Stephens Inc. AR grew its holdings in shares of Chubb Limited (NYSE:CB - Free Report) by 44.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,310 shares of the financial services provider's stock after purchasing an additional 4,434 shares during the period. Stephens Inc. AR's holdings in Chubb were worth $3,954,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Continuum Advisory LLC lifted its position in shares of Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Kozak & Associates Inc. bought a new position in shares of Chubb in the 3rd quarter valued at approximately $29,000. Gordian Capital Singapore Pte Ltd bought a new position in Chubb in the 3rd quarter worth approximately $29,000. Raelipskie Partnership acquired a new stake in shares of Chubb during the 3rd quarter worth approximately $29,000. Finally, Truvestments Capital LLC acquired a new stake in shares of Chubb during the 3rd quarter worth approximately $30,000. 83.81% of the stock is owned by institutional investors and hedge funds.
Several brokerages have issued reports on CB. Evercore ISI lifted their price objective on Chubb from $289.00 to $293.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. boosted their target price on Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods upped their price objective on Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Morgan Stanley upped their price objective on Chubb from $295.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 30th. Finally, Barclays reduced their price target on Chubb from $349.00 to $324.00 and set an "overweight" rating for the company in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $295.73.
View Our Latest Research Report on Chubb
Shares of CB stock opened at $266.32 on Tuesday. The company's fifty day simple moving average is $273.52 and its two-hundred day simple moving average is $279.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.05. The stock has a market capitalization of $107.36 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 3.41 and a beta of 0.67.
Chubb (NYSE:CB - Get Free Report) last issued 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, analysts anticipate that Chubb Limited will post 21.66 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a $0.91 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a yield of 1.37%. Chubb's dividend payout ratio (DPR) is presently 16.02%.
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.
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