First Command Advisory Services Inc. Boosts Position in Chubb Limited (NYSE:CB)

First Command Advisory Services Inc. increased its holdings in shares of Chubb Limited (NYSE:CB) by 96.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 907 shares of the financial services provider’s stock after purchasing an additional 446 shares during the quarter. First Command Advisory Services Inc.’s holdings in Chubb were worth $251,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC lifted its stake in 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 last quarter. Gordian Capital Singapore Pte Ltd purchased a new stake in Chubb during the third quarter worth approximately $29,000. Raelipskie Partnership acquired a new position in Chubb during the third quarter worth approximately $29,000. Sierra Ocean LLC acquired a new position in Chubb during the fourth quarter worth approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in Chubb during the third quarter worth approximately $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Analyst Upgrades and Downgrades

CB has been the topic of several research analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $320.00 price target on shares of Chubb in a research report on Thursday, January 30th. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Wells Fargo & Company cut their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Barclays cut their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Finally, Keefe, Bruyette & Woods lifted their price target on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $295.73.

Chubb Stock Performance

CB opened at $281.99 on Friday. The firm has a market cap of $113.67 billion, a PE ratio of 12.41, a P/E/G ratio of 3.36 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $270.77 and a 200-day simple moving average of $279.61. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05.

Chubb (NYSE:CB) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, beating 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, equities analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.29%. Chubb’s dividend payout ratio (DPR) is 16.02%.

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.