Chubb Limited $CB Shares Bought by GenTrust LLC

GenTrust LLC boosted its holdings in shares of Chubb Limited (NYSE:CB) by 176.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,500 shares of the financial services provider’s stock after buying an additional 1,596 shares during the period. GenTrust LLC’s holdings in Chubb were worth $783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC increased its position in Chubb by 155.6% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock valued at $26,000 after buying an additional 56 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in Chubb during the 4th quarter valued at about $31,000. Ares Financial Consulting LLC acquired a new position in Chubb during the 4th quarter valued at about $32,000. KERR FINANCIAL PLANNING Corp acquired a new position in Chubb during the 3rd quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC increased its position in Chubb by 81.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock valued at $33,000 after buying an additional 53 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Chubb

In other news, Director Olivier Steimer sold 2,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $329.30, for a total value of $658,600.00. Following the sale, the director owned 25,468 shares in the company, valued at $8,386,612.40. This represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy Alan Boroughs sold 27,817 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $331.98, for a total value of $9,234,687.66. Following the completion of the sale, the executive vice president owned 11,810 shares in the company, valued at $3,920,683.80. The trade was a 70.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,877 shares of company stock worth $14,885,226 over the last quarter. 0.37% of the stock is currently owned by insiders.

Chubb Stock Up 0.4%

Shares of CB stock opened at $327.20 on Friday. The stock’s 50-day simple moving average is $329.03 and its 200-day simple moving average is $310.95. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.27 and a current ratio of 0.28. The firm has a market capitalization of $126.91 billion, a PE ratio of 11.55, a P/E/G ratio of 1.67 and a beta of 0.49. Chubb Limited has a fifty-two week low of $264.10 and a fifty-two week high of $345.67.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share for the quarter. The business had revenue of $14.93 billion for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%. Equities analysts expect that Chubb Limited will post 26.68 earnings per share for the current year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 13th were paid a $0.97 dividend. The ex-dividend date was Friday, March 13th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.2%. Chubb’s dividend payout ratio is presently 13.70%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Evercore upped their target price on Chubb from $347.00 to $349.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. Roth Mkm upped their target price on Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. The Goldman Sachs Group upped their target price on Chubb from $368.00 to $372.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Barclays increased their price objective on Chubb from $374.00 to $375.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Finally, Weiss Ratings raised Chubb from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Chubb has a consensus rating of “Moderate Buy” and an average price target of $349.33.

Chubb Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.