Stephens Inc. AR elevated its place in Chubb Restricted (NYSE:CB – Free Report) by 2.7% throughout the third quarter, based on the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The institutional investor owned 9,876 shares of the monetary providers supplier’s inventory after buying a further 260 shares throughout the quarter. Stephens Inc. AR’s holdings in Chubb had been price $2,848,000 as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional buyers additionally lately purchased and bought shares of the corporate. Deroy & Devereaux Non-public Funding Counsel Inc. grew its stake in Chubb by 0.5% within the third quarter. Deroy & Devereaux Non-public Funding Counsel Inc. now owns 122,721 shares of the monetary providers supplier’s inventory price $35,391,000 after buying a further 619 shares within the final quarter. Cordatus Wealth Administration LLC lifted its holdings in Chubb by 1.0% throughout the third quarter. Cordatus Wealth Administration LLC now owns 6,530 shares of the monetary providers supplier’s inventory price $1,883,000 after shopping for a further 66 shares throughout the interval. HM Payson & Co. lifted its holdings in Chubb by 6.9% throughout the third quarter. HM Payson & Co. now owns 8,553 shares of the monetary providers supplier’s inventory price $2,467,000 after shopping for a further 555 shares throughout the interval. Catalyst Monetary Companions LLC lifted its holdings in Chubb by 4.7% throughout the third quarter. Catalyst Monetary Companions LLC now owns 1,820 shares of the monetary providers supplier’s inventory price $525,000 after shopping for a further 82 shares throughout the interval. Lastly, Pinnacle Associates Ltd. lifted its holdings in Chubb by 8.4% throughout the third quarter. Pinnacle Associates Ltd. now owns 16,461 shares of the monetary providers supplier’s inventory price $4,747,000 after shopping for a further 1,281 shares throughout the interval. Institutional buyers personal 83.81% of the corporate’s inventory.
Insider Transactions at Chubb
In different information, EVP Juan Luis Ortega bought 3,921 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, August twentieth. The inventory was bought at a median worth of $273.06, for a complete transaction of $1,070,668.26. Following the transaction, the manager vice chairman now instantly owns 44,632 shares within the firm, valued at $12,187,213.92. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible at this hyperlink. In associated information, Director Michael G. Atieh bought 261 shares of the corporate’s inventory in a transaction that occurred on Tuesday, September third. The inventory was bought at a median worth of $287.49, for a complete worth of $75,034.89. Following the transaction, the director now instantly owns 39,172 shares within the firm, valued at roughly $11,261,558.28. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by means of this hyperlink. Additionally, EVP Juan Luis Ortega bought 3,921 shares of the corporate’s inventory in a transaction that occurred on Tuesday, August twentieth. The shares had been bought at a median worth of $273.06, for a complete worth of $1,070,668.26. Following the completion of the transaction, the manager vice chairman now owns 44,632 shares within the firm, valued at $12,187,213.92. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Insiders have bought a complete of 86,636 shares of firm inventory price $24,874,208 within the final ninety days. Insiders personal 0.86% of the corporate’s inventory.
Analyst Upgrades and Downgrades
A lot of analysts have weighed in on the corporate. Barclays began protection on Chubb in a report on Wednesday, September 4th. They set an “obese” ranking and a $349.00 goal worth for the corporate. Royal Financial institution of Canada elevated their worth goal on Chubb from $285.00 to $295.00 and gave the corporate an “outperform” ranking in a report on Thursday, July twenty fifth. Financial institution of America elevated their worth goal on Chubb from $275.00 to $282.00 and gave the corporate an “underperform” ranking in a report on Thursday, October tenth. JMP Securities elevated their worth goal on Chubb from $300.00 to $325.00 and gave the corporate a “market outperform” ranking in a report on Wednesday, October thirtieth. Lastly, JPMorgan Chase & Co. elevated their worth goal on Chubb from $291.00 to $294.00 and gave the corporate a “impartial” ranking in a report on Wednesday, October thirtieth. Two equities analysis analysts have rated the inventory with a promote ranking, eleven have given a maintain ranking, seven have assigned a purchase ranking and one has issued a robust purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat.com, the inventory presently has a consensus ranking of “Maintain” and a consensus worth goal of $287.26.
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Chubb Buying and selling Down 1.8 %
Shares of Chubb inventory opened at $277.41 on Monday. The agency has a market capitalization of $111.82 billion, a PE ratio of 11.36, a P/E/G ratio of 6.64 and a beta of 0.67. Chubb Restricted has a twelve month low of $215.54 and a twelve month excessive of $302.05. The agency’s 50-day transferring common worth is $288.23 and its 200 day transferring common worth is $271.01. The corporate has a present ratio of 0.28, a fast ratio of 0.31 and a debt-to-equity ratio of 0.21.
Chubb (NYSE:CB – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October twenty ninth. The monetary providers supplier reported $5.72 earnings per share for the quarter, beating analysts’ consensus estimates of $4.98 by $0.74. The agency had income of $13.83 billion for the quarter, in comparison with analyst estimates of $14.16 billion. Chubb had a web margin of 18.32% and a return on fairness of 15.46%. Chubb’s quarterly income was up 5.5% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the corporate posted $4.95 EPS. On common, sell-side analysts predict that Chubb Restricted will publish 21.6 EPS for the present fiscal yr.
Chubb Dividend Announcement
The enterprise additionally lately introduced a quarterly dividend, which was paid on Friday, October 4th. Stockholders of document on Friday, September thirteenth had been issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Friday, September thirteenth. Chubb’s dividend payout ratio is at present 14.91%.
Chubb Firm Profile
Chubb Restricted offers insurance coverage and reinsurance merchandise worldwide. The corporate’s North America Business P&C Insurance coverage phase presents business property, casualty, staff’ compensation, bundle insurance policies, danger administration, monetary strains, marine, building, environmental, medical danger, cyber danger, surety, and casualty; and group accident and medical health insurance to giant, center market, and small business companies.
Additional Studying
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