1,386 Shares in Chubb Limited (NYSE:CB) Bought by Wynn Capital LLC

Wynn Capital LLC acquired a new position in shares of Chubb Limited (NYSE:CB) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,386 shares of the financial services provider’s stock, valued at approximately $313,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hartline Investment Corp bought a new position in Chubb during the fourth quarter valued at about $208,000. Bfsg LLC acquired a new position in Chubb in the 4th quarter worth about $65,000. Alaska Permanent Fund Corp increased its position in Chubb by 1.1% in the 4th quarter. Alaska Permanent Fund Corp now owns 31,903 shares of the financial services provider’s stock worth $7,210,000 after purchasing an additional 343 shares during the last quarter. GAMMA Investing LLC acquired a new position in Chubb in the 4th quarter worth about $597,000. Finally, Eudaimonia Advisors LLC increased its holdings in shares of Chubb by 22.9% during the 4th quarter. Eudaimonia Advisors LLC now owns 2,307 shares of the financial services provider’s stock valued at $521,000 after acquiring an additional 430 shares during the last quarter. 83.81% of the stock is currently owned by institutional investors.

Chubb Trading Down 2.7 %

Shares of Chubb stock traded down $6.87 during trading on Wednesday, reaching $243.01. 3,184,853 shares of the stock were exchanged, compared to its average volume of 1,748,423. Chubb Limited has a 1 year low of $183.71 and a 1 year high of $260.58. The stock’s fifty day moving average is $252.64 and its 200 day moving average is $235.15. The firm has a market cap of $98.66 billion, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 1.18 and a beta of 0.62. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB) last issued its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported $5.41 earnings per share for the quarter, topping the consensus estimate of $5.29 by $0.12. Chubb had a net margin of 18.11% and a return on equity of 16.45%. The business had revenue of $12.22 billion for the quarter, compared to analysts’ expectations of $11.75 billion. During the same quarter last year, the company posted $4.41 EPS. The company’s revenue was up 14.1% compared to the same quarter last year. As a group, equities research analysts expect that Chubb Limited will post 21.32 earnings per share for the current fiscal year.

Chubb Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 15th were issued a $0.86 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.42%. Chubb’s dividend payout ratio (DPR) is presently 15.76%.

Insider Activity at Chubb

In related news, CAO Annmarie T. Hagan sold 7,180 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $245.04, for a total transaction of $1,759,387.20. Following the completion of the transaction, the chief accounting officer now owns 6,105 shares in the company, valued at approximately $1,495,969.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP Timothy Alan Boroughs sold 33,150 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $255.11, for a total transaction of $8,456,896.50. Following the completion of the sale, the executive vice president now directly owns 50,486 shares in the company, valued at $12,879,483.46. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Annmarie T. Hagan sold 7,180 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $245.04, for a total transaction of $1,759,387.20. Following the completion of the sale, the chief accounting officer now directly owns 6,105 shares in the company, valued at $1,495,969.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 116,043 shares of company stock worth $29,766,694. Insiders own 0.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on CB shares. UBS Group raised their price objective on Chubb from $245.00 to $256.00 and gave the stock a “neutral” rating in a research report on Monday, February 5th. The Goldman Sachs Group lifted their price objective on Chubb from $228.00 to $254.00 and gave the company a “neutral” rating in a research report on Friday, April 12th. TD Cowen began coverage on Chubb in a research note on Wednesday, January 10th. They issued a “market perform” rating and a $254.00 target price for the company. BMO Capital Markets lifted their target price on Chubb from $220.00 to $240.00 and gave the stock a “market perform” rating in a report on Monday, February 5th. Finally, StockNews.com upgraded Chubb from a “hold” rating to a “buy” rating in a report on Saturday, March 30th. Nine investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $266.37.

Chubb 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.