Chubb Limited $CB Stock Position Raised by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its position in shares of Chubb Limited (NYSE:CB) by 10.0% in the fourth quarter, Holdings Channel reports. The firm owned 62,701 shares of the financial services provider’s stock after buying an additional 5,696 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Chubb were worth $19,570,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management raised its stake in shares of Chubb by 490.5% in the 4th quarter. Spire Wealth Management now owns 8,615 shares of the financial services provider’s stock valued at $2,689,000 after acquiring an additional 7,156 shares in the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of Chubb by 7.4% during the 4th quarter. Chesley Taft & Associates LLC now owns 102,427 shares of the financial services provider’s stock worth $31,970,000 after purchasing an additional 7,043 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in shares of Chubb by 42.3% during the 4th quarter. Pallas Capital Advisors LLC now owns 14,243 shares of the financial services provider’s stock worth $4,446,000 after purchasing an additional 4,233 shares in the last quarter. waypoint wealth counsel boosted its stake in Chubb by 76.4% in the 4th quarter. waypoint wealth counsel now owns 4,118 shares of the financial services provider’s stock valued at $1,285,000 after buying an additional 1,784 shares in the last quarter. Finally, Berkshire Hathaway Inc boosted its stake in Chubb by 15.9% in the 3rd quarter. Berkshire Hathaway Inc now owns 31,332,895 shares of the financial services provider’s stock valued at $8,843,710,000 after buying an additional 4,299,111 shares in the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Chubb Trading Down 0.0%

Shares of CB opened at $328.06 on Monday. The stock has a fifty day moving average price of $324.93 and a two-hundred day moving average price of $319.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.28 and a current ratio of 0.28. Chubb Limited has a 52-week low of $264.10 and a 52-week high of $345.67. The company has a market cap of $127.24 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 1.68 and a beta of 0.41.

Chubb (NYSE:CB) last issued its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%.The firm had revenue of $14.93 billion during the quarter. Analysts predict that Chubb Limited will post 26.8 EPS for the current fiscal year.

Chubb Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, June 12th. This is a positive change from Chubb’s previous quarterly dividend of $0.97. Chubb’s dividend payout ratio is presently 14.41%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Weiss Ratings raised Chubb from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, April 27th. Barclays decreased their price target on Chubb from $375.00 to $368.00 and set an “equal weight” rating on the stock in a research note on Friday. Piper Sandler boosted their price target on Chubb from $328.00 to $340.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Evercore boosted their price target on Chubb from $347.00 to $349.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Chubb from $304.00 to $330.00 and gave the company a “hold” rating in a research note on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Chubb has an average rating of “Moderate Buy” and an average price target of $349.10.

Insider Buying and Selling at Chubb

In other Chubb news, COO John W. Keogh sold 23,000 shares of Chubb stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $321.51, for a total value of $7,394,730.00. Following the completion of the transaction, the chief operating officer owned 203,322 shares in the company, valued at approximately $65,370,056.22. The trade was a 10.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Olivier Steimer sold 2,000 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total value of $658,600.00. Following the sale, the director owned 25,468 shares of the company’s stock, valued at approximately $8,386,612.40. The trade was a 7.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.37% of the company’s stock.

Chubb Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.