Hutner Capital Management Inc. Boosts Stake in Chubb Limited (NYSE:CB)

Hutner Capital Management Inc. lifted its position in shares of Chubb Limited (NYSE:CB - Free Report) by 217.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,456 shares of the financial services provider's stock after purchasing an additional 4,421 shares during the period. Chubb accounts for approximately 0.9% of Hutner Capital Management Inc.'s portfolio, making the stock its 27th largest position. Hutner Capital Management Inc.'s holdings in Chubb were worth $1,784,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CB. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Chubb by 57.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 356,602 shares of the financial services provider's stock valued at $102,840,000 after purchasing an additional 130,629 shares during the period. Czech National Bank lifted 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 valued at $22,458,000 after buying an additional 4,757 shares during the period. Barclays PLC boosted its holdings in shares of Chubb by 28.1% during the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock valued at $511,226,000 after buying an additional 388,746 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of 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 worth $373,110,000 after acquiring an additional 14,610 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Chubb by 133.9% during the 4th quarter. Versant Capital Management Inc now owns 552 shares of the financial services provider's stock valued at $153,000 after acquiring an additional 316 shares during the period. 83.81% of the stock is owned by institutional investors.

Insider Activity at Chubb

In related news, EVP Timothy Alan Boroughs sold 14,748 shares of the stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $296.12, for a total value of $4,367,177.76. Following the transaction, the executive vice president now owns 29,194 shares of the company's stock, valued at $8,644,927.28. This represents a 33.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joseph F. Wayland sold 10,000 shares of Chubb stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the sale, the executive vice president now directly owns 77,703 shares of the company's stock, valued at approximately $22,297,652.88. This trade represents 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. Insiders own 0.77% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CB shares. Barclays cut their price target on Chubb from $324.00 to $321.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Keefe, Bruyette & Woods reduced their target price on Chubb from $316.00 to $314.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. JMP Securities reiterated a "market outperform" rating and issued a $325.00 price objective on shares of Chubb in a report on Wednesday, January 29th. Raymond James reissued a "strong-buy" rating on shares of Chubb in a report on Thursday, April 24th. Finally, Hsbc Global Res raised shares of Chubb from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $307.86.

Chubb Price Performance

Shares of CB traded up $1.23 during trading hours on Tuesday, reaching $289.06. 1,055,217 shares of the stock traded hands, compared to its average volume of 1,625,011. The company has a market cap of $115.83 billion, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 3.36 and a beta of 0.57. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The company's 50-day moving average price is $288.11 and its two-hundred day moving average price is $280.75. Chubb Limited has a 52-week low of $249.90 and a 52-week high of $306.91.

Chubb (NYSE:CB - Get Free Report) last released its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share for the quarter, topping analysts' consensus estimates of $3.28 by $0.40. The firm had revenue of $12.65 billion during the quarter, compared to analyst estimates of $11.22 billion. Chubb had a return on equity of 13.75% and a net margin of 16.63%. On average, analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Friday, March 14th. Chubb's dividend payout ratio is 17.52%.

Chubb 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.