Polaris Capital Management LLC trimmed its stake in Chubb Limited (NYSE:CB – Get Rating) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 274,849 shares of the financial services provider’s stock after selling 9,800 shares during the period. Chubb accounts for about 2.1% of Polaris Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Polaris Capital Management LLC owned about 0.07% of Chubb worth $60,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the business. Bank of New York Mellon Corp raised its holdings in shares of Chubb by 6.8% during the third quarter. Bank of New York Mellon Corp now owns 5,282,359 shares of the financial services provider’s stock valued at $960,755,000 after purchasing an additional 338,463 shares during the last quarter. Boston Partners boosted its position in shares of Chubb by 3.9% in the third quarter. Boston Partners now owns 2,741,428 shares of the financial services provider’s stock worth $501,001,000 after purchasing an additional 103,984 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Chubb by 3.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,126,486 shares of the financial services provider’s stock worth $454,856,000 after purchasing an additional 64,887 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Chubb by 3.6% in the third quarter. Dimensional Fund Advisors LP now owns 2,000,280 shares of the financial services provider’s stock worth $363,845,000 after purchasing an additional 68,754 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Chubb by 33.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,176,123 shares of the financial services provider’s stock worth $213,910,000 after purchasing an additional 293,145 shares during the period. Institutional investors own 87.12% of the company’s stock.

Chubb Stock Performance

CB traded down $1.93 during trading on Friday, reaching $199.46. 332,745 shares of the company’s stock were exchanged, compared to its average volume of 1,761,043. Chubb Limited has a 1 year low of $173.78 and a 1 year high of $231.37. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.36 and a quick ratio of 0.36. The stock has a market capitalization of $82.61 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 1.13 and a beta of 0.64. The company’s fifty day simple moving average is $197.19 and its 200-day simple moving average is $209.39.

Chubb (NYSE:CB – Get Rating) last posted its quarterly earnings results on Tuesday, April 25th. The financial services provider reported $4.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.37 by $0.04. Chubb had a net margin of 11.71% and a return on equity of 13.13%. The company had revenue of $9.42 billion during the quarter, compared to analyst estimates of $9.39 billion. During the same period last year, the firm posted $3.82 EPS. Chubb’s revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, research analysts predict that Chubb Limited will post 17.58 earnings per share for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 10th. Investors of record on Friday, March 17th were issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 1.66%. The ex-dividend date was Thursday, March 16th. Chubb’s payout ratio is presently 26.65%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup upgraded shares of Chubb from a “neutral” rating to a “buy” rating and set a $229.00 target price for the company in a research report on Tuesday, April 18th. BMO Capital Markets initiated coverage on shares of Chubb in a research report on Thursday, January 19th. They set a “market perform” rating and a $225.00 price objective for the company. Evercore ISI lowered their price objective on shares of Chubb from $259.00 to $242.00 and set an “outperform” rating for the company in a research report on Thursday, April 13th. Jefferies Financial Group lowered their price objective on shares of Chubb from $237.00 to $221.00 and set a “hold” rating for the company in a research report on Monday, April 10th. Finally, StockNews.com raised shares of Chubb from a “hold” rating to a “buy” rating in a research note on Thursday, April 27th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Chubb currently has a consensus rating of “Moderate Buy” and a consensus price target of $243.54.

Insider Buying and Selling

In other Chubb news, COO John W. Keogh sold 23,871 shares of Chubb stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $212.18, for a total transaction of $5,064,948.78. Following the sale, the chief operating officer now owns 272,062 shares of the company’s stock, valued at approximately $57,726,115.16. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, COO John W. Keogh sold 23,871 shares of the business’s stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $212.18, for a total transaction of $5,064,948.78. Following the transaction, the chief operating officer now owns 272,062 shares of the company’s stock, valued at approximately $57,726,115.16. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Theodore Shasta sold 1,000 shares of the business’s stock in a transaction dated Monday, March 20th. The shares were sold at an average price of $189.73, for a total transaction of $189,730.00. Following the transaction, the director now directly owns 14,488 shares in the company, valued at approximately $2,748,808.24. The disclosure for this sale can be found here. 0.39% of the stock is owned by insiders.

Chubb Company Profile

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Chubb Ltd. operates as a holding company, which engages in the provision of commercial and personal property and casualty insurance, personal accident and accident and health (A&H), reinsurance, and life insurance. It operates through the following segments: North America Commercial Property and Casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance.

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