Guardian Wealth Advisors LLC Sells 85 Shares of Chubb Limited (NYSE:CB)

Guardian Wealth Advisors LLC lowered its position in Chubb Limited (NYSE:CB) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,032 shares of the financial services provider’s stock after selling 85 shares during the quarter. Guardian Wealth Advisors LLC’s holdings in Chubb were worth $285,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new position in Chubb during the 4th quarter valued at about $30,000. Oakworth Capital Inc. boosted its stake in shares of Chubb by 16.6% during the fourth quarter. Oakworth Capital Inc. now owns 1,875 shares of the financial services provider’s stock valued at $518,000 after purchasing an additional 267 shares in the last quarter. Silver Oak Securities Incorporated purchased a new position in Chubb during the fourth quarter valued at approximately $170,000. Financial Advocates Investment Management raised its stake in Chubb by 2.0% in the fourth quarter. Financial Advocates Investment Management now owns 3,654 shares of the financial services provider’s stock worth $1,010,000 after buying an additional 71 shares in the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in Chubb by 2.8% in the fourth quarter. Bleakley Financial Group LLC now owns 9,069 shares of the financial services provider’s stock valued at $2,506,000 after acquiring an additional 250 shares in the last quarter. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Price Performance

Shares of CB opened at $272.79 on Friday. The firm has a market cap of $109.96 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 3.35 and a beta of 0.67. The stock has a 50 day moving average of $274.24 and a 200-day moving average of $279.54. 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 Limited has a 52 week low of $238.85 and a 52 week high of $302.05.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, topping the consensus estimate 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 forecast that Chubb Limited will post 21.91 EPS for the current year.

Chubb Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were issued a $0.91 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.33%. Chubb’s dividend payout ratio is currently 16.02%.

Analyst Upgrades and Downgrades

CB has been the topic of a number of research reports. Wells Fargo & Company cut their price objective on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Evercore ISI raised their price objective on Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. upped their price target on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Morgan Stanley lifted their target price on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods raised their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $295.73.

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.