 EPS for the quarter, beating the consensus estimate of $5.07 by $3.23. Chubb had a return on equity of 16.45% and a net margin of 18.11%. The company had revenue of $13.38 billion for the quarter, compared to analysts’ expectations of $12.88 billion. As a group, equities analysts forecast that Chubb Limited will post 21.32 earnings per share for the current fiscal year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Friday, March 15th were given a dividend of $0.86 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.44 annualized dividend and a dividend yield of 1.37%. Chubb’s dividend payout ratio (DPR) is presently 15.76%.

Analyst Ratings Changes

CB has been the subject of several recent research reports. UBS Group boosted their price objective on Chubb from $245.00 to $256.00 and gave the company a “neutral” rating in a research report on Monday, February 5th. Raymond James boosted their price objective on Chubb from $270.00 to $285.00 and gave the company a “strong-buy” rating in a research report on Thursday, February 1st. Wells Fargo & Company upped their target price on Chubb from $234.00 to $255.00 and gave the company an “equal weight” rating in a report on Thursday, February 1st. The Goldman Sachs Group upped their target price on Chubb from $228.00 to $254.00 and gave the company a “neutral” rating in a report on Friday, April 12th. Finally, Royal Bank of Canada upped their target price on Chubb from $255.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, February 1st. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $266.37.

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.