Advisory Resource Group Purchases 255 Shares of Chubb Limited (NYSE:CB)

Advisory Resource Group lifted its position in shares of Chubb Limited (NYSE:CB) by 7.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,739 shares of the financial services provider’s stock after purchasing an additional 255 shares during the quarter. Advisory Resource Group’s holdings in Chubb were worth $1,033,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC increased 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 worth $28,000 after acquiring an additional 35 shares in the last quarter. Kozak & Associates Inc. purchased a new stake in Chubb in the third quarter worth about $29,000. Gordian Capital Singapore Pte Ltd bought a new position in shares of Chubb during the third quarter valued at approximately $29,000. Raelipskie Partnership purchased a new position in shares of Chubb during the third quarter valued at approximately $29,000. Finally, Truvestments Capital LLC bought a new stake in shares of Chubb in the 3rd quarter worth approximately $30,000. 83.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CB. Wells Fargo & Company lowered their price objective on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Morgan Stanley upped their price target 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. 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. 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. Finally, JMP Securities restated a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a report on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $295.73.

Chubb Trading Down 1.0 %

Shares of NYSE:CB opened at $270.14 on Friday. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. The stock has a market capitalization of $108.89 billion, a price-to-earnings ratio of 11.89, a PEG ratio of 3.41 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The stock’s 50-day simple moving average is $273.52 and its two-hundred day simple moving average is $279.55.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) 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%. Analysts expect that Chubb Limited will post 21.66 EPS for the current year.

Chubb Dividend Announcement

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