AA Financial Advisors LLC Grows Holdings in Chubb Limited (NYSE:CB)

AA Financial Advisors LLC lifted its stake in Chubb Limited (NYSE:CB) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,042 shares of the financial services provider’s stock after purchasing an additional 273 shares during the period. AA Financial Advisors LLC’s holdings in Chubb were worth $1,393,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Continuum Advisory LLC raised its stake in Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares in the last quarter. Kozak & Associates Inc. bought a new position in shares of Chubb in the 3rd quarter worth $29,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Chubb during the 3rd quarter worth $29,000. Raelipskie Partnership bought a new stake in Chubb during the third quarter valued at about $29,000. Finally, Truvestments Capital LLC purchased a new stake in shares of Chubb during the third quarter valued at about $30,000. Institutional investors own 83.81% of the company’s stock.

Chubb Stock Down 0.4 %

CB opened at $274.76 on Friday. The company has a fifty day moving average of $275.63 and a two-hundred day moving average of $279.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.28. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The stock has a market capitalization of $110.76 billion, a price-to-earnings ratio of 12.09, a PEG ratio of 7.45 and a beta of 0.67.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 13.86% and a net margin of 16.63%. On average, research analysts expect that Chubb Limited will post 22.86 earnings per share for the current year.

Chubb Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were paid a dividend of $0.91 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.32%. Chubb’s dividend payout ratio is currently 16.02%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CB. Piper Sandler lifted their price objective on shares of Chubb from $281.00 to $305.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Wells Fargo & Company reduced their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Royal Bank of Canada restated an “outperform” rating and set a $320.00 target price on shares of Chubb in a research note on Thursday. Keefe, Bruyette & Woods increased their price target on Chubb from $320.00 to $328.00 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, JMP Securities restated a “market outperform” rating and set a $325.00 price target on shares of Chubb in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Chubb presently has a consensus rating of “Hold” and an average price target of $289.78.

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.