Quotient Wealth Partners LLC Has $377,000 Stock Position in Chubb Limited (NYSE:CB)

Quotient Wealth Partners LLC grew its holdings in Chubb Limited (NYSE:CB) by 16.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,363 shares of the financial services provider’s stock after purchasing an additional 197 shares during the period. Quotient Wealth Partners LLC’s holdings in Chubb were worth $377,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CB. AlphaStar Capital Management LLC boosted its position in Chubb by 395.4% during the fourth quarter. AlphaStar Capital Management LLC now owns 5,008 shares of the financial services provider’s stock valued at $1,384,000 after purchasing an additional 3,997 shares during the last quarter. WestEnd Advisors LLC boosted its holdings in shares of Chubb by 5,286,133.3% in the 4th quarter. WestEnd Advisors LLC now owns 158,587 shares of the financial services provider’s stock valued at $43,817,000 after buying an additional 158,584 shares during the last quarter. Stoneridge Investment Partners LLC bought a new position in shares of Chubb in the fourth quarter valued at $7,648,000. WCM Investment Management LLC increased its holdings in Chubb by 77.7% during the fourth quarter. WCM Investment Management LLC now owns 7,399 shares of the financial services provider’s stock worth $2,038,000 after buying an additional 3,235 shares during the last quarter. Finally, Thompson Investment Management Inc. bought a new stake in Chubb during the fourth quarter worth $91,000. Institutional investors own 83.81% of the company’s stock.

Analysts Set New Price Targets

CB has been the subject of a number of analyst reports. JMP Securities reissued a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a research report on Wednesday, January 29th. Wells Fargo & Company reduced their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Barclays dropped their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Keefe, Bruyette & Woods lifted their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $295.73.

Chubb Trading Down 1.0 %

Shares of Chubb stock opened at $270.14 on Monday. 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 firm has a 50-day moving average of $273.52 and a 200-day moving average of $279.67. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. The stock has a market cap of $108.89 billion, a PE ratio of 11.89, a PEG ratio of 3.41 and a beta of 0.67.

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%. As a group, sell-side analysts forecast that Chubb Limited will post 21.66 EPS for the current year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were paid a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a yield of 1.35%. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

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.