BSW Wealth Partners Sells 94 Shares of Chubb Limited (NYSE:CB)

BSW Wealth Partners lowered its holdings in shares of Chubb Limited (NYSE:CB) by 4.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,043 shares of the financial services provider’s stock after selling 94 shares during the period. BSW Wealth Partners’ holdings in Chubb were worth $564,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Continuum Advisory LLC raised its stake 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 buying an additional 35 shares during the last quarter. Kozak & Associates Inc. bought a new position in Chubb during the third quarter worth $29,000. Gordian Capital Singapore Pte Ltd bought a new position in Chubb during the third quarter worth $29,000. Raelipskie Partnership bought a new position in Chubb during the third quarter worth $29,000. Finally, Truvestments Capital LLC bought a new position in Chubb during the third quarter worth $30,000. Institutional investors own 83.81% of the company’s stock.

Chubb Stock Down 1.5 %

CB opened at $272.46 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.28 and a quick ratio of 0.28. The company’s 50-day moving average is $276.00 and its 200 day moving average is $279.12. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The firm has a market capitalization of $109.83 billion, a P/E ratio of 11.16, a PEG ratio of 7.23 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 the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 18.32% and a return on equity of 15.46%. Research analysts expect that Chubb Limited will post 21.95 earnings per share for the current fiscal year.

Chubb Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is currently 14.91%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group lifted their target price on shares of Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Morgan Stanley raised their price target 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. JMP Securities raised their price target on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 30th. Barclays reduced their price target on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Chubb from $320.00 to $328.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus 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.