Dakota Community Bank & Trust NA Purchases 45 Shares of Chubb Limited (NYSE:CB)

Dakota Community Bank & Trust NA boosted its position in shares of Chubb Limited (NYSE:CB) by 11.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 454 shares of the financial services provider’s stock after purchasing an additional 45 shares during the quarter. Dakota Community Bank & Trust NA’s holdings in Chubb were worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Continuum Advisory LLC grew its stake in shares of Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares during the period. Kozak & Associates Inc. bought a new position in Chubb during the third quarter worth about $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb during the 3rd quarter worth about $29,000. Raelipskie Partnership bought a new stake in shares of Chubb in the 3rd quarter valued at about $29,000. Finally, Truvestments Capital LLC acquired a new stake in shares of Chubb in the 3rd quarter valued at approximately $30,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CB has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped 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 lifted their price target on Chubb from $300.00 to $325.00 and gave the company a “market outperform” rating in a research note on Wednesday, October 30th. Bank of America upped their price objective on Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Evercore ISI lifted their target price on Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, Morgan Stanley upped their price target on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $288.17.

Chubb Stock Performance

Shares of CB stock opened at $269.38 on Friday. The company has a market capitalization of $108.59 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 5.65 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.28. Chubb Limited has a 52 week low of $226.74 and a 52 week high of $302.05. The company has a 50-day simple moving average of $278.13 and a 200 day simple moving average of $278.06.

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, topping analysts’ consensus estimates of $4.98 by $0.74. The company had revenue of $13.83 billion for the quarter, compared to analyst estimates of $14.16 billion. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $4.95 earnings per share. On average, sell-side analysts predict that Chubb Limited will post 21.93 earnings per share for the current year.

Chubb Dividend Announcement

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

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.