Valley Brook Capital Group Inc. Buys 55 Shares of Chubb Limited (NYSE:CB)

Valley Brook Capital Group Inc. boosted its stake in shares of Chubb Limited (NYSE:CB) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,525 shares of the financial services provider’s stock after purchasing an additional 55 shares during the quarter. Valley Brook Capital Group Inc.’s holdings in Chubb were worth $698,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CB. Exchange Traded Concepts LLC boosted its position in shares of Chubb by 15.0% in the third quarter. Exchange Traded Concepts LLC now owns 3,143 shares of the financial services provider’s stock valued at $906,000 after acquiring an additional 411 shares during the period. Armstrong Advisory Group Inc. raised its stake in shares of Chubb by 45.4% in the third quarter. Armstrong Advisory Group Inc. now owns 205 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 64 shares in the last quarter. Procyon Advisors LLC raised its stake in shares of Chubb by 1.2% in the third quarter. Procyon Advisors LLC now owns 6,202 shares of the financial services provider’s stock valued at $1,789,000 after purchasing an additional 75 shares in the last quarter. Wedge Capital Management L L P NC acquired a new position in shares of Chubb in the third quarter valued at $227,000. Finally, CX Institutional raised its stake in shares of Chubb by 5.3% in the third quarter. CX Institutional now owns 2,727 shares of the financial services provider’s stock valued at $787,000 after purchasing an additional 137 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.

Chubb Stock Up 0.5 %

Shares of Chubb stock opened at $267.95 on Wednesday. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The business’s 50 day simple moving average is $273.04 and its 200 day simple moving average is $279.84. The firm has a market cap of $108.01 billion, a PE ratio of 11.79, a P/E/G ratio of 3.41 and a beta of 0.67.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. On average, analysts predict that Chubb Limited will post 21.66 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

Analysts Set New Price Targets

A number of brokerages recently commented on CB. Royal Bank of Canada restated an “outperform” rating and issued a $320.00 target price on shares of Chubb in a research note on Thursday, January 30th. Keefe, Bruyette & Woods upped their target price on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Morgan Stanley upped their target price on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Evercore ISI increased their price objective on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. increased their target price on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $295.73.

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.