Whittier Trust Co. lowered its position in Chubb Ltd (NYSE:CB) by 18.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,803 shares of the financial services provider’s stock after selling 4,355 shares during the quarter. Whittier Trust Co.’s holdings in Chubb were worth $2,893,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Welch Group LLC purchased a new position in Chubb in the fourth quarter worth approximately $110,000. Atlantic Trust LLC purchased a new position in Chubb in the second quarter worth approximately $116,000. Horan Capital Advisors LLC. purchased a new stake in shares of Chubb during the 3rd quarter worth approximately $133,000. Zions Bancorporation lifted its position in shares of Chubb by 716.3% during the 3rd quarter. Zions Bancorporation now owns 1,151 shares of the financial services provider’s stock worth $164,000 after buying an additional 1,010 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of Chubb during the 3rd quarter worth approximately $198,000. Institutional investors own 87.40% of the company’s stock.

Chubb Ltd (NYSE:CB) opened at $144.61 on Tuesday. The company has a market cap of $67,089.37, a price-to-earnings ratio of 17.64, a PEG ratio of 1.34 and a beta of 0.95. Chubb Ltd has a 1-year low of $132.25 and a 1-year high of $157.50. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.29 and a quick ratio of 0.30.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, January 30th. The financial services provider reported $3.17 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.86. The business had revenue of $7.05 billion for the quarter, compared to analysts’ expectations of $6.64 billion. Chubb had a net margin of 11.87% and a return on equity of 7.52%. The company’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.72 EPS. analysts predict that Chubb Ltd will post 10.76 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Friday, December 29th were issued a $0.71 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.96%. Chubb’s payout ratio is 34.63%.

Chubb declared that its Board of Directors has initiated a stock repurchase plan on Thursday, December 21st that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its stock is undervalued.

CB has been the subject of several recent analyst reports. Wells Fargo & Co set a $169.00 price objective on shares of Chubb and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Goldman Sachs Group initiated coverage on shares of Chubb in a research report on Monday, December 4th. They set a “buy” rating and a $167.00 price objective for the company. UBS Group boosted their price objective on shares of Chubb from $160.00 to $169.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. upgraded shares of Chubb from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 8th. Finally, Zacks Investment Research upgraded shares of Chubb from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $163.92.

In other Chubb news, CEO Evan G. Greenberg sold 95,761 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $145.56, for a total value of $13,938,971.16. Following the transaction, the chief executive officer now directly owns 1,367,229 shares of the company’s stock, valued at approximately $199,013,853.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Timothy Alan Boroughs sold 18,611 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $151.22, for a total transaction of $2,814,355.42. Following the completion of the transaction, the insider now directly owns 201,165 shares in the company, valued at $30,420,171.30. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

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Chubb Profile

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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