CSM Advisors LLC Has $11.12 Million Stock Position in Chubb Limited (NYSE:CB)

CSM Advisors LLC decreased its holdings in Chubb Limited (NYSE:CB - Free Report) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,257 shares of the financial services provider's stock after selling 1,577 shares during the quarter. CSM Advisors LLC's holdings in Chubb were worth $11,121,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its position in shares of 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 worth $102,840,000 after buying an additional 130,629 shares during the period. Czech National Bank grew its holdings in shares of Chubb by 6.2% during the 4th quarter. Czech National Bank now owns 81,282 shares of the financial services provider's stock valued at $22,458,000 after acquiring an additional 4,757 shares in the last quarter. Barclays PLC increased its stake in shares of Chubb by 28.1% in the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider's stock worth $511,226,000 after acquiring an additional 388,746 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Chubb by 1.1% during the fourth 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 boosted its position in Chubb by 133.9% during the fourth quarter. Versant Capital Management Inc now owns 552 shares of the financial services provider's stock valued at $153,000 after purchasing an additional 316 shares during the last quarter. Institutional investors own 83.81% of the company's stock.

Insider Buying and Selling

In other Chubb news, EVP Joseph F. Wayland sold 12,231 shares of Chubb stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $294.82, for a total transaction of $3,605,943.42. Following the completion of the transaction, the executive vice president now directly owns 78,422 shares of the company's stock, valued at approximately $23,120,374.04. This trade represents a 13.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Evan G. Greenberg sold 25,728 shares of the company's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $291.45, for a total transaction of $7,498,425.60. Following the completion of the sale, the chief executive officer now directly owns 584,395 shares in the company, valued at approximately $170,321,922.75. The trade was a 4.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,470 shares of company stock valued at $18,562,730 over the last quarter. Corporate insiders own 0.86% of the company's stock.

Chubb Stock Performance

CB traded up $1.57 on Monday, hitting $280.68. 568,902 shares of the stock traded hands, compared to its average volume of 1,625,823. The business has a fifty day moving average price of $286.39 and a two-hundred day moving average price of $281.09. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a 52 week low of $244.84 and a 52 week high of $306.91. The firm has a market capitalization of $112.47 billion, a PE ratio of 12.35, a P/E/G ratio of 3.36 and a beta of 0.47.

Chubb (NYSE:CB - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 EPS for the quarter, beating 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 business had revenue of $12.65 billion during the quarter, compared to analyst estimates of $11.22 billion. On average, research analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 14th were paid a $0.91 dividend. The ex-dividend date was Friday, March 14th. This represents a $3.64 dividend on an annualized basis and a yield of 1.30%. Chubb's payout ratio is currently 17.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CB shares. Raymond James reaffirmed a "strong-buy" rating on shares of Chubb in a research note on Thursday. Hsbc Global Res upgraded shares of Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Barclays decreased their price objective 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. HSBC upgraded Chubb from a "hold" rating to a "buy" rating and set a $323.00 target price on the stock in a report on Wednesday, March 5th. Finally, JPMorgan Chase & Co. increased their price objective on Chubb from $300.00 to $307.00 and gave the company a "neutral" rating in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $307.79.

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.