Centiva Capital LP Has $550,000 Stake in Chubb Limited (NYSE:CB)

Centiva Capital LP lowered its stake in shares of Chubb Limited (NYSE:CB - Free Report) by 91.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,992 shares of the financial services provider's stock after selling 20,781 shares during the quarter. Centiva Capital LP's holdings in Chubb were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of CB. Wealth Enhancement Advisory Services LLC increased its holdings in Chubb by 57.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider's stock valued at $102,840,000 after buying an additional 130,629 shares during the last quarter. Czech National Bank increased its stake in Chubb by 6.2% in the fourth quarter. Czech National Bank now owns 81,282 shares of the financial services provider's stock valued at $22,458,000 after purchasing an additional 4,757 shares during the period. Barclays PLC grew its stake in shares of Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock valued at $511,226,000 after purchasing an additional 388,746 shares during the last quarter. California Public Employees Retirement System increased its stake in Chubb by 1.1% in the 4th quarter. California Public Employees Retirement System now owns 1,350,381 shares of the financial services provider's stock valued at $373,110,000 after buying an additional 14,610 shares during the period. Finally, Canopy Partners LLC lifted its stake in shares of Chubb by 94.4% in the 4th quarter. Canopy Partners LLC now owns 4,818 shares of the financial services provider's stock worth $1,331,000 after acquiring an additional 2,340 shares during the period. Hedge funds and other institutional investors own 83.81% of the company's stock.

Insider Activity at Chubb

In related news, CEO Evan G. Greenberg sold 25,728 shares of Chubb stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $291.45, for a total transaction of $7,498,425.60. Following the completion of the transaction, the chief executive officer now directly owns 584,395 shares of the company's stock, valued at $170,321,922.75. This trade represents a 4.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Joseph F. Wayland sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $286.96, for a total value of $2,869,600.00. Following the completion of the transaction, the executive vice president now directly owns 77,703 shares in the company, valued at $22,297,652.88. The trade was a 11.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,470 shares of company stock valued at $18,562,730. 0.77% of the stock is owned by corporate insiders.

Chubb Price Performance

NYSE CB traded down $4.35 on Tuesday, reaching $285.30. The company's stock had a trading volume of 1,453,828 shares, compared to its average volume of 1,632,045. The firm's 50 day moving average is $288.50 and its two-hundred day moving average is $280.59. The stock has a market cap of $114.33 billion, a PE ratio of 12.56, a PEG ratio of 3.36 and a beta of 0.57. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. Chubb Limited has a twelve month low of $251.42 and a twelve month high of $306.91.

Chubb (NYSE:CB - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.28 by $0.40. Chubb had a return on equity of 13.75% and a net margin of 16.63%. The company had revenue of $12.65 billion for the quarter, compared to analyst estimates of $11.22 billion. As a group, sell-side analysts predict that Chubb Limited will post 21.52 EPS for the current year.

Chubb Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were issued a dividend of $0.91 per share. The ex-dividend date was Friday, March 14th. This represents a $3.64 annualized dividend and a dividend yield of 1.28%. Chubb's dividend payout ratio is 17.52%.

Analyst Ratings Changes

A number of research firms recently weighed in on CB. Keefe, Bruyette & Woods decreased their price target on Chubb from $316.00 to $314.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Raymond James restated a "strong-buy" rating on shares of Chubb in a report on Thursday, April 24th. Barclays lowered their price target on shares of Chubb from $324.00 to $321.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $320.00 target price on shares of Chubb in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. raised their price objective on Chubb from $300.00 to $307.00 and gave the stock a "neutral" rating in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $307.86.

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.