CHICAGO TRUST Co NA Has $4.33 Million Stock Holdings in Chubb Limited (NYSE:CB)

CHICAGO TRUST Co NA lessened its holdings in Chubb Limited (NYSE:CB) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,653 shares of the financial services provider’s stock after selling 361 shares during the quarter. Chubb accounts for approximately 0.8% of CHICAGO TRUST Co NA’s investment portfolio, making the stock its 26th biggest position. CHICAGO TRUST Co NA’s holdings in Chubb were worth $4,325,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CB. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Chubb by 57.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider’s stock valued at $102,840,000 after acquiring an additional 130,629 shares during the last quarter. Barclays PLC lifted its stake in shares of Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock valued at $511,226,000 after acquiring an additional 388,746 shares during the last quarter. Moloney Securities Asset Management LLC lifted its stake in shares of Chubb by 97.9% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 3,851 shares of the financial services provider’s stock valued at $1,111,000 after acquiring an additional 1,905 shares during the last quarter. Savvy Advisors Inc. bought a new position in shares of Chubb in the 3rd quarter valued at $721,000. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in shares of Chubb by 14.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 16,636 shares of the financial services provider’s stock valued at $4,798,000 after acquiring an additional 2,102 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Stock Up 0.9 %

Shares of CB traded up $2.23 during trading hours on Monday, hitting $259.94. The stock had a trading volume of 940,382 shares, compared to its average volume of 2,020,861. 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 firm has a 50 day simple moving average of $278.98 and a 200-day simple moving average of $278.09. The firm has a market capitalization of $104.78 billion, a P/E ratio of 10.64, a price-to-earnings-growth ratio of 6.43 and a beta of 0.67. Chubb Limited has a 1-year low of $226.06 and a 1-year high of $302.05.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.98 by $0.74. The business had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.95 EPS. Sell-side analysts predict that Chubb Limited will post 21.82 EPS for the current fiscal year.

Chubb Dividend Announcement

The company also recently announced 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. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a dividend yield of 1.40%. Chubb’s dividend payout ratio is currently 14.91%.

Analyst Ratings Changes

Several research analysts recently issued reports on CB shares. Piper Sandler raised their target price on Chubb from $281.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Evercore ISI raised their target price on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Morgan Stanley raised their target price on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Bank of America raised their target price on Chubb from $275.00 to $282.00 and gave the stock an “underperform” rating in a research report on Thursday, October 10th. Finally, Wells Fargo & Company raised their target price on Chubb from $266.00 to $268.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Chubb has a consensus rating of “Hold” and a consensus target price of $288.39.

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.