New Republic Capital LLC Has $216,000 Position in Chubb Limited (NYSE:CB)

New Republic Capital LLC grew its position in shares of Chubb Limited (NYSE:CB) by 6.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 778 shares of the financial services provider’s stock after purchasing an additional 48 shares during the quarter. New Republic Capital LLC’s holdings in Chubb were worth $216,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Continuum Advisory LLC raised its holdings in 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 last quarter. Kozak & Associates Inc. acquired a new stake in shares of Chubb during the third quarter worth $29,000. Gordian Capital Singapore Pte Ltd bought a new position in Chubb during the third quarter worth $29,000. Raelipskie Partnership acquired a new position in Chubb in the third quarter valued at $29,000. Finally, Truvestments Capital LLC bought a new stake in Chubb during the third quarter valued at $30,000. Institutional investors own 83.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on CB shares. JPMorgan Chase & Co. lifted their price objective on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Evercore ISI raised their price objective on shares of Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company dropped their target price on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Finally, Morgan Stanley boosted their price objective on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Chubb has a consensus rating of “Hold” and a consensus target price of $295.73.

Chubb Stock Down 1.4 %

CB stock opened at $266.32 on Tuesday. The stock has a fifty day moving average of $273.52 and a 200-day moving average of $279.80. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The company has a market capitalization of $107.36 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 3.41 and a beta of 0.67.

Chubb (NYSE:CB) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. As a group, equities research analysts predict that Chubb Limited will post 21.66 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a $0.91 dividend. 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 1.37%. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

Chubb Profile

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.