Financial Security Advisor Inc. Sells 65 Shares of Chubb Limited (NYSE:CB)

Financial Security Advisor Inc. reduced its stake in Chubb Limited (NYSE:CB) by 1.6% in the 4th quarter, HoldingsChannel reports. The firm owned 4,050 shares of the financial services provider’s stock after selling 65 shares during the quarter. Financial Security Advisor Inc.’s holdings in Chubb were worth $1,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Continuum Advisory LLC increased 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 valued at $28,000 after purchasing an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new stake in Chubb in the third quarter valued at $29,000. Raelipskie Partnership bought a new stake in Chubb in the third quarter valued at $29,000. Sierra Ocean LLC bought a new stake in Chubb in the fourth quarter valued at $29,000. Finally, Truvestments Capital LLC bought a new stake in Chubb in the third quarter valued at $30,000. 83.81% of the stock is owned by institutional investors.

Chubb Stock Up 3.0 %

Chubb stock opened at $281.99 on Friday. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The stock has a market cap of $113.67 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 3.36 and a beta of 0.67. The firm’s 50-day simple moving average is $270.77 and its 200 day simple moving average is $279.61. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share 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%. Research analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.29%. Chubb’s payout ratio is 16.02%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods boosted their target price on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Royal Bank of Canada reissued an “outperform” rating and set a $320.00 target price on shares of Chubb in a research report on Thursday, January 30th. JMP Securities reissued a “market outperform” rating and set a $325.00 target price on shares of Chubb in a research report on Wednesday, January 29th. Finally, Wells Fargo & Company decreased their target price on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. Two investment 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’s stock. According to data from MarketBeat, Chubb currently has a consensus rating of “Hold” and a consensus 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.