Bank of New Hampshire Acquires 65 Shares of Chubb Limited (NYSE:CB)

Bank of New Hampshire increased its stake in shares of Chubb Limited (NYSE:CB) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,642 shares of the financial services provider’s stock after acquiring an additional 65 shares during the quarter. Bank of New Hampshire’s holdings in Chubb were worth $454,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Barclays PLC increased its holdings in shares of Chubb by 28.1% during the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock worth $511,226,000 after purchasing an additional 388,746 shares during the period. Moloney Securities Asset Management LLC grew its position in Chubb by 97.9% during the third quarter. Moloney Securities Asset Management LLC now owns 3,851 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 1,905 shares in the last quarter. Private Advisor Group LLC increased its stake in Chubb by 21.2% during the second quarter. Private Advisor Group LLC now owns 12,853 shares of the financial services provider’s stock valued at $3,279,000 after acquiring an additional 2,250 shares during the period. Savvy Advisors Inc. acquired a new position in Chubb in the 3rd quarter valued at approximately $721,000. Finally, U.S. Capital Wealth Advisors LLC lifted its position in shares of Chubb by 14.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 16,636 shares of the financial services provider’s stock worth $4,798,000 after acquiring an additional 2,102 shares during the period. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Chubb Trading Up 0.2 %

NYSE CB traded up $0.41 on Tuesday, reaching $267.72. The company had a trading volume of 82,476 shares, compared to its average volume of 1,191,255. The stock’s 50 day moving average is $280.41 and its 200-day moving average is $278.05. The stock has a market cap of $107.92 billion, a price-to-earnings ratio of 10.96, a PEG ratio of 6.43 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a 52 week low of $222.85 and a 52 week high of $302.05.

Chubb (NYSE:CB) last posted its earnings results on Tuesday, October 29th. The financial services provider reported $5.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.98 by $0.74. Chubb had a return on equity of 15.46% and a net margin of 18.32%. The firm had revenue of $13.83 billion during the quarter, compared to analysts’ expectations of $14.16 billion. During the same period in the previous year, the firm earned $4.95 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. Equities analysts predict that Chubb Limited will post 21.82 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were paid a $0.91 dividend. The ex-dividend date was Friday, December 13th. This represents a $3.64 dividend on an annualized basis and a yield of 1.36%. Chubb’s payout ratio is 14.91%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CB. JMP Securities boosted their price objective on Chubb from $300.00 to $325.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 30th. Jefferies Financial Group increased their price objective on shares of Chubb from $294.00 to $295.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Bank of America upped their target price on shares of Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th. Wells Fargo & Company raised their price target on shares of Chubb from $266.00 to $268.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 5th. Finally, Barclays lowered their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $286.16.

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.