Chubb Limited (NYSE:CB) Shares Acquired by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. raised its holdings in shares of Chubb Limited (NYSE:CB) by 15.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,142 shares of the financial services provider’s stock after acquiring an additional 150 shares during the period. Duncker Streett & Co. Inc.’s holdings in Chubb were worth $316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Continuum Advisory LLC lifted 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 purchasing an additional 35 shares during the period. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb in the 3rd quarter valued at $29,000. Raelipskie Partnership acquired a new position in shares of Chubb in the 3rd quarter valued at $29,000. Sierra Ocean LLC acquired a new position in shares of Chubb in the 4th quarter valued at $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 institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CB shares. Keefe, Bruyette & Woods upped their price objective on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $320.00 price objective on shares of Chubb in a research report on Thursday, January 30th. JPMorgan Chase & Co. upped their price objective on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. JMP Securities restated a “market outperform” rating and set a $325.00 price objective on shares of Chubb in a research report on Wednesday, January 29th. Finally, Barclays reduced their price objective 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. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $295.73.

Chubb Price Performance

Chubb stock opened at $285.34 on Monday. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05. The stock has a market cap of $115.02 billion, a P/E ratio of 12.56, a PEG ratio of 3.36 and a beta of 0.67. The company has a 50-day moving average price of $271.02 and a 200 day moving average price of $279.87. 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 (EPS) for the quarter, topping the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. Sell-side analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, March 14th. Chubb’s dividend payout ratio is presently 16.02%.

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.