Wealth Advisory Solutions LLC Has $5.41 Million Stock Position in Chubb Limited (NYSE:CB)

Wealth Advisory Solutions LLC increased its stake in shares of Chubb Limited (NYSE:CB) by 105.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,589 shares of the financial services provider’s stock after acquiring an additional 10,050 shares during the period. Chubb comprises approximately 1.5% of Wealth Advisory Solutions LLC’s investment portfolio, making the stock its 16th largest holding. Wealth Advisory Solutions LLC’s holdings in Chubb were worth $5,412,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Chubb by 57.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider’s stock valued at $102,840,000 after buying an additional 130,629 shares during the last quarter. Czech National Bank raised its position in Chubb by 6.2% during the fourth quarter. Czech National Bank now owns 81,282 shares of the financial services provider’s stock worth $22,458,000 after acquiring an additional 4,757 shares in the last quarter. Barclays PLC lifted its stake in 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 acquiring an additional 388,746 shares during the last quarter. Moloney Securities Asset Management LLC grew its position in shares of Chubb by 97.9% in the 3rd 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 period. Finally, Savvy Advisors Inc. acquired a new position in shares of Chubb during the 3rd quarter worth about $721,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CB has been the subject of several recent analyst reports. Barclays cut their target price on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Keefe, Bruyette & Woods raised their price objective on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. JPMorgan Chase & Co. boosted 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. Royal Bank of Canada reaffirmed an “outperform” rating and set a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. Finally, Wells Fargo & Company decreased their price objective on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $295.73.

Chubb Stock Performance

NYSE CB opened at $284.02 on Wednesday. The firm has a 50-day moving average price of $271.45 and a two-hundred day moving average price of $280.06. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05. The company has a market capitalization of $114.49 billion, a P/E ratio of 12.50, a P/E/G ratio of 3.36 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last issued its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. Analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Dividend Announcement

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

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.