Chubb Limited (NYSE:CB) Stock Position Decreased by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC trimmed its position in Chubb Limited (NYSE:CB) by 25.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,800 shares of the financial services provider’s stock after selling 602 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Chubb were worth $497,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Continuum Advisory LLC grew its position in Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares in the last quarter. Kozak & Associates Inc. acquired a new stake in shares of Chubb in the third quarter worth $29,000. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Chubb during the third quarter valued at $29,000. Raelipskie Partnership acquired a new position in Chubb during the third quarter valued at $29,000. Finally, Truvestments Capital LLC purchased a new stake in Chubb in the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Price Performance

NYSE CB opened at $272.46 on Wednesday. The stock has a 50-day simple moving average of $276.00 and a 200 day simple moving average of $279.12. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05. The stock has a market capitalization of $109.83 billion, a PE ratio of 11.16, a P/E/G ratio of 7.23 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.28.

Chubb (NYSE:CB) last issued its quarterly earnings results 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 return on equity of 15.46% and a net margin of 18.32%. Research analysts anticipate that Chubb Limited will post 21.95 EPS for the current year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were issued 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 1.34%. Chubb’s payout ratio is 14.91%.

Analysts Set New Price Targets

CB has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their target price on Chubb from $294.00 to $296.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Keefe, Bruyette & Woods upped their price objective on shares of Chubb from $320.00 to $328.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Bank of America lifted their target price on shares of Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Morgan Stanley upped their price target on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group increased their price objective on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Two equities 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, Chubb presently has an average rating of “Hold” and a consensus price target of $288.17.

About Chubb

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.