Chubb Limited (NYSE:CB) Shares Acquired by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE grew its holdings in Chubb Limited (NYSE:CB) by 8.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 36,575 shares of the financial services provider’s stock after acquiring an additional 2,699 shares during the quarter. Chubb comprises 5.5% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 4th biggest holding. Regency Capital Management Inc. DE’s holdings in Chubb were worth $10,106,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Continuum Advisory LLC increased its holdings in shares of 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 during the period. Kozak & Associates Inc. purchased a new stake in shares of Chubb during the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Chubb during the third quarter worth $29,000. Raelipskie Partnership acquired a new stake in Chubb in the 3rd quarter valued at about $29,000. Finally, Truvestments Capital LLC purchased a new position in shares of Chubb during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Trading Up 0.1 %

Shares of NYSE CB opened at $266.71 on Friday. The company has a market cap of $107.51 billion, a price-to-earnings ratio of 10.92, a price-to-earnings-growth ratio of 7.23 and a beta of 0.67. The stock’s 50 day simple moving average is $276.24 and its 200 day simple moving average is $278.65. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.98 by $0.74. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The company had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. During the same quarter in the previous year, the company posted $4.95 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts expect that Chubb Limited will post 21.95 EPS for the current year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were given a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.36%. Chubb’s dividend payout ratio is presently 14.91%.

Analyst Upgrades and Downgrades

CB has been the subject of a number of analyst reports. Bank of America boosted their price objective on shares of Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a research report on Thursday, October 10th. Barclays dropped their target price on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Wells Fargo & Company cut their price objective 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. Jefferies Financial Group upped their target price on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of Chubb from $294.00 to $296.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $288.17.

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.