Arlington Trust Co LLC Boosts Stake in Chubb Limited (NYSE:CB)

Arlington Trust Co LLC grew its holdings in shares of Chubb Limited (NYSE:CB) by 36.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,243 shares of the financial services provider’s stock after acquiring an additional 335 shares during the period. Arlington Trust Co LLC’s holdings in Chubb were worth $343,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Equitable Trust Co. boosted its stake in Chubb by 12.6% during the 4th quarter. Equitable Trust Co. now owns 1,124 shares of the financial services provider’s stock valued at $311,000 after acquiring an additional 126 shares during the last quarter. Soltis Investment Advisors LLC raised its stake in shares of Chubb by 7.5% in the 4th quarter. Soltis Investment Advisors LLC now owns 1,358 shares of the financial services provider’s stock valued at $375,000 after purchasing an additional 95 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in shares of Chubb during the fourth quarter worth about $90,000. Angeles Wealth Management LLC grew its stake in Chubb by 33.6% in the fourth quarter. Angeles Wealth Management LLC now owns 1,649 shares of the financial services provider’s stock worth $456,000 after purchasing an additional 415 shares in the last quarter. Finally, Stiles Financial Services Inc increased its holdings in Chubb by 20.6% in the fourth quarter. Stiles Financial Services Inc now owns 3,165 shares of the financial services provider’s stock valued at $875,000 after buying an additional 541 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Chubb Trading Down 1.0 %

Shares of NYSE:CB opened at $270.14 on Monday. The company has a 50 day moving average of $273.52 and a 200-day moving average of $279.67. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The firm has a market cap of $108.89 billion, a P/E ratio of 11.89, a P/E/G ratio of 3.41 and a beta of 0.67. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05.

Chubb (NYSE:CB) last released its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. As a group, analysts anticipate that Chubb Limited will post 21.66 earnings per share for the current fiscal year.

Chubb Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors 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 annualized dividend and a yield of 1.35%. Chubb’s dividend payout ratio is currently 16.02%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Royal Bank of Canada reaffirmed an “outperform” rating and set a $320.00 target price on shares of Chubb in a report on Thursday, January 30th. Barclays reduced their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Evercore ISI boosted their target price on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. JMP Securities restated a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $295.73.

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.