Edmond DE Rothschild Holding S.A. increased its position in shares of Chubb Ltd (NYSE:CB) by 20.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,400 shares of the financial services provider’s stock after purchasing an additional 400 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Chubb were worth $310,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC boosted its holdings in Chubb by 260.0% during the fourth quarter. Gradient Investments LLC now owns 216 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 156 shares during the last quarter. Portfolio Solutions LLC purchased a new position in Chubb during the fourth quarter worth about $32,000. Moody National Bank Trust Division purchased a new position in Chubb during the fourth quarter worth about $37,000. Atwood & Palmer Inc. boosted its holdings in Chubb by 38.3% during the fourth quarter. Atwood & Palmer Inc. now owns 289 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 80 shares during the last quarter. Finally, Ruggie Capital Group purchased a new position in Chubb during the fourth quarter worth about $40,000. Institutional investors and hedge funds own 87.59% of the company’s stock.

Shares of NYSE:CB opened at $136.35 on Friday. The company has a market cap of $61.94 billion, a P/E ratio of 14.44, a PEG ratio of 1.24 and a beta of 0.81. Chubb Ltd has a 12 month low of $119.54 and a 12 month high of $142.54. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.32 and a quick ratio of 0.35.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, February 5th. The financial services provider reported $2.02 EPS for the quarter, beating the consensus estimate of $1.93 by $0.09. The company had revenue of $6.77 billion during the quarter, compared to analysts’ expectations of $6.80 billion. Chubb had a net margin of 11.72% and a return on equity of 8.66%. Chubb’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.17 earnings per share. As a group, equities research analysts anticipate that Chubb Ltd will post 10.79 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Investors of record on Friday, March 22nd will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Thursday, March 21st. This represents a $2.92 annualized dividend and a yield of 2.14%. Chubb’s dividend payout ratio is currently 30.93%.

In other Chubb news, insider Paul Bennett Medini sold 2,437 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $133.94, for a total value of $326,411.78. Following the completion of the transaction, the insider now owns 95,101 shares of the company’s stock, valued at approximately $12,737,827.94. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider John J. Lupica sold 17,879 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $134.95, for a total transaction of $2,412,771.05. Following the completion of the transaction, the insider now directly owns 192,265 shares of the company’s stock, valued at approximately $25,946,161.75. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

Several analysts have commented on the stock. Credit Suisse Group lowered shares of Chubb from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $141.00 to $131.00 in a research report on Wednesday, February 27th. Raymond James lowered their price objective on shares of Chubb from $160.00 to $150.00 and set an “outperform” rating on the stock in a research report on Monday, February 11th. Zacks Investment Research lowered shares of Chubb from a “hold” rating to a “sell” rating in a research report on Wednesday, February 6th. Wells Fargo & Co set a $160.00 price objective on shares of Chubb and gave the stock a “buy” rating in a research report on Friday, January 18th. Finally, Compass Point assumed coverage on shares of Chubb in a research report on Tuesday, January 15th. They issued a “buy” rating and a $165.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $152.70.

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Chubb Company Profile

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. Its North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers' compensation, package policies, and risk management; and professional lines, marine, construction, environmental, medical, cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda.

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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