Willis Investment Counsel Grows Stock Holdings in Chubb Limited (NYSE:CB)

Willis Investment Counsel raised its position in shares of Chubb Limited (NYSE:CB) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,367 shares of the financial services provider’s stock after acquiring an additional 1,424 shares during the period. Chubb makes up approximately 2.7% of Willis Investment Counsel’s investment portfolio, making the stock its 7th largest position. Willis Investment Counsel’s holdings in Chubb were worth $40,718,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in Chubb by 57.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider’s stock worth $102,840,000 after buying an additional 130,629 shares during the period. Czech National Bank increased its position in Chubb by 6.2% during the fourth quarter. Czech National Bank now owns 81,282 shares of the financial services provider’s stock worth $22,458,000 after acquiring an additional 4,757 shares during the period. Barclays PLC raised its stake in Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock worth $511,226,000 after purchasing an additional 388,746 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in 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 purchasing an additional 1,905 shares during the period. Finally, Savvy Advisors Inc. acquired a new position in shares of Chubb during the 3rd quarter worth approximately $721,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Trading Down 1.0 %

NYSE:CB opened at $272.01 on Monday. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05. The firm has a 50-day moving average price of $275.16 and a two-hundred day moving average price of $279.37. The firm has a market cap of $109.65 billion, a price-to-earnings ratio of 11.97, a price-to-earnings-growth ratio of 7.45 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 13.86% and a net margin of 16.63%. On average, equities analysts expect that Chubb Limited will post 22.86 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.34%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio is 16.02%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CB shares. JMP Securities reiterated a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research note on Wednesday, January 29th. Morgan Stanley increased their target price on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday. Keefe, Bruyette & Woods raised their target price on shares of Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a report on Friday. Finally, Wells Fargo & Company cut their price target on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Chubb currently has an average rating of “Hold” and a consensus target price of $290.12.

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.