Chubb Limited (NYSE:CB) Shares Acquired by Stiles Financial Services Inc

Stiles Financial Services Inc increased its holdings in shares of Chubb Limited (NYSE:CB) by 20.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,165 shares of the financial services provider’s stock after purchasing an additional 541 shares during the quarter. Stiles Financial Services Inc’s holdings in Chubb were worth $875,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CB. Continuum Advisory LLC boosted its stake in Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares during the period. Kozak & Associates Inc. purchased a new position in shares of Chubb during the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Chubb in the 3rd quarter valued at approximately $29,000. Raelipskie Partnership purchased a new stake in Chubb in the third quarter valued at approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in Chubb during the third quarter worth $30,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Price Performance

Shares of NYSE CB opened at $270.14 on Monday. The stock’s 50-day simple moving average is $273.52 and its 200-day simple moving average is $279.67. The firm has a market capitalization of $108.89 billion, a PE ratio of 11.89, a price-to-earnings-growth ratio of 3.41 and a beta of 0.67. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.

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, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. As a group, equities research analysts forecast that Chubb Limited will post 21.66 EPS for the current fiscal year.

Chubb Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CB shares. Morgan Stanley lifted their price objective on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Wells Fargo & Company cut their price target on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. raised their price objective on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 target price on shares of Chubb in a research note on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $295.73.

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.