U.S. Capital Wealth Advisors LLC Acquires 8,638 Shares of Chubb Limited (NYSE:CB)

U.S. Capital Wealth Advisors LLC increased its holdings in Chubb Limited (NYSE:CB) by 95.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,679 shares of the financial services provider’s stock after purchasing an additional 8,638 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Chubb were worth $3,996,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. ZRC Wealth Management LLC bought a new position in shares of Chubb in the 4th quarter worth about $29,000. Tennessee Valley Asset Management Partners acquired a new position in shares of Chubb during the 4th quarter valued at $32,000. Naples Money Management LLC bought a new position in Chubb during the fourth quarter worth $34,000. Bell Investment Advisors Inc grew its holdings in Chubb by 39.6% in the third quarter. Bell Investment Advisors Inc now owns 208 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 59 shares during the period. Finally, Addison Advisors LLC increased its stake in Chubb by 87.0% in the fourth quarter. Addison Advisors LLC now owns 215 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 100 shares in the last quarter. 83.81% of the stock is owned by institutional investors.

Chubb Price Performance

CB traded down $1.71 during trading on Friday, reaching $248.54. 1,444,710 shares of the company were exchanged, compared to its average volume of 1,737,362. The company’s 50-day moving average is $251.96 and its two-hundred day moving average is $236.86. The company has a market cap of $100.92 billion, a price-to-earnings ratio of 11.03, a P/E/G ratio of 1.18 and a beta of 0.63. Chubb Limited has a 12-month low of $183.71 and a 12-month high of $260.58. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported $5.41 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.12. Chubb had a net margin of 17.99% and a return on equity of 16.29%. The firm had revenue of $12.22 billion during the quarter, compared to analyst estimates of $11.75 billion. During the same period in the previous year, the business earned $4.41 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. Research analysts forecast that Chubb Limited will post 21.18 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Friday, March 15th were given a $0.86 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.44 annualized dividend and a yield of 1.38%. Chubb’s dividend payout ratio (DPR) is presently 15.27%.

Insider Activity at Chubb

In other news, insider John J. Lupica sold 34,464 shares of the company’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total value of $8,923,418.88. Following the completion of the transaction, the insider now directly owns 130,937 shares in the company, valued at approximately $33,902,208.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Timothy Alan Boroughs sold 14,303 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $258.78, for a total value of $3,701,330.34. Following the completion of the sale, the executive vice president now owns 35,662 shares of the company’s stock, valued at approximately $9,228,612.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider John J. Lupica sold 34,464 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $258.92, for a total value of $8,923,418.88. Following the transaction, the insider now owns 130,937 shares in the company, valued at $33,902,208.04. The disclosure for this sale can be found here. Insiders have sold a total of 108,863 shares of company stock valued at $28,007,307 over the last 90 days. 0.86% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CB. HSBC reissued a “hold” rating and set a $270.00 price objective (down previously from $275.00) on shares of Chubb in a research report on Thursday, April 4th. Morgan Stanley boosted their price objective on Chubb from $258.00 to $260.00 and gave the company an “equal weight” rating in a report on Monday, April 15th. Wells Fargo & Company lifted their price target on shares of Chubb from $234.00 to $255.00 and gave the company an “equal weight” rating in a research report on Thursday, February 1st. TD Cowen started coverage on shares of Chubb in a report on Wednesday, January 10th. They set a “market perform” rating and a $254.00 price objective on the stock. Finally, StockNews.com cut shares of Chubb from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. Ten investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $266.89.

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.