Hantz Financial Services Inc. Has $136,000 Holdings in Chubb Limited $CB

Hantz Financial Services Inc. lifted its holdings in shares of Chubb Limited (NYSE:CB) by 68.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 468 shares of the financial services provider’s stock after purchasing an additional 190 shares during the period. Hantz Financial Services Inc.’s holdings in Chubb were worth $136,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. IMA Advisory Services Inc. acquired a new position in shares of Chubb during the first quarter worth $31,000. 1248 Management LLC acquired a new position in shares of Chubb during the first quarter worth $31,000. WPG Advisers LLC acquired a new position in shares of Chubb during the first quarter worth $33,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Chubb by 391.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 118 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 94 shares during the period. Finally, Maseco LLP acquired a new position in shares of Chubb during the second quarter worth $35,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Trading Up 0.4%

CB opened at $278.03 on Tuesday. Chubb Limited has a 1-year low of $252.16 and a 1-year high of $306.91. The company has a current ratio of 0.27, a quick ratio of 0.28 and a debt-to-equity ratio of 0.20. The company has a market cap of $109.42 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 2.74 and a beta of 0.54. The company has a fifty day moving average price of $277.87 and a two-hundred day moving average price of $280.56.

Chubb (NYSE:CB) last posted its quarterly earnings results on Tuesday, October 21st. The financial services provider reported $7.49 earnings per share for the quarter, beating the consensus estimate of $5.51 by $1.98. Chubb had a net margin of 16.53% and a return on equity of 12.93%. The firm had revenue of $14.87 billion during the quarter, compared to the consensus estimate of $12.95 billion. During the same period in the previous year, the firm posted $5.72 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. Analysts predict that Chubb Limited will post 21.52 EPS for the current fiscal year.

Chubb Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Friday, September 12th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, September 12th. Chubb’s payout ratio is 16.19%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Chubb in a report on Wednesday, October 8th. Barclays lifted their target price on shares of Chubb from $298.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 8th. UBS Group lifted their target price on shares of Chubb from $292.00 to $298.00 and gave the stock a “neutral” rating in a research note on Monday, October 27th. HSBC lifted their target price on shares of Chubb from $302.00 to $304.00 in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Chubb from $321.00 to $327.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $307.79.

Insiders Place Their Bets

In other Chubb news, insider John J. Lupica sold 23,698 shares of Chubb stock in a transaction on Monday, October 27th. The shares were sold at an average price of $281.00, for a total value of $6,659,138.00. Following the completion of the sale, the insider directly owned 90,600 shares of the company’s stock, valued at approximately $25,458,600. The trade was a 20.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.77% of the company’s stock.

Chubb Company 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.