TCI Wealth Advisors Inc. Has $262,000 Stake in Chubb Limited (NYSE:CB)

TCI Wealth Advisors Inc. cut its stake in Chubb Limited (NYSE:CB) by 10.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 950 shares of the financial services provider’s stock after selling 116 shares during the quarter. TCI Wealth Advisors Inc.’s holdings in Chubb were worth $262,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. AA Financial Advisors LLC raised its position in Chubb by 5.7% in the 4th quarter. AA Financial Advisors LLC now owns 5,042 shares of the financial services provider’s stock valued at $1,393,000 after buying an additional 273 shares during the last quarter. Oak Harvest Investment Services bought a new stake in shares of Chubb in the 4th quarter worth $503,000. Mediolanum International Funds Ltd raised its holdings in shares of Chubb by 31.4% in the fourth quarter. Mediolanum International Funds Ltd now owns 65,757 shares of the financial services provider’s stock valued at $18,066,000 after purchasing an additional 15,702 shares during the last quarter. Crews Bank & Trust bought a new position in shares of Chubb during the fourth quarter valued at about $86,000. Finally, Capital Investment Advisory Services LLC boosted its holdings in Chubb by 7.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 990 shares of the financial services provider’s stock worth $274,000 after purchasing an additional 71 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

Chubb Trading Down 1.0 %

NYSE:CB opened at $272.01 on Friday. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.05. The stock’s fifty day moving average price is $275.42 and its two-hundred day moving average price is $279.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28. The company has a market cap of $109.65 billion, a P/E ratio of 11.97, a P/E/G ratio of 7.45 and a beta of 0.67.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.86%. As a group, analysts expect that Chubb Limited will post 22.86 EPS 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 paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Friday, December 13th. Chubb’s dividend payout ratio is currently 16.02%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Bank of America increased their price objective on shares of Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Royal Bank of Canada reiterated an “outperform” rating and set a $320.00 price target on shares of Chubb in a report on Thursday. Jefferies Financial Group upped their price objective on Chubb from $294.00 to $295.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods lifted their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Evercore ISI increased their price target on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $289.83.

About Chubb

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.