Chubb Limited (NYSE:CB) Shares Acquired by Diversified Trust Co

Diversified Trust Co increased its holdings in shares of Chubb Limited (NYSE:CB) by 30.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 55,866 shares of the financial services provider’s stock after acquiring an additional 13,134 shares during the period. Diversified Trust Co’s holdings in Chubb were worth $15,436,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CB. Barclays PLC grew its position in shares of Chubb by 28.1% in the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock valued at $511,226,000 after purchasing an additional 388,746 shares during the period. Moloney Securities Asset Management LLC raised its holdings in shares of Chubb by 97.9% during the third quarter. Moloney Securities Asset Management LLC now owns 3,851 shares of the financial services provider’s stock valued at $1,111,000 after acquiring an additional 1,905 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Chubb by 21.2% in the second quarter. Private Advisor Group LLC now owns 12,853 shares of the financial services provider’s stock worth $3,279,000 after acquiring an additional 2,250 shares during the last quarter. Savvy Advisors Inc. purchased a new stake in shares of Chubb during the third quarter worth approximately $721,000. Finally, U.S. Capital Wealth Advisors LLC raised its stake in Chubb by 14.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 16,636 shares of the financial services provider’s stock valued at $4,798,000 after purchasing an additional 2,102 shares during the last quarter. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Chubb Trading Up 1.2 %

CB traded up $3.34 during trading on Tuesday, hitting $270.65. The company’s stock had a trading volume of 376,638 shares, compared to its average volume of 1,260,744. Chubb Limited has a twelve month low of $222.85 and a twelve month high of $302.05. The firm’s 50 day moving average price is $280.41 and its 200-day moving average price is $278.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a market cap of $109.10 billion, a PE ratio of 11.08, a PEG ratio of 6.43 and a beta of 0.67.

Chubb (NYSE:CB) last issued its earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share for the quarter, topping the consensus estimate of $4.98 by $0.74. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The business had revenue of $13.83 billion for the quarter, compared to analyst estimates of $14.16 billion. During the same period last year, the company posted $4.95 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts expect that Chubb Limited will post 21.82 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is 14.91%.

Wall Street Analysts Forecast Growth

CB has been the subject of a number of research reports. Barclays dropped their target price on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday. Bank of America raised their target price on shares of Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a research note on Thursday, October 10th. Keefe, Bruyette & Woods upped their price target on Chubb from $305.00 to $320.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Jefferies Financial Group lifted their price objective on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company boosted their price objective on Chubb from $266.00 to $268.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Chubb has an average rating of “Hold” and a consensus target price of $286.16.

Chubb 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.