Y.D. More Investments Ltd Increases Stake in Chubb Limited (NYSE:CB)

Y.D. More Investments Ltd boosted its holdings in shares of Chubb Limited (NYSE:CB) by 83.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 458 shares of the financial services provider’s stock after acquiring an additional 208 shares during the quarter. Y.D. More Investments Ltd’s holdings in Chubb were worth $127,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Continuum Advisory LLC increased its holdings in Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares during the period. Kozak & Associates Inc. purchased a new position in shares of Chubb during the third quarter valued at $29,000. Gordian Capital Singapore Pte Ltd bought a new stake in shares of Chubb in the third quarter valued at about $29,000. Raelipskie Partnership purchased a new stake in Chubb in the third quarter worth about $29,000. Finally, Truvestments Capital LLC purchased a new position in Chubb during the 3rd quarter valued at about $30,000. 83.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CB has been the subject of several research reports. Jefferies Financial Group upped their price target on shares of Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Royal Bank of Canada restated an “outperform” rating and set a $320.00 target price on shares of Chubb in a report on Thursday, January 30th. Morgan Stanley lifted their price target on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. Bank of America upped their price objective on 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 lifted their target price on Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $295.73.

Chubb Stock Up 0.2 %

CB stock opened at $272.73 on Thursday. The firm’s fifty day moving average is $274.59 and its 200 day moving average is $279.59. The firm has a market cap of $109.94 billion, a PE ratio of 12.00, a P/E/G ratio of 3.35 and a beta of 0.67. Chubb Limited has a one year low of $238.85 and a one year high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. On average, research analysts forecast that Chubb Limited will post 21.91 EPS for the current year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were issued a $0.91 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a yield of 1.33%. Chubb’s payout ratio is 16.02%.

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.