Mount Yale Investment Advisors LLC Has $645,000 Position in Chubb Limited (NYSE:CB)

Mount Yale Investment Advisors LLC reduced its stake in Chubb Limited (NYSE:CB) by 28.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,491 shares of the financial services provider’s stock after selling 1,011 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Chubb were worth $645,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Ritholtz Wealth Management boosted its position in shares of Chubb by 8.8% during the fourth quarter. Ritholtz Wealth Management now owns 5,209 shares of the financial services provider’s stock worth $1,177,000 after purchasing an additional 420 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in Chubb by 4.5% in the 4th quarter. SeaCrest Wealth Management LLC now owns 2,671 shares of the financial services provider’s stock valued at $608,000 after acquiring an additional 116 shares during the period. Global Retirement Partners LLC raised its position in shares of Chubb by 1.4% in the fourth quarter. Global Retirement Partners LLC now owns 6,193 shares of the financial services provider’s stock valued at $1,410,000 after purchasing an additional 84 shares during the period. Quent Capital LLC lifted its stake in shares of Chubb by 14.1% during the 4th quarter. Quent Capital LLC now owns 1,158 shares of the financial services provider’s stock worth $262,000 after buying an additional 143 shares during the last quarter. Finally, Realta Investment Advisors bought a new stake in shares of Chubb during the 4th quarter worth about $213,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CB has been the topic of several research analyst reports. HSBC reissued a “hold” rating and issued a $270.00 price target (down from $275.00) on shares of Chubb in a report on Thursday, April 4th. William Blair cut shares of Chubb from a “market perform” rating to an “underperform” rating in a research report on Friday, June 28th. Royal Bank of Canada lifted their price objective on shares of Chubb from $285.00 to $295.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Roth Mkm boosted their price objective on shares of Chubb from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, StockNews.com cut shares of Chubb from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $270.79.

Chubb Price Performance

Shares of CB stock traded up $4.94 during trading on Tuesday, hitting $276.64. The company had a trading volume of 166,370 shares, compared to its average volume of 1,636,631. Chubb Limited has a 52 week low of $198.10 and a 52 week high of $277.44. The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $112.33 billion, a price-to-earnings ratio of 12.23, a price-to-earnings-growth ratio of 5.18 and a beta of 0.66. The stock’s 50-day moving average is $262.18 and its two-hundred day moving average is $254.12.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $5.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.04 by $0.34. The firm had revenue of $13.36 billion for the quarter, compared to analysts’ expectations of $13.04 billion. Chubb had a return on equity of 15.77% and a net margin of 18.14%. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the firm earned $4.92 earnings per share. As a group, analysts predict that Chubb Limited will post 21.12 EPS for the current fiscal year.

Chubb Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 5th. Investors of record on Friday, June 14th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.32%. This is an increase from Chubb’s previous quarterly dividend of $0.86. The ex-dividend date of this dividend was Friday, June 14th. Chubb’s payout ratio is presently 16.16%.

Insider Buying and Selling at Chubb

In related news, CAO Annmarie T. Hagan sold 1,529 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $263.81, for a total value of $403,365.49. Following the sale, the chief accounting officer now directly owns 7,718 shares of the company’s stock, valued at $2,036,085.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO John W. Keogh sold 34,707 shares of the stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $251.98, for a total value of $8,745,469.86. Following the completion of the transaction, the chief operating officer now owns 284,136 shares of the company’s stock, valued at approximately $71,596,589.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Annmarie T. Hagan sold 1,529 shares of Chubb stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $263.81, for a total value of $403,365.49. Following the sale, the chief accounting officer now owns 7,718 shares in the company, valued at $2,036,085.58. The disclosure for this sale can be found here. Insiders sold 47,552 shares of company stock valued at $12,149,985 in the last quarter. Company insiders own 0.86% of the company’s stock.

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.