One Wealth Advisors LLC Makes New Investment in Chubb Limited $CB

Key Points

• One Wealth Advisors LLC initiated a new position in Chubb Limited (NYSE:CB) in Q4, buying 3,210 shares worth about $1.00 million, and institutional investors now own roughly 83.8% of the stock.
• Chubb Limited trades around $326 with a $127.36 billion market cap and a P/E of 11.52; it reported $6.82 EPS for the quarter and pays a quarterly dividend of $0.97 (annualized $3.88, yield ~1.2%).
• Insider selling totaled about 44,877 shares (~$14.9 million) in the last three months, while analyst consensus is a "Moderate Buy" with an average target price of $349.33.

One Wealth Advisors LLC bought a new position in shares of Chubb Limited (NYSE:CB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,210 shares of the financial services provider's stock, valued at approximately $1,002,000.

Other large investors also recently modified their holdings of the company. Cedar Mountain Advisors LLC grew its holdings in shares of Chubb by 155.6% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 92 shares of the financial services provider's stock worth $26,000 after purchasing an additional 56 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in Chubb in the fourth quarter valued at about $31,000. Ares Financial Consulting LLC bought a new position in Chubb in the fourth quarter valued at about $32,000. KERR FINANCIAL PLANNING Corp bought a new position in Chubb in the third quarter valued at about $31,000. Finally, Cornerstone Planning Group LLC raised its position in Chubb by 81.5% in the third quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 53 shares during the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Chubb Stock Performance

Shares of CB opened at $326.39 on Friday. The firm has a market cap of $127.36 billion, a PE ratio of 11.52, a PEG ratio of 1.68 and a beta of 0.49. The stock's fifty day moving average price is $329.03 and its two-hundred day moving average price is $310.95. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.28 and a quick ratio of 0.27. Chubb Limited has a 1 year low of $264.10 and a 1 year high of $345.67.

Chubb (NYSE:CB - Get Free Report) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%.The firm had revenue of $14.93 billion for the quarter. On average, equities research analysts forecast that Chubb Limited will post 26.69 EPS for the current year.

Chubb Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 13th were paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, March 13th. Chubb's payout ratio is presently 13.70%.

Analyst Ratings Changes

CB has been the subject of a number of analyst reports. Mizuho lowered their price objective on Chubb from $336.00 to $335.00 and set a "neutral" rating for the company in a research report on Tuesday, April 14th. Wolfe Research raised their price objective on Chubb from $372.00 to $373.00 and gave the company an "outperform" rating in a research note on Monday, April 6th. Cantor Fitzgerald reissued a "neutral" rating and issued a $315.00 price objective on shares of Chubb in a research note on Wednesday, April 22nd. BMO Capital Markets lifted their target price on Chubb from $326.00 to $339.00 and gave the company a "market perform" rating in a research report on Friday, April 24th. Finally, Evercore lifted their target price on Chubb from $347.00 to $349.00 and gave the company an "outperform" rating in a research report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $349.33.

Insider Activity at Chubb

In related news, EVP Timothy Alan Boroughs sold 27,817 shares of the business's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $331.98, for a total transaction of $9,234,687.66. Following the sale, the executive vice president directly owned 11,810 shares in the company, valued at approximately $3,920,683.80. The trade was a 70.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Olivier Steimer sold 2,000 shares of the firm's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $329.30, for a total value of $658,600.00. Following the completion of the sale, the director directly owned 25,468 shares in the company, valued at approximately $8,386,612.40. The trade was a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 44,877 shares of company stock worth $14,885,226. 0.37% of the stock is owned by company insiders.

About Chubb

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.

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