Clean Yield Group Buys 43 Shares of Chubb Limited (NYSE:CB)

Clean Yield Group boosted its position in Chubb Limited (NYSE:CB) by 29.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 191 shares of the financial services provider’s stock after acquiring an additional 43 shares during the quarter. Clean Yield Group’s holdings in Chubb were worth $53,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Continuum Advisory LLC boosted its stake in Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares in the last quarter. Kozak & Associates Inc. purchased a new position in Chubb in the 3rd quarter worth $29,000. Gordian Capital Singapore Pte Ltd bought a new stake in Chubb in the third quarter worth $29,000. Raelipskie Partnership purchased a new stake in Chubb during the third quarter valued at about $29,000. Finally, Truvestments Capital LLC bought a new position in shares of Chubb during the third quarter valued at about $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on CB shares. Wells Fargo & Company lifted their price target on Chubb from $266.00 to $268.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 5th. Piper Sandler upped their price target on shares of Chubb from $281.00 to $305.00 and gave the company an “overweight” rating in a report on Friday, October 4th. JMP Securities raised their price target on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 30th. Barclays decreased their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Finally, Morgan Stanley increased their target price on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $288.39.

Chubb Stock Up 1.2 %

CB traded up $3.22 during trading on Monday, reaching $260.93. The stock had a trading volume of 1,644,082 shares, compared to its average volume of 2,119,459. The stock’s 50 day moving average is $278.98 and its two-hundred day moving average is $278.09. The company has a market capitalization of $105.18 billion, a price-to-earnings ratio of 10.69, a P/E/G ratio of 6.43 and a beta of 0.67. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a one year low of $226.06 and a one year high of $302.05.

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

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.40%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is 14.91%.

About Chubb

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.