Chubb (NYSE:CB) Price Target Cut to $352.00 by Analysts at Jefferies Financial Group

Chubb (NYSE:CB) had its target price cut by Jefferies Financial Group from $356.00 to $352.00 in a research note issued to investors on Thursday morning,MarketScreener reports. They currently have a hold rating on the financial services provider’s stock.

A number of other research firms have also recently commented on CB. Morgan Stanley set a $350.00 target price on Chubb in a research note on Friday, January 16th. Barclays increased their price target on shares of Chubb from $374.00 to $375.00 and gave the company an “equal weight” rating in a research report on Wednesday. Bank of America lowered their price objective on shares of Chubb from $286.00 to $271.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Roth Mkm boosted their target price on shares of Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Finally, Raymond James Financial increased their target price on shares of Chubb from $340.00 to $380.00 and gave the company a “strong-buy” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $348.71.

Chubb Stock Performance

Shares of CB opened at $332.82 on Thursday. The stock has a 50 day moving average of $329.13 and a 200 day moving average of $309.53. The company has a market capitalization of $129.88 billion, a price-to-earnings ratio of 11.75, a PEG ratio of 1.72 and a beta of 0.49. Chubb has a 12 month low of $264.10 and a 12 month high of $345.67. The company has a current ratio of 0.34, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $6.82 earnings per share for the quarter, topping the consensus estimate of $6.58 by $0.24. The business had revenue of $14.93 billion for the quarter, compared to analysts’ expectations of $13.51 billion. Chubb had a return on equity of 14.30% and a net margin of 18.58%.During the same quarter in the previous year, the firm earned $3.68 earnings per share. As a group, sell-side analysts forecast that Chubb will post 26.52 earnings per share for the current year.

Chubb Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 13th were issued a $0.97 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $3.88 annualized dividend and a yield of 1.2%. Chubb’s dividend payout ratio (DPR) is 13.70%.

Insider Activity at Chubb

In other Chubb news, Director Olivier Steimer sold 2,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $329.30, for a total transaction of $658,600.00. Following the sale, the director directly owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Evan G. Greenberg sold 15,060 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $331.47, for a total transaction of $4,991,938.20. Following the transaction, the chief executive officer owned 511,576 shares of the company’s stock, valued at $169,572,096.72. This represents a 2.86% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 44,877 shares of company stock worth $14,885,226. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Harbor Capital Advisors Inc. lifted its position in shares of Chubb by 93.6% during the third quarter. Harbor Capital Advisors Inc. now owns 91 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 44 shares in the last quarter. Cedar Mountain Advisors LLC grew its position in shares of Chubb by 155.6% in the third quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 56 shares in the last quarter. CBIZ Investment Advisory Services LLC grew its position in shares of Chubb by 148.5% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 49 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in shares of Chubb during the 1st quarter valued at $29,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of Chubb during the 3rd quarter valued at $31,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

More Chubb News

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Q1 results beat revenue and underwriting expectations: Chubb reported stronger-than-expected top-line growth and higher P&C underwriting profit, plus improved investment and life income — a core reason investors are bullish today. CB Q1 Deep Dive
• Positive Sentiment: Multiple brokerages raised price targets or reiterated positive ratings (HSBC to $370 buy; Keefe Bruyette & Woods to $374 outperform; Evercore to $349; Barclays to $375; Citizens JMP to $365), supporting upside momentum. HSBC PT Raise KBW PT Raise
• Positive Sentiment: Berkshire Hathaway / Warren Buffett continuing ownership is a structural positive for investor confidence; coverage pieces highlight Buffett’s large stake as endorsement. Buffett Confidence
• Neutral Sentiment: Some analysts remain conflicted or neutral — Cantor Fitzgerald reaffirmed a neutral/price-target view ($315), and broader coverage shows mixed sentiment across financial peers, tempering a unanimous buy case. Analysts Conflicted
• Negative Sentiment: Market concerns about a softening property insurance market—rising competition and declining rates—are weighing on sentiment despite the beat; this is cited as the reason shares dipped after results in some coverage. CNBC Market Concerns
• Negative Sentiment: GAAP EPS was pressured by higher realized losses in the quarter (reported in some earnings coverage), a near-term headwind investors must monitor even as core underwriting improved. GAAP EPS Miss

Chubb Company 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.