Chubb Limited (NYSE:CB) Shares Sold by One Wealth Advisors LLC

One Wealth Advisors LLC reduced its position in Chubb Limited (NYSE:CB) by 19.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 725 shares of the financial services provider’s stock after selling 172 shares during the period. One Wealth Advisors LLC’s holdings in Chubb were worth $200,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CB. FMR LLC grew its stake in shares of Chubb by 7.3% in the third quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock valued at $4,492,103,000 after buying an additional 1,052,999 shares in the last quarter. Barclays PLC grew its position in Chubb by 28.1% in the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock valued at $511,226,000 after acquiring an additional 388,746 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Chubb by 49.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider’s stock valued at $338,070,000 after purchasing an additional 389,343 shares during the period. International Assets Investment Management LLC lifted its position in shares of Chubb by 28,885.3% during the third quarter. International Assets Investment Management LLC now owns 935,067 shares of the financial services provider’s stock worth $2,696,640,000 after purchasing an additional 931,841 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Chubb by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 925,622 shares of the financial services provider’s stock valued at $266,940,000 after purchasing an additional 7,462 shares during the period. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Stock Up 0.9 %

Chubb stock opened at $274.31 on Tuesday. 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 company has a 50-day simple moving average of $275.16 and a 200-day simple moving average of $279.45. The firm has a market capitalization of $110.57 billion, a P/E ratio of 12.07, a P/E/G ratio of 3.35 and a beta of 0.67. Chubb Limited has a one year low of $238.85 and a one year high of $302.05.

Chubb (NYSE:CB) last released its quarterly earnings results 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 expect that Chubb Limited will post 21.91 earnings per share for the current year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.33%. Chubb’s dividend payout ratio is presently 16.02%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CB. Bank of America boosted their price objective on shares of Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods boosted their price target on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday. Morgan Stanley raised their price objective on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. JMP Securities reaffirmed a “market outperform” rating and issued a $325.00 target price on shares of Chubb in a research report on Wednesday, January 29th. Finally, Jefferies Financial Group raised their price target on shares of Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $290.12.

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.