2,066 Shares in Chubb Limited $CB Acquired by Sapient Capital LLC

Sapient Capital LLC acquired a new position in Chubb Limited (NYSE:CB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,066 shares of the financial services provider’s stock, valued at approximately $651,000.

Other hedge funds also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp purchased a new position in Chubb in the third quarter worth approximately $31,000. Laurel Wealth Advisors LLC purchased a new position in Chubb in the fourth quarter worth approximately $31,000. Ares Financial Consulting LLC purchased a new position in Chubb in the fourth quarter worth approximately $32,000. Cornerstone Planning Group LLC grew its position in Chubb by 81.5% in the third quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 53 shares during the period. Finally, GoalVest Advisory LLC purchased a new position in Chubb in the fourth quarter worth approximately $40,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Weiss Ratings upgraded Chubb from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, April 27th. Roth Mkm upped their price target on Chubb from $330.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Citizens Jmp upped their price target on Chubb from $350.00 to $365.00 and gave the stock a “market outperform” rating in a research note on Wednesday, April 22nd. Citigroup upped their price target on Chubb from $335.00 to $385.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Finally, BMO Capital Markets upped their price target on Chubb from $326.00 to $339.00 and gave the stock a “market perform” rating in a research note on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $349.33.

Chubb Stock Up 1.9%

NYSE:CB opened at $330.36 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.20. The stock’s fifty day moving average is $326.15 and its two-hundred day moving average is $314.63. Chubb Limited has a 52 week low of $264.10 and a 52 week high of $345.67. The stock has a market capitalization of $128.13 billion, a price-to-earnings ratio of 11.67, a price-to-earnings-growth ratio of 1.66 and a beta of 0.43.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $6.82 EPS for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%.The company had revenue of $14.93 billion for the quarter. Research analysts anticipate that Chubb Limited will post 26.78 EPS for the current year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 13th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, March 13th. Chubb’s dividend payout ratio (DPR) is presently 13.70%.

Insider Activity

In other news, Director Olivier Steimer sold 2,000 shares of the stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total value of $658,600.00. Following the sale, the director directly owned 25,468 shares in the company, valued at approximately $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.37% of the company’s stock.

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.