Chubb Limited (NYSE:CB) Shares Acquired by TFG Advisers LLC

TFG Advisers LLC increased its holdings in shares of Chubb Limited (NYSE:CB) by 4.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,558 shares of the financial services provider’s stock after acquiring an additional 354 shares during the period. TFG Advisers LLC’s holdings in Chubb were worth $2,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vest Financial LLC boosted its holdings in Chubb by 12.6% in the 4th quarter. Vest Financial LLC now owns 322,904 shares of the financial services provider’s stock worth $89,218,000 after buying an additional 36,016 shares during the last quarter. Conning Inc. lifted its position in shares of Chubb by 4.8% in the fourth quarter. Conning Inc. now owns 4,122 shares of the financial services provider’s stock valued at $1,139,000 after acquiring an additional 190 shares in the last quarter. Joel Isaacson & Co. LLC boosted its stake in shares of Chubb by 230.1% in the fourth quarter. Joel Isaacson & Co. LLC now owns 8,281 shares of the financial services provider’s stock worth $2,288,000 after acquiring an additional 5,772 shares during the last quarter. Northstar Group Inc. increased its position in shares of Chubb by 29.5% during the fourth quarter. Northstar Group Inc. now owns 2,619 shares of the financial services provider’s stock worth $724,000 after purchasing an additional 596 shares in the last quarter. Finally, Lecap Asset Management Ltd. acquired a new position in Chubb in the 4th quarter valued at $2,170,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Stock Performance

NYSE CB opened at $270.14 on Friday. The stock has a fifty day simple moving average of $273.89 and a 200-day simple moving average of $279.49. 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 market cap of $108.89 billion, a PE ratio of 11.89, a P/E/G ratio of 3.35 and a beta of 0.67. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. Equities analysts anticipate that Chubb Limited will post 21.91 earnings per share for the current year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were issued a $0.91 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $3.64 annualized dividend and a yield of 1.35%. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

Analyst Ratings Changes

CB has been the topic of several recent research reports. Keefe, Bruyette & Woods lifted their target price on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Evercore ISI boosted their price target on shares of Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. JMP Securities reiterated a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a report on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $320.00 target price on shares of Chubb in a report on Thursday, January 30th. Finally, Barclays dropped their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price 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.