Atria Investments Inc Purchases 1,544 Shares of Chubb Limited (NYSE:CB)

Atria Investments Inc lifted its position in Chubb Limited (NYSE:CB) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,268 shares of the financial services provider’s stock after acquiring an additional 1,544 shares during the quarter. Atria Investments Inc’s holdings in Chubb were worth $13,613,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CB. FMR LLC lifted its holdings in Chubb by 7.3% during the 3rd quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock valued at $4,492,103,000 after buying an additional 1,052,999 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in Chubb by 41,494.7% during the 4th quarter. Proficio Capital Partners LLC now owns 812,761 shares of the financial services provider’s stock valued at $224,566,000 after buying an additional 810,807 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Chubb by 49.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider’s stock valued at $338,070,000 after purchasing an additional 389,343 shares in the last quarter. Barclays PLC raised its holdings in shares of Chubb by 28.1% in the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock valued at $511,226,000 after purchasing an additional 388,746 shares in the last quarter. Finally, World Investment Advisors LLC raised its holdings in shares of Chubb by 8,398.0% in the 3rd quarter. World Investment Advisors LLC now owns 274,740 shares of the financial services provider’s stock valued at $79,232,000 after purchasing an additional 271,507 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.

Chubb Stock Up 1.2 %

NYSE:CB opened at $287.52 on Thursday. The company has a market cap of $115.90 billion, a PE ratio of 12.65, a P/E/G ratio of 3.36 and a beta of 0.67. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $271.67 and its two-hundred day moving average is $280.11.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 EPS for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. Analysts anticipate that Chubb Limited will post 21.52 EPS for the current year.

Chubb Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Friday, March 14th. Chubb’s payout ratio is 16.02%.

Wall Street Analyst Weigh In

CB has been the subject of several recent research reports. HSBC upgraded shares of Chubb from a “hold” rating to a “buy” rating and set a $323.00 price target for the company in a report on Wednesday. Keefe, Bruyette & Woods boosted their price target on shares of Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Barclays reduced their price target on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Wells Fargo & Company reduced their price target on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a research report on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $299.27.

Insider Buying and Selling at Chubb

In related news, EVP Joseph F. Wayland sold 10,000 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $286.96, for a total value of $2,869,600.00. Following the completion of the transaction, the executive vice president now directly owns 77,703 shares in the company, valued at $22,297,652.88. The trade was a 11.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.86% of the company’s stock.

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.