Chubb Limited (NYSE:CB) Shares Acquired by Perigon Wealth Management LLC

Perigon Wealth Management LLC increased its holdings in shares of Chubb Limited (NYSE:CBFree Report) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,054 shares of the financial services provider’s stock after acquiring an additional 618 shares during the quarter. Perigon Wealth Management LLC’s holdings in Chubb were worth $2,203,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Continuum Advisory LLC raised its position in shares of Chubb by 56.5% during 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 during the period. Kozak & Associates Inc. acquired a new stake in Chubb in the third quarter worth $29,000. Gordian Capital Singapore Pte Ltd bought a new stake in Chubb in the third quarter valued at $29,000. Raelipskie Partnership acquired a new position in shares of Chubb during the third quarter valued at $29,000. Finally, Truvestments Capital LLC acquired a new position in shares of Chubb during the third quarter valued at $30,000. Institutional investors own 83.81% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Morgan Stanley lifted their price objective on shares of Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. Evercore ISI boosted their price objective on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. JMP Securities restated a “market outperform” rating and issued a $325.00 target price on shares of Chubb in a research report on Wednesday. Jefferies Financial Group boosted their price target on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Barclays reduced their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, ten have given 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.com, the stock presently has an average rating of “Hold” and an average target price of $288.39.

Get Our Latest Stock Analysis on Chubb

Chubb Stock Up 1.4 %

Shares of CB opened at $276.05 on Thursday. The business’s fifty day moving average price is $275.77 and its two-hundred day moving average price is $279.22. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05. The firm has a market capitalization of $111.27 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 7.23 and a beta of 0.67. 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 (NYSE:CBGet Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a return on equity of 15.46% and a net margin of 18.32%. On average, analysts predict that Chubb Limited will post 21.95 earnings per share for the current year.

Chubb Dividend Announcement

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

Chubb Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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