Personal CFO Solutions LLC Has $53.53 Million Stock Holdings in Chubb Limited (NYSE:CB)

Personal CFO Solutions LLC lowered its holdings in Chubb Limited (NYSE:CB) by 0.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 193,753 shares of the financial services provider’s stock after selling 42 shares during the period. Chubb comprises about 10.5% of Personal CFO Solutions LLC’s portfolio, making the stock its largest holding. Personal CFO Solutions LLC’s holdings in Chubb were worth $53,534,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Continuum Advisory LLC grew its position in Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in Chubb in the third quarter valued at $29,000. Raelipskie Partnership bought a new position in Chubb in the third quarter valued at $29,000. Sierra Ocean LLC bought a new position in Chubb in the fourth quarter valued at $29,000. Finally, Truvestments Capital LLC bought a new position in Chubb in the third quarter valued at $30,000. Institutional investors own 83.81% of the company’s stock.

Insider Buying and Selling at Chubb

In other news, EVP Joseph F. Wayland sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total transaction of $2,869,600.00. Following the completion of the sale, the executive vice president now owns 77,703 shares of the company’s stock, valued at approximately $22,297,652.88. This represents a 11.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.86% of the company’s stock.

Chubb Stock Performance

NYSE CB opened at $286.52 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $114.73 billion, a P/E ratio of 12.61, a P/E/G ratio of 3.36 and a beta of 0.66. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05. The firm has a 50-day moving average price of $272.01 and a two-hundred day moving average price of $280.30.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Friday, March 14th. Chubb’s dividend payout ratio is currently 16.02%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CB shares. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price objective on shares of Chubb in a research report on Thursday, January 30th. HSBC raised shares of Chubb from a “hold” rating to a “buy” rating and set a $323.00 price objective for the company in a research report on Wednesday. Barclays decreased their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. lifted their price objective on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Finally, Wells Fargo & Company decreased their price objective on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Chubb presently has an average rating of “Hold” and an average price target of $299.27.

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.