Guyasuta Investment Advisors Inc. Sells 140 Shares of Chubb Limited (NYSE:CB)

Guyasuta Investment Advisors Inc. reduced its stake in Chubb Limited (NYSE:CB) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,491 shares of the financial services provider’s stock after selling 140 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Chubb were worth $1,793,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Continuum Advisory LLC increased its stake in Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 35 shares in the last quarter. Kozak & Associates Inc. acquired a new position in shares of Chubb during the third quarter valued at about $29,000. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb during the third quarter valued at about $29,000. Raelipskie Partnership acquired a new position in shares of Chubb during the third quarter valued at about $29,000. Finally, Truvestments Capital LLC acquired a new position in shares of Chubb during the third quarter valued at about $30,000. 83.81% of the stock is owned by institutional investors.

Chubb Price Performance

Shares of Chubb stock opened at $264.49 on Friday. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. The stock has a market capitalization of $106.62 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 3.41 and a beta of 0.67. The company has a fifty day moving average of $271.91 and a 200-day moving average of $279.64. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.

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

Chubb Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a dividend of $0.91 per share. The ex-dividend date was Friday, December 13th. This represents a $3.64 annualized dividend and a yield of 1.38%. Chubb’s payout ratio is currently 16.02%.

Wall Street Analyst Weigh In

CB has been the topic of several analyst reports. Keefe, Bruyette & Woods boosted their price target on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. JMP Securities restated a “market outperform” rating and set a $325.00 price target on shares of Chubb in a report on Wednesday, January 29th. Royal Bank of Canada restated an “outperform” rating and set a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. Morgan Stanley boosted their target price on shares of Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $295.73.

Chubb Company 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.