Clear Trail Advisors LLC Buys Shares of 20,584 Chubb Limited $CB

Clear Trail Advisors LLC acquired a new stake in Chubb Limited (NYSE:CB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,584 shares of the financial services provider’s stock, valued at approximately $6,425,000. Chubb accounts for about 1.5% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors also recently bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. increased its stake in Chubb by 51.0% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 3,219 shares of the financial services provider’s stock worth $1,084,000 after purchasing an additional 1,087 shares during the period. SG Americas Securities LLC increased its stake in Chubb by 211.9% during the fourth quarter. SG Americas Securities LLC now owns 248,368 shares of the financial services provider’s stock worth $77,521,000 after purchasing an additional 168,742 shares during the period. Diversified Trust Co. lifted its position in shares of Chubb by 4.0% during the fourth quarter. Diversified Trust Co. now owns 59,835 shares of the financial services provider’s stock worth $18,676,000 after purchasing an additional 2,324 shares in the last quarter. Baker Tilly Wealth Management LLC acquired a new stake in shares of Chubb during the fourth quarter worth about $211,000. Finally, Fulton Bank N.A. boosted its stake in shares of Chubb by 4.1% in the fourth quarter. Fulton Bank N.A. now owns 2,335 shares of the financial services provider’s stock valued at $729,000 after purchasing an additional 92 shares during the period. 83.81% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Chubb

In other Chubb news, EVP Timothy Alan Boroughs sold 27,817 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $331.98, for a total value of $9,234,687.66. Following the completion of the transaction, the executive vice president owned 11,810 shares in the company, valued at approximately $3,920,683.80. This represents a 70.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Olivier Steimer sold 2,000 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $329.30, for a total transaction of $658,600.00. Following the transaction, the director directly owned 25,468 shares in the company, valued at approximately $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 44,877 shares of company stock worth $14,885,226. Company insiders own 0.86% of the company’s stock.

Chubb Price Performance

Shares of CB opened at $326.48 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.27 and a quick ratio of 0.27. Chubb Limited has a 1-year low of $264.10 and a 1-year high of $345.67. The stock has a market cap of $127.38 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 2.02 and a beta of 0.46. The firm has a fifty day moving average price of $321.64 and a 200 day moving average price of $301.90.

Chubb (NYSE:CB) last released its quarterly earnings results on Tuesday, February 3rd. The financial services provider reported $7.52 EPS for the quarter, topping the consensus estimate of $6.33 by $1.19. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $11.11 billion. Chubb had a return on equity of 13.15% and a net margin of 17.36%.The firm’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.02 earnings per share. As a group, sell-side analysts anticipate that Chubb Limited will post 21.52 EPS for the current year.

Chubb Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 13th will be given a dividend of $0.97 per share. The ex-dividend date is Friday, March 13th. This represents a $3.88 dividend on an annualized basis and a yield of 1.2%. Chubb’s dividend payout ratio is presently 15.08%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $366.00 price target on shares of Chubb in a research note on Thursday, February 5th. Wolfe Research increased their price objective on Chubb from $364.00 to $372.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. boosted their target price on Chubb from $327.00 to $330.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Raymond James Financial upped their price target on Chubb from $340.00 to $380.00 and gave the stock a “strong-buy” rating in a report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Chubb from $304.00 to $330.00 and gave the company a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $342.05.

About Chubb

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.