Personal CFO Solutions LLC Has $53.53 Million Stock Position in Chubb Limited (NYSE:CB)

Personal CFO Solutions LLC lessened its position in shares of Chubb Limited (NYSE:CB) by 0.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 193,753 shares of the financial services provider’s stock after selling 42 shares during the period. Chubb comprises approximately 10.5% of Personal CFO Solutions LLC’s portfolio, making the stock its biggest holding. Personal CFO Solutions LLC’s holdings in Chubb were worth $53,534,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CB. Continuum Advisory LLC increased its position 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 purchasing an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd acquired a new position in Chubb during the 3rd quarter worth approximately $29,000. Raelipskie Partnership acquired a new position in Chubb during the 3rd quarter worth approximately $29,000. Sierra Ocean LLC acquired a new position in Chubb during the 4th quarter worth approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in Chubb during the 3rd quarter worth approximately $30,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. JMP Securities restated a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Hsbc Global Res upgraded shares of Chubb from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. 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 research report on Monday, January 6th. Finally, HSBC upgraded shares of Chubb from a “hold” rating to a “buy” rating and set a $323.00 price target for the company in a research report on Wednesday. Two analysts have rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $299.27.

Chubb Stock Up 0.1 %

Chubb stock opened at $286.52 on Friday. Chubb Limited has a 1-year low of $238.85 and a 1-year high of $302.05. The firm has a market capitalization of $114.73 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 3.36 and a beta of 0.66. The firm’s fifty day moving average price is $272.01 and its two-hundred day moving average price is $280.30. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last released its quarterly earnings data 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 net margin of 16.63% and a return on equity of 13.75%. On average, equities research analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date is Friday, March 14th. Chubb’s dividend payout ratio (DPR) is 16.02%.

Insider Buying and Selling at Chubb

In other news, EVP Joseph F. Wayland sold 10,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the completion of the sale, the executive vice president now owns 77,703 shares in the company, valued at $22,297,652.88. This represents a 11.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.