RWA Wealth Partners LLC Has $3.08 Million Position in Chubb Limited (NYSE:CB)

RWA Wealth Partners LLC boosted its stake in Chubb Limited (NYSE:CB - Free Report) by 557.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,623 shares of the financial services provider's stock after acquiring an additional 11,550 shares during the period. RWA Wealth Partners LLC's holdings in Chubb were worth $3,079,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MCF Advisors LLC lifted its position in Chubb by 4.2% during the 4th quarter. MCF Advisors LLC now owns 1,046 shares of the financial services provider's stock worth $237,000 after acquiring an additional 42 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Chubb by 5.2% during the fourth quarter. AdvisorNet Financial Inc now owns 886 shares of the financial services provider's stock worth $200,000 after purchasing an additional 44 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in shares of Chubb by 0.9% during the fourth quarter. Valley National Advisers Inc. now owns 5,113 shares of the financial services provider's stock worth $1,155,000 after purchasing an additional 44 shares during the period. Sfmg LLC grew its position in Chubb by 3.0% in the 4th quarter. Sfmg LLC now owns 1,533 shares of the financial services provider's stock valued at $346,000 after buying an additional 45 shares during the last quarter. Finally, Regent Peak Wealth Advisors LLC grew its position in Chubb by 3.9% in the 3rd quarter. Regent Peak Wealth Advisors LLC now owns 1,244 shares of the financial services provider's stock valued at $259,000 after buying an additional 47 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CB. Royal Bank of Canada lifted their price objective on shares of Chubb from $255.00 to $275.00 and gave the company an "outperform" rating in a research report on Thursday, February 1st. Wells Fargo & Company lifted their price objective on shares of Chubb from $234.00 to $255.00 and gave the company an "equal weight" rating in a research report on Thursday, February 1st. UBS Group lifted their price objective on shares of Chubb from $245.00 to $256.00 and gave the company a "neutral" rating in a research report on Monday, February 5th. HSBC reissued a "hold" rating and issued a $270.00 target price (down previously from $275.00) on shares of Chubb in a report on Thursday, April 4th. Finally, Morgan Stanley raised their target price on Chubb from $258.00 to $260.00 and gave the company an "equal weight" rating in a report on Monday, April 15th. Ten analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Chubb has an average rating of "Moderate Buy" and an average target price of $266.37.

Insider Transactions at Chubb

In other news, CAO Annmarie T. Hagan sold 7,180 shares of the company's stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $245.04, for a total value of $1,759,387.20. Following the completion of the sale, the chief accounting officer now owns 6,105 shares of the company's stock, valued at $1,495,969.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Timothy Alan Boroughs sold 14,303 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $258.78, for a total value of $3,701,330.34. Following the completion of the transaction, the executive vice president now owns 35,662 shares of the company's stock, valued at $9,228,612.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Annmarie T. Hagan sold 7,180 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $245.04, for a total value of $1,759,387.20. Following the completion of the transaction, the chief accounting officer now directly owns 6,105 shares of the company's stock, valued at approximately $1,495,969.20. The disclosure for this sale can be found here. Insiders sold 116,043 shares of company stock valued at $29,766,694 over the last quarter. Company insiders own 0.86% of the company's stock.

Chubb Trading Down 2.7 %

CB stock traded down $6.87 during trading on Wednesday, reaching $243.01. 3,184,853 shares of the stock traded hands, compared to its average volume of 1,748,423. The business's 50 day moving average price is $252.54 and its 200-day moving average price is $235.21. Chubb Limited has a 52-week low of $183.71 and a 52-week high of $260.58. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a market capitalization of $98.66 billion, a PE ratio of 11.13, a P/E/G ratio of 1.18 and a beta of 0.62.

Chubb (NYSE:CB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported $5.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.29 by $0.12. Chubb had a return on equity of 16.45% and a net margin of 18.11%. The firm had revenue of $12.22 billion during the quarter, compared to the consensus estimate of $11.75 billion. During the same quarter in the previous year, the business earned $4.41 earnings per share. The firm's quarterly revenue was up 14.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Chubb Limited will post 21.32 earnings per share for the current year.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 15th were given a $0.86 dividend. This represents a $3.44 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Thursday, March 14th. Chubb's payout ratio is 15.76%.

Chubb Company 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.