2,337 Shares in Chubb Limited (NYSE:CB) Purchased by Little House Capital LLC

Little House Capital LLC purchased a new stake in shares of Chubb Limited (NYSE:CB - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,337 shares of the financial services provider's stock, valued at approximately $706,000.

Several other institutional investors have also made changes to their positions in the company. California Public Employees Retirement System lifted its holdings 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 worth $373,110,000 after purchasing an additional 14,610 shares during the last quarter. Canopy Partners LLC lifted its holdings in 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 purchasing an additional 2,340 shares during the last quarter. Vista Investment Partners II LLC acquired a new stake in Chubb in the 4th quarter worth approximately $2,442,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Chubb by 15.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,753,719 shares of the financial services provider's stock worth $760,853,000 after purchasing an additional 366,559 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Chubb in the 4th quarter worth approximately $1,158,897,000. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Chubb Stock Performance

Chubb stock traded up $1.55 on Friday, hitting $285.12. The company's stock had a trading volume of 3,782,107 shares, compared to its average volume of 1,624,388. The firm has a market cap of $114.26 billion, a P/E ratio of 13.71, a price-to-earnings-growth ratio of 3.17 and a beta of 0.54. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.21. The company has a fifty day moving average price of $287.84 and a 200-day moving average price of $281.76. Chubb Limited has a one year low of $251.42 and a one year high of $306.91.

Chubb (NYSE:CB - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.28 by $0.40. Chubb had a net margin of 15.05% and a return on equity of 12.37%. The firm had revenue of $12.65 billion for the quarter, compared to analyst estimates of $11.22 billion. On average, equities analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Chubb announced that its board has authorized a stock buyback program on Thursday, May 15th that permits the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

Chubb Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Friday, June 13th will be issued a $0.97 dividend. This is a positive change from Chubb's previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Friday, June 13th. This represents a $3.88 annualized dividend and a dividend yield of 1.36%. Chubb's dividend payout ratio is presently 18.67%.

Insider Transactions at Chubb

In other news, COO John W. Keogh sold 9,794 shares of the company's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $292.99, for a total value of $2,869,544.06. Following the sale, the chief operating officer now owns 247,538 shares of the company's stock, valued at approximately $72,526,158.62. This represents a 3.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.86% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CB shares. UBS Group boosted their target price on Chubb from $303.00 to $304.00 and gave the stock a "neutral" rating in a report on Monday, April 28th. Hsbc Global Res upgraded Chubb from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Barclays reduced their target price on Chubb from $324.00 to $321.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Keefe, Bruyette & Woods cut their price target on Chubb from $316.00 to $314.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Finally, HSBC upgraded Chubb from a "hold" rating to a "buy" rating and set a $323.00 price target for the company in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Chubb currently has a consensus rating of "Moderate Buy" and a consensus target price of $307.53.

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.