Henry James International Management Inc. Increases Stock Position in Chubb Limited (NYSE:CB)

Henry James International Management Inc. boosted its position in shares of Chubb Limited (NYSE:CB) by 21.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,234 shares of the financial services provider’s stock after purchasing an additional 568 shares during the period. Henry James International Management Inc.’s holdings in Chubb were worth $894,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ironwood Investment Counsel LLC raised its position in shares of Chubb by 2.1% in the 3rd quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider’s stock valued at $496,000 after purchasing an additional 35 shares in the last quarter. Continuum Advisory LLC increased its stake in shares of Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares during the last quarter. First Financial Bank Trust Division raised its holdings in Chubb by 3.7% in the fourth quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider’s stock valued at $283,000 after acquiring an additional 37 shares in the last quarter. Rede Wealth LLC raised its holdings in Chubb by 2.0% in the fourth quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider’s stock valued at $525,000 after acquiring an additional 37 shares in the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. boosted its stake in Chubb by 1.1% during the 3rd quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,706 shares of the financial services provider’s stock valued at $1,069,000 after acquiring an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Stock Performance

Shares of CB opened at $285.34 on Friday. The firm has a fifty day moving average of $271.02 and a 200-day moving average of $279.73. The company has a market cap of $115.02 billion, a price-to-earnings ratio of 12.56, a price-to-earnings-growth ratio of 3.36 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. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.05.

Chubb (NYSE:CB) last posted 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 net margin of 16.63% and a return on equity of 13.75%. As a group, equities analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 14th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, March 14th. Chubb’s dividend payout ratio (DPR) is 16.02%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. JMP Securities reissued a “market outperform” rating and issued a $325.00 target price on shares of Chubb in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price objective on shares of Chubb in a report on Thursday, January 30th. JPMorgan Chase & Co. increased their target price on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Barclays decreased their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Finally, Wells Fargo & Company reduced their price objective on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. 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 company. Based on data from MarketBeat.com, Chubb currently has a consensus rating of “Hold” and an average price target of $295.73.

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.