Aspiriant LLC Takes $236,000 Position in Chubb Limited (NYSE:CB)

Aspiriant LLC purchased a new stake in Chubb Limited (NYSE:CB) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 853 shares of the financial services provider’s stock, valued at approximately $236,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. AE Wealth Management LLC increased its stake in Chubb by 52.8% during the second quarter. AE Wealth Management LLC now owns 3,467 shares of the financial services provider’s stock worth $884,000 after acquiring an additional 1,198 shares during the last quarter. Gabelli Funds LLC increased its stake in Chubb by 9.9% during the 2nd quarter. Gabelli Funds LLC now owns 10,005 shares of the financial services provider’s stock worth $2,552,000 after buying an additional 900 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Chubb by 4.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,887 shares of the financial services provider’s stock worth $520,000 after acquiring an additional 82 shares in the last quarter. Bank of Montreal Can raised its position in shares of Chubb by 7.0% in the 2nd quarter. Bank of Montreal Can now owns 647,420 shares of the financial services provider’s stock valued at $170,828,000 after purchasing an additional 42,562 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC raised its holdings in Chubb by 21.7% in the second quarter. Mill Creek Capital Advisors LLC now owns 1,244 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 222 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Trading Down 0.2 %

NYSE:CB opened at $268.97 on Wednesday. The stock has a market cap of $108.42 billion, a PE ratio of 11.01, a price-to-earnings-growth ratio of 7.27 and a beta of 0.67. 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’s 50-day moving average is $277.67 and its two-hundred day moving average is $278.60. Chubb Limited has a fifty-two week low of $237.67 and a fifty-two week high of $302.05.

Chubb (NYSE:CB) last posted its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share for the quarter, topping analysts’ consensus estimates of $4.98 by $0.74. The company had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business earned $4.95 EPS. As a group, equities research analysts forecast that Chubb Limited will post 21.95 earnings per share for the current fiscal year.

Chubb Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.35%. Chubb’s dividend payout ratio (DPR) is presently 14.91%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Bank of America increased their target price on Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. boosted their target price on shares of Chubb from $294.00 to $296.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. JMP Securities increased their price target on Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a research note on Wednesday, October 30th. Barclays decreased their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Finally, Morgan Stanley lifted their target price on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $288.17.

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.