Chubb Limited (NYSE:CB) Shares Bought by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. lifted its position in shares of Chubb Limited (NYSE:CB) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,794 shares of the financial services provider’s stock after purchasing an additional 1,674 shares during the quarter. Chubb accounts for approximately 1.2% of ST Germain D J Co. Inc.’s portfolio, making the stock its 18th largest holding. ST Germain D J Co. Inc.’s holdings in Chubb were worth $25,639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC grew its position in Chubb by 7.3% during the third quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock valued at $4,492,103,000 after buying an additional 1,052,999 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Chubb by 1.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,933,389 shares of the financial services provider’s stock worth $1,258,202,000 after acquiring an additional 63,891 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Chubb by 2.9% during the 2nd quarter. Legal & General Group Plc now owns 3,679,874 shares of the financial services provider’s stock worth $938,663,000 after acquiring an additional 104,986 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Chubb by 7.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,297,706 shares of the financial services provider’s stock valued at $586,207,000 after acquiring an additional 160,335 shares during the period. Finally, Barclays PLC increased its stake in shares of Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock valued at $511,226,000 after purchasing an additional 388,746 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on CB. Keefe, Bruyette & Woods raised their price objective on Chubb from $320.00 to $328.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company lifted their price target on shares of Chubb from $266.00 to $268.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upped their price objective on shares of Chubb from $294.00 to $296.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Morgan Stanley boosted their target price on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group raised their price target on shares of Chubb from $294.00 to $295.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $286.58.

Chubb Trading Down 5.4 %

Chubb stock traded down $14.28 during midday trading on Friday, hitting $252.37. 1,921,406 shares of the stock were exchanged, compared to its average volume of 1,817,594. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The stock’s 50-day simple moving average is $279.37 and its 200 day simple moving average is $277.92. Chubb Limited has a fifty-two week low of $224.74 and a fifty-two week high of $302.05. The stock has a market capitalization of $101.73 billion, a price-to-earnings ratio of 10.33, a PEG ratio of 6.43 and a beta of 0.67.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.98 by $0.74. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The business had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. During the same quarter last year, the firm earned $4.95 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. On average, equities analysts anticipate that Chubb Limited will post 21.82 EPS for the current year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.44%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is presently 14.91%.

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.