Chubb Limited (NYSE:CB) Given Average Rating of “Moderate Buy” by Analysts

Shares of Chubb Limited (NYSE:CB) have received an average recommendation of “Moderate Buy” from the eighteen research firms that are covering the stock, MarketBeat.com reports. Nine analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $266.89.

CB has been the topic of a number of recent analyst reports. Evercore ISI lifted their price objective on Chubb from $270.00 to $281.00 and gave the stock an “outperform” rating in a research note on Thursday, April 11th. JMP Securities reiterated a “market outperform” rating and set a $280.00 price objective on shares of Chubb in a research report on Monday, April 15th. Morgan Stanley boosted their target price on shares of Chubb from $258.00 to $260.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. StockNews.com lowered Chubb from a “buy” rating to a “hold” rating in a research report on Wednesday, April 24th. Finally, Keefe, Bruyette & Woods upped their target price on Chubb from $275.00 to $297.00 and gave the company an “outperform” rating in a research report on Wednesday, April 10th.

Chubb Stock Performance

Shares of NYSE:CB opened at $248.54 on Tuesday. Chubb has a 1 year low of $183.71 and a 1 year high of $260.58. The stock has a market capitalization of $100.92 billion, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 1.18 and a beta of 0.63. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.29 and a quick ratio of 0.29. The company’s 50 day simple moving average is $251.96 and its 200 day simple moving average is $236.86.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, April 23rd. The financial services provider reported $5.41 earnings per share for the quarter, topping analysts’ consensus estimates of $5.29 by $0.12. Chubb had a net margin of 17.99% and a return on equity of 16.29%. The firm had revenue of $12.22 billion for the quarter, compared to analysts’ expectations of $11.75 billion. During the same quarter in the previous year, the firm posted $4.41 earnings per share. The company’s revenue was up 14.1% on a year-over-year basis. As a group, research analysts predict that Chubb will post 21.18 EPS for the current fiscal year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 15th were paid a $0.86 dividend. This represents a $3.44 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Thursday, March 14th. Chubb’s dividend payout ratio (DPR) is presently 15.27%.

Insider Activity

In other news, insider John J. Lupica sold 34,464 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $258.92, for a total value of $8,923,418.88. Following the completion of the sale, the insider now owns 130,937 shares in the company, valued at $33,902,208.04. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider John J. Lupica sold 34,464 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total value of $8,923,418.88. Following the completion of the transaction, the insider now directly owns 130,937 shares of the company’s stock, valued at $33,902,208.04. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Timothy Alan Boroughs sold 33,150 shares of Chubb stock in a transaction on Monday, February 26th. The stock was sold at an average price of $255.11, for a total value of $8,456,896.50. Following the sale, the executive vice president now owns 50,486 shares in the company, valued at $12,879,483.46. The disclosure for this sale can be found here. Insiders have sold 108,863 shares of company stock worth $28,007,307 over the last 90 days. 0.86% of the stock is currently owned by corporate insiders.

Institutional Trading of Chubb

Large investors have recently added to or reduced their stakes in the stock. Rossmore Private Capital boosted its position in Chubb by 1.6% during the fourth quarter. Rossmore Private Capital now owns 2,600 shares of the financial services provider’s stock worth $588,000 after purchasing an additional 41 shares during the period. Equitable Trust Co. lifted its stake in shares of Chubb by 1.4% during the 1st quarter. Equitable Trust Co. now owns 2,986 shares of the financial services provider’s stock valued at $774,000 after buying an additional 41 shares in the last quarter. MCF Advisors LLC boosted its holdings in Chubb by 4.2% in the 4th quarter. MCF Advisors LLC now owns 1,046 shares of the financial services provider’s stock worth $237,000 after buying an additional 42 shares during the period. Newbridge Financial Services Group Inc. grew its stake in Chubb by 11.1% in the 1st quarter. Newbridge Financial Services Group Inc. now owns 422 shares of the financial services provider’s stock valued at $109,000 after buying an additional 42 shares in the last quarter. Finally, Angeles Investment Advisors LLC raised its holdings in Chubb by 2.1% during the 4th quarter. Angeles Investment Advisors LLC now owns 2,027 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 42 shares during the period. Hedge funds and other institutional investors own 83.81% of the company’s stock.

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.