Chubb Limited (NYSE:CB) Given Average Rating of “Hold” by Analysts

Shares of Chubb Limited (NYSE:CB) have been given an average rating of “Hold” by the sixteen research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $295.73.

Several equities analysts have commented on the company. Jefferies Financial Group increased their target price on Chubb from $294.00 to $295.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Barclays dropped their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. JMP Securities reissued a “market outperform” rating and set a $325.00 target price on shares of Chubb in a report on Wednesday, January 29th. Evercore ISI raised their price target 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. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th.

Chubb Trading Up 0.2 %

Shares of Chubb stock opened at $272.73 on Thursday. The firm has a market capitalization of $109.94 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 3.35 and a beta of 0.67. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The firm’s 50 day moving average is $274.59 and its 200 day moving average is $279.59. Chubb has a 1 year low of $238.85 and a 1 year high of $302.05.

Chubb (NYSE:CB) last announced its quarterly earnings results 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%. Equities research analysts forecast that Chubb will post 21.91 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is 16.02%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Continuum Advisory LLC raised its holdings in shares of Chubb by 56.5% during the third 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. Kozak & Associates Inc. bought a new stake in Chubb in the 3rd quarter valued at about $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in Chubb during the 3rd quarter worth approximately $29,000. Raelipskie Partnership bought a new position in Chubb in the third quarter worth approximately $29,000. Finally, Sierra Ocean LLC acquired a new stake in Chubb in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Company 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.