One Wealth Advisors LLC Sells 172 Shares of Chubb Limited (NYSE:CB)

One Wealth Advisors LLC lessened its stake in Chubb Limited (NYSE:CB) by 19.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 725 shares of the financial services provider’s stock after selling 172 shares during the period. One Wealth Advisors LLC’s holdings in Chubb were worth $200,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of CB. Financial Strategies Group Inc. increased its holdings in Chubb by 4.7% during the fourth quarter. Financial Strategies Group Inc. now owns 24,282 shares of the financial services provider’s stock valued at $6,258,000 after buying an additional 1,099 shares during the period. Resonant Capital Advisors LLC raised its stake in Chubb by 3.1% in the 4th quarter. Resonant Capital Advisors LLC now owns 1,676 shares of the financial services provider’s stock worth $465,000 after acquiring an additional 50 shares during the last quarter. Catalina Capital Group LLC boosted its position in Chubb by 3.0% in the fourth quarter. Catalina Capital Group LLC now owns 2,524 shares of the financial services provider’s stock valued at $697,000 after buying an additional 74 shares during the last quarter. Princeton Global Asset Management LLC increased its stake in shares of Chubb by 31.2% in the fourth quarter. Princeton Global Asset Management LLC now owns 25,581 shares of the financial services provider’s stock worth $7,068,000 after acquiring an additional 6,076 shares during the period. Finally, Chicago Capital LLC raised its stake in shares of Chubb by 20.7% during the 4th quarter. Chicago Capital LLC now owns 6,877 shares of the financial services provider’s stock valued at $1,900,000 after buying an additional 1,180 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Stock Up 0.9 %

Shares of NYSE:CB opened at $274.31 on Tuesday. The firm has a 50 day simple moving average of $275.16 and a 200-day simple moving average of $279.45. The company has a market capitalization of $110.57 billion, a PE ratio of 12.07, a P/E/G ratio of 3.35 and a beta of 0.67. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 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%. On average, equities analysts predict that Chubb Limited will post 21.91 EPS for the current fiscal year.

Chubb Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 1.33%. Chubb’s dividend payout ratio (DPR) is 16.02%.

Analysts Set New Price Targets

A number of research analysts have issued reports on CB shares. Bank of America boosted their price target on Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Evercore ISI upped their price objective on shares of Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Royal Bank of Canada restated an “outperform” rating and set a $320.00 target price on shares of Chubb in a research report on Thursday, January 30th. Jefferies Financial Group upped their price target on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods increased their target price on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $290.12.

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.