Sargent Investment Group LLC Boosts Holdings in Chubb Limited (NYSE:CB)

Sargent Investment Group LLC increased its holdings in Chubb Limited (NYSE:CB) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,204 shares of the financial services provider’s stock after purchasing an additional 58 shares during the period. Sargent Investment Group LLC’s holdings in Chubb were worth $315,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC lifted its holdings in Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares in the last quarter. Kozak & Associates Inc. purchased a new position in Chubb in the 3rd quarter worth approximately $29,000. Gordian Capital Singapore Pte Ltd purchased a new position in Chubb in the 3rd quarter worth approximately $29,000. Raelipskie Partnership purchased a new position in Chubb in the 3rd quarter worth approximately $29,000. Finally, Truvestments Capital LLC purchased a new position in Chubb in the 3rd quarter worth approximately $30,000. 83.81% of the stock is owned by hedge funds and other institutional investors.

Chubb Stock Performance

Shares of Chubb stock opened at $272.73 on Thursday. The stock’s fifty day moving average is $274.59 and its two-hundred day moving average is $279.59. The company has a market capitalization of $109.94 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 3.35 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05.

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 return on equity of 13.75% and a net margin of 16.63%. As a group, analysts expect that Chubb Limited will post 21.91 earnings per share for the current year.

Chubb Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 1.33%. The ex-dividend date was Friday, December 13th. Chubb’s dividend payout ratio (DPR) is presently 16.02%.

Analyst Ratings Changes

Several brokerages have recently issued reports on CB. Wells Fargo & Company decreased their price objective on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Barclays decreased their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Jefferies Financial Group upped their price objective on Chubb from $294.00 to $295.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Evercore ISI upped their price objective on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods upped their price objective on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $295.73.

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.