Chubb Limited (NYSE:CB) Shares Acquired by BluePath Capital Management LLC

BluePath Capital Management LLC grew its stake in Chubb Limited (NYSE:CB) by 19.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,531 shares of the financial services provider’s stock after buying an additional 748 shares during the period. BluePath Capital Management LLC’s holdings in Chubb were worth $1,186,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Continuum Advisory LLC boosted its position in Chubb by 56.5% in the third 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 last quarter. Kozak & Associates Inc. acquired a new stake in Chubb during the 3rd quarter valued at approximately $29,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Chubb in the 3rd quarter valued at $29,000. Raelipskie Partnership acquired a new stake in shares of Chubb in the third quarter worth $29,000. Finally, Truvestments Capital LLC purchased a new position in shares of 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

Several research firms have commented on CB. JMP Securities upped their price target on shares of Chubb from $300.00 to $325.00 and gave the company a “market outperform” rating in a report on Wednesday, October 30th. Barclays dropped their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Keefe, Bruyette & Woods boosted their price target on Chubb from $320.00 to $328.00 and gave the company an “outperform” rating in a report on Friday, January 10th. Bank of America raised their price objective on shares of Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th. Finally, Evercore ISI boosted their target price on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Chubb has a consensus rating of “Hold” and a consensus target price of $288.17.

Chubb Trading Up 1.1 %

Shares of Chubb stock opened at $268.34 on Thursday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a twelve month low of $226.06 and a twelve month high of $302.05. The firm has a market capitalization of $108.17 billion, a PE ratio of 10.99, a P/E/G ratio of 6.43 and a beta of 0.67. The firm’s 50-day moving average price is $278.46 and its 200 day moving average price is $278.16.

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

Chubb Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were paid a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a yield of 1.36%. Chubb’s dividend payout ratio (DPR) is presently 14.91%.

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.