Valley Brook Capital Group Inc. Buys 55 Shares of Chubb Limited (NYSE:CB)

Valley Brook Capital Group Inc. grew its stake in Chubb Limited (NYSE:CB) by 2.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,525 shares of the financial services provider’s stock after acquiring an additional 55 shares during the period. Valley Brook Capital Group Inc.’s holdings in Chubb were worth $698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Ironwood Investment Counsel LLC grew its stake in shares of Chubb by 2.1% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider’s stock valued at $496,000 after buying an additional 35 shares during the period. Continuum Advisory LLC grew its stake in shares of Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after buying an additional 35 shares during the period. First Financial Bank Trust Division boosted its stake in Chubb by 3.7% during the 4th quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider’s stock valued at $283,000 after purchasing an additional 37 shares during the last quarter. Rede Wealth LLC boosted its stake in Chubb by 2.0% during the 4th quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 37 shares during the last quarter. Finally, Wealth Effects LLC boosted its stake in Chubb by 3.0% during the 3rd quarter. Wealth Effects LLC now owns 1,370 shares of the financial services provider’s stock valued at $395,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CB shares. Wells Fargo & Company cut their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Morgan Stanley lifted their price target on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods lifted their price target on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Royal Bank of Canada reiterated an “outperform” rating and set a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Finally, Evercore ISI lifted their price target on Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $295.73.

Chubb Trading Up 0.5 %

Shares of CB stock opened at $267.95 on Wednesday. The company’s fifty day simple moving average is $273.04 and its two-hundred day simple moving average is $279.84. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.05. The stock has a market capitalization of $108.01 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 3.41 and a beta of 0.67.

Chubb (NYSE:CB) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) 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%. As a group, analysts anticipate that Chubb Limited will post 21.66 earnings per share for the current year.

Chubb Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were given a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.36%. Chubb’s dividend payout ratio (DPR) is currently 16.02%.

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.