NWF Advisory Services Inc. Has $2.31 Million Position in Chubb Limited $CB

NWF Advisory Services Inc. grew its holdings in Chubb Limited (NYSE:CB) by 568.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,167 shares of the financial services provider’s stock after purchasing an additional 6,946 shares during the quarter. NWF Advisory Services Inc.’s holdings in Chubb were worth $2,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Chubb by 12.8% during the fourth quarter. Brighton Jones LLC now owns 1,945 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 221 shares during the period. Revolve Wealth Partners LLC bought a new stake in Chubb during the 4th quarter valued at $205,000. Woodline Partners LP raised its holdings in Chubb by 13.0% during the first quarter. Woodline Partners LP now owns 12,599 shares of the financial services provider’s stock worth $3,805,000 after buying an additional 1,449 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Chubb by 14.4% in the second quarter. Sivia Capital Partners LLC now owns 1,392 shares of the financial services provider’s stock valued at $403,000 after buying an additional 175 shares in the last quarter. Finally, Kathmere Capital Management LLC grew its holdings in shares of Chubb by 52.0% during the second quarter. Kathmere Capital Management LLC now owns 1,274 shares of the financial services provider’s stock valued at $369,000 after buying an additional 436 shares during the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Analyst Ratings Changes

CB has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Chubb from $303.00 to $304.00 and gave the stock a “hold” rating in a research note on Monday, November 24th. UBS Group increased their price objective on shares of Chubb from $292.00 to $298.00 and gave the company a “neutral” rating in a research note on Monday, October 27th. Morgan Stanley set a $350.00 target price on Chubb in a research note on Friday, January 16th. Cantor Fitzgerald increased their price target on Chubb from $300.00 to $309.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Finally, Barclays boosted their price objective on Chubb from $317.00 to $339.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $323.81.

Insider Buying and Selling at Chubb

In other news, insider John J. Lupica sold 16,375 shares of Chubb stock in a transaction on Friday, November 14th. The shares were sold at an average price of $296.45, for a total transaction of $4,854,368.75. Following the completion of the sale, the insider directly owned 74,225 shares of the company’s stock, valued at approximately $22,004,001.25. The trade was a 18.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy Alan Boroughs sold 850 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $295.19, for a total value of $250,911.50. Following the completion of the transaction, the executive vice president directly owned 1,585 shares in the company, valued at approximately $467,876.15. This represents a 34.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,635 shares of company stock worth $9,970,735 over the last three months. 0.77% of the stock is owned by insiders.

Chubb Price Performance

Chubb stock opened at $303.38 on Tuesday. The firm has a market capitalization of $119.40 billion, a P/E ratio of 12.66, a PEG ratio of 3.26 and a beta of 0.51. Chubb Limited has a one year low of $263.14 and a one year high of $316.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.27 and a quick ratio of 0.27. The business has a fifty day moving average price of $304.08 and a 200-day moving average price of $286.80.

Chubb Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, December 12th. Chubb’s dividend payout ratio (DPR) is currently 16.19%.

Chubb Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.