Town & Country Bank & Trust CO dba First Bankers Trust CO Boosts Position in Chubb Limited (NYSE:CB)

Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in Chubb Limited (NYSE:CB) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,368 shares of the financial services provider’s stock after buying an additional 349 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Chubb were worth $2,312,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Continuum Advisory LLC lifted its stake in Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares in the last quarter. Kozak & Associates Inc. bought a new stake in Chubb during the third quarter valued at $29,000. Gordian Capital Singapore Pte Ltd bought a new position in Chubb in the 3rd quarter worth about $29,000. Raelipskie Partnership purchased a new stake in shares of Chubb in the 3rd quarter valued at about $29,000. Finally, Truvestments Capital LLC bought a new stake in shares of Chubb during the 3rd quarter valued at about $30,000. 83.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JMP Securities upped their price objective on shares of Chubb from $300.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 30th. Barclays lowered their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Piper Sandler increased their price target on shares of Chubb from $281.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, October 4th. Morgan Stanley boosted their price objective on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Finally, Evercore ISI increased their target price on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $288.17.

Chubb Stock Performance

Shares of CB opened at $276.48 on Tuesday. Chubb Limited has a 12 month low of $238.85 and a 12 month high of $302.05. The business’s fifty day simple moving average is $276.24 and its two-hundred day simple moving average is $278.99. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The company has a market cap of $111.45 billion, a price-to-earnings ratio of 11.32, a P/E/G ratio of 7.23 and a beta of 0.67.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $5.72 EPS for the quarter, topping the consensus estimate of $4.98 by $0.74. The company had revenue of $13.83 billion during the quarter, compared to the consensus estimate of $14.16 billion. Chubb had a return on equity of 15.46% and a net margin of 18.32%. Chubb’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company earned $4.95 EPS. Research analysts anticipate that Chubb Limited will post 21.95 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a yield of 1.32%. Chubb’s dividend payout ratio (DPR) is 14.91%.

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.