O Shaughnessy Asset Management LLC Grows Position in Chubb Limited (NYSE:CB)

O Shaughnessy Asset Management LLC lifted its holdings in Chubb Limited (NYSE:CB) by 10.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,235 shares of the financial services provider’s stock after buying an additional 6,366 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Chubb were worth $18,577,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CB. Continuum Advisory LLC boosted its holdings in shares of Chubb by 56.5% during the 3rd 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 acquired a new position in Chubb during the third quarter worth $29,000. Raelipskie Partnership purchased a new stake in Chubb in the 3rd quarter valued at $29,000. Sierra Ocean LLC acquired a new stake in shares of Chubb in the 4th quarter worth $29,000. Finally, Crowley Wealth Management Inc. purchased a new position in shares of Chubb during the 4th quarter worth $29,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Chubb

In other news, EVP Joseph F. Wayland sold 10,000 shares of Chubb stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the transaction, the executive vice president now directly owns 77,703 shares of the company’s stock, valued at $22,297,652.88. The trade was a 11.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO George F. Ohsiek sold 763 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $290.41, for a total transaction of $221,582.83. Following the sale, the chief accounting officer now owns 20,044 shares of the company’s stock, valued at approximately $5,820,978.04. This represents a 3.67 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,470 shares of company stock worth $18,562,730. 0.86% of the stock is currently owned by insiders.

Chubb Stock Performance

Shares of CB stock opened at $296.36 on Monday. The company has a market cap of $118.67 billion, a P/E ratio of 13.04, a PEG ratio of 3.36 and a beta of 0.66. The firm has a fifty day moving average price of $279.26 and a 200 day moving average price of $281.41. The company has a current ratio of 0.25, 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 released its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. Sell-side analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared 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. The ex-dividend date is Friday, March 14th. This represents a $3.64 annualized dividend and a yield of 1.23%. Chubb’s dividend payout ratio is currently 16.02%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CB shares. Wells Fargo & Company reduced their target price on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. Royal Bank of Canada reiterated an “outperform” rating and issued a $320.00 price objective on shares of Chubb in a report on Thursday, January 30th. Hsbc Global Res raised Chubb from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. JMP Securities reaffirmed a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $301.00.

Chubb 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.