New Hampshire Trust Increases Position in Chubb Limited (NYSE:CB)

New Hampshire Trust lifted its stake in shares of Chubb Limited (NYSE:CB) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,338 shares of the financial services provider’s stock after purchasing an additional 149 shares during the period. New Hampshire Trust’s holdings in Chubb were worth $3,962,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CB. Continuum Advisory LLC increased its position in Chubb by 56.5% during the third 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. Kozak & Associates Inc. acquired a new stake in shares of Chubb during the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Chubb during the 3rd quarter worth approximately $29,000. Raelipskie Partnership purchased a new stake in shares of Chubb during the 3rd quarter valued at approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in Chubb in the third quarter valued at approximately $30,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CB has been the subject of several recent analyst reports. Barclays cut their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. JMP Securities raised their price objective on Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company decreased 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 report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price target on shares of Chubb from $294.00 to $296.00 and gave the company a “neutral” rating in a research report on Friday, January 3rd. Finally, Morgan Stanley upped their price objective on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $288.17.

Chubb Stock Down 1.5 %

Shares of NYSE:CB opened at $269.38 on Tuesday. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a fifty-two week low of $226.74 and a fifty-two week high of $302.05. The stock has a market cap of $108.59 billion, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 5.65 and a beta of 0.67. The firm’s 50 day moving average price is $277.89 and its 200 day moving average price is $278.49.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.98 by $0.74. The business had revenue of $13.83 billion during the quarter, compared to analysts’ expectations of $14.16 billion. Chubb had a net margin of 18.32% and a return on equity of 15.46%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $4.95 EPS. As a group, equities research analysts predict that Chubb Limited will post 21.93 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were issued a $0.91 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.35%. Chubb’s payout ratio is currently 14.91%.

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.