Cincinnati Financial Corp Sells 318,552 Shares of Chubb Limited $CB

Cincinnati Financial Corp reduced its stake in shares of Chubb Limited (NYSE:CB) by 87.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 44,350 shares of the financial services provider’s stock after selling 318,552 shares during the period. Cincinnati Financial Corp’s holdings in Chubb were worth $12,518,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Baader Bank Aktiengesellschaft increased its position in shares of Chubb by 8.1% during the third quarter. Baader Bank Aktiengesellschaft now owns 2,768 shares of the financial services provider’s stock worth $781,000 after acquiring an additional 208 shares in the last quarter. Rockland Trust Co. lifted its position in Chubb by 4.8% in the 3rd quarter. Rockland Trust Co. now owns 125,243 shares of the financial services provider’s stock valued at $35,350,000 after acquiring an additional 5,720 shares in the last quarter. AlTi Global Inc. boosted its stake in Chubb by 3.6% in the 3rd quarter. AlTi Global Inc. now owns 2,045 shares of the financial services provider’s stock worth $579,000 after purchasing an additional 71 shares during the period. Prospera Financial Services Inc increased its holdings in Chubb by 3.8% during the 3rd quarter. Prospera Financial Services Inc now owns 27,409 shares of the financial services provider’s stock worth $7,737,000 after purchasing an additional 996 shares in the last quarter. Finally, Profund Advisors LLC raised its stake in shares of Chubb by 17.5% in the 3rd quarter. Profund Advisors LLC now owns 4,898 shares of the financial services provider’s stock valued at $1,382,000 after purchasing an additional 728 shares during the period. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CB shares. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 price objective on shares of Chubb in a research report on Wednesday, October 22nd. UBS Group restated a “neutral” rating and issued a $340.00 target price on shares of Chubb in a research note on Monday. Mizuho raised their price target on shares of Chubb from $317.00 to $336.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Citizens Jmp reissued a “market outperform” rating and issued a $350.00 price objective on shares of Chubb in a research report on Wednesday, February 4th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Chubb in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $340.09.

Key Chubb News

Here are the key news stories impacting Chubb this week:

• Positive Sentiment: Chubb posted a material EPS beat for the most recent quarter ($7.52 vs. $6.33 consensus) with revenue up ~8.9%, reinforcing earnings momentum and supporting valuation. Read More.
• Positive Sentiment: Raymond James upgraded CB to a “strong-buy” and raised its price target to $380, signaling meaningful upside vs. current levels and likely attracting buying interest. Read More.
• Positive Sentiment: Multiple broker price-target increases and at least one upgrade have pushed the stock to a new 52-week high after the analyst actions, helping drive momentum. Read More.
• Positive Sentiment: Independent commentary (The Motley Fool) is pitching Chubb as a lower-volatility, more reliable insurance pick versus higher-risk peers, which can attract relative-value flows into CB. Read More.
• Neutral Sentiment: Despite several target raises, the brokerage consensus rating remains “Hold,” which could limit broad-based upgrades until guidance or further results push more firms to Buy. Read More.
• Neutral Sentiment: Zacks flags elevated investor attention to CB, useful as a sentiment/flow indicator but not a direct fundamental driver. Read More.
• Negative Sentiment: Insider selling: CEO Evan Greenberg sold 15,060 shares (~$5.0M) on Feb. 5. While his remaining ownership is large, the sale can be perceived as a short-term negative or additional supply. Read More.
• Negative Sentiment: Chubb underperformed some peers on recent trading days, which could reflect sector rotation or profit-taking after analyst-driven gains. Read More.

Insiders Place Their Bets

In other Chubb news, CEO Evan G. Greenberg sold 15,060 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $331.47, for a total value of $4,991,938.20. Following the sale, the chief executive officer owned 511,576 shares in the company, valued at $169,572,096.72. This represents a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Joseph F. Wayland sold 5,830 shares of Chubb stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $297.08, for a total value of $1,731,976.40. Following the transaction, the executive vice president owned 60,593 shares of the company’s stock, valued at $18,000,968.44. This represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 76,512 shares of company stock worth $24,197,361 in the last three months. 0.86% of the stock is owned by corporate insiders.

Chubb Price Performance

NYSE:CB opened at $326.16 on Wednesday. The stock has a market capitalization of $128.36 billion, a PE ratio of 12.68, a P/E/G ratio of 2.08 and a beta of 0.49. Chubb Limited has a 1-year low of $263.14 and a 1-year high of $335.59. The firm has a fifty day simple moving average of $308.69 and a 200 day simple moving average of $290.09. The company has a current ratio of 0.24, a quick ratio of 0.27 and a debt-to-equity ratio of 0.20.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, beating analysts’ consensus estimates of $6.33 by $1.19. Chubb had a net margin of 17.36% and a return on equity of 13.15%. The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $11.11 billion. During the same quarter last year, the company posted $6.02 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. On average, research analysts expect that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were issued a dividend of $0.97 per share. The ex-dividend date was Friday, December 12th. This represents a $3.88 dividend on an annualized basis and a yield of 1.2%. Chubb’s dividend payout ratio (DPR) is presently 15.08%.

About Chubb

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.