Mn Services Vermogensbeheer B.V. Acquires 56,544 Shares of Chubb Limited $CB

Mn Services Vermogensbeheer B.V. raised its holdings in shares of Chubb Limited (NYSE:CB – Free Report) by 55.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,597 shares of the financial services provider’s stock after buying an additional 56,544 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Chubb were worth $51,584,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC lifted its stake in Chubb by 70.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 38,455 shares of the financial services provider’s stock worth $12,507,000 after purchasing an additional 15,886 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of Chubb by 69.9% in the third quarter. CoreCap Advisors LLC now owns 1,164 shares of the financial services provider’s stock valued at $379,000 after purchasing an additional 479 shares in the last quarter. Apella Capital LLC grew its position in shares of Chubb by 58.4% in the third quarter. Apella Capital LLC now owns 2,758 shares of the financial services provider’s stock valued at $923,000 after purchasing an additional 1,017 shares in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in shares of Chubb by 12.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,326 shares of the financial services provider’s stock valued at $757,000 after purchasing an additional 260 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in Chubb by 292.3% during the third quarter. Valeo Financial Advisors LLC now owns 14,322 shares of the financial services provider’s stock worth $4,658,000 after buying an additional 10,671 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Chubb

Here are the key news stories impacting Chubb this week:

  • Positive Sentiment: Positive analyst outlook: Cantor Fitzgerald raised its price target for Chubb from $330 to $333. Although the firm maintained a neutral rating, the higher target indicates modestly improved expectations for the insurer. Cantor Fitzgerald Issues Positive Forecast for Chubb
  • Positive Sentiment: Embedded-insurance opportunity: Chubb was included among insurers positioned to benefit as embedded insurance expands through partnerships and digital distribution channels. The trend could support premium growth and broaden customer access over time. 5 Insurers to Focus on as Embedded Insurance Gains Momentum
  • Positive Sentiment: Defensive investment profile: Commentary highlighting Chubb among insurance companies with durable dividend characteristics may be attracting income-oriented investors, particularly given the company’s historically strong profitability and underwriting position. Insurance Stocks Built to Keep Paying Dividends
  • Neutral Sentiment: Investor attention remains elevated: Zacks identified Chubb as a trending stock and discussed its investment prospects, but the article does not represent a clear change in the company’s fundamentals or an explicit bullish recommendation. Is Trending Stock Chubb a Buy Now
  • Neutral Sentiment: A market update noted Chubb’s approximately $129.7 billion market capitalization, providing valuation context but no new operating announcement. Chubb Stock and Market Capitalization Update
  • Negative Sentiment: Valuation caution: Mizuho lowered its price target from $347 to $336 and retained a neutral rating, implying downside from the current trading level. This may limit enthusiasm despite the stock’s recent strength.

Insider Activity at Chubb

In other Chubb news, EVP Joseph Wayland sold 8,502 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $364.54, for a total transaction of $3,099,319.08. Following the transaction, the executive vice president directly owned 33,749 shares in the company, valued at $12,302,860.46. This represents a 20.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael P. Connors sold 5,500 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $345.00, for a total value of $1,897,500.00. Following the transaction, the director owned 12,803 shares of the company’s stock, valued at approximately $4,417,035. This represents a 30.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.37% of the stock is currently owned by company insiders.

Chubb Trading Up 2.6%

NYSE CB opened at $343.56 on Friday. The firm’s 50-day moving average is $340.62 and its two-hundred day moving average is $335.40. Chubb Limited has a 12 month low of $265.30 and a 12 month high of $365.91. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.29 and a quick ratio of 0.29. The stock has a market capitalization of $132.54 billion, a P/E ratio of 12.15, a PEG ratio of 1.48 and a beta of 0.36.

Chubb (NYSE:CB – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $7.26 earnings per share for the quarter, beating analysts’ consensus estimates of $6.77 by $0.49. Chubb had a net margin of 18.10% and a return on equity of 14.47%. The business had revenue of $11.97 billion during the quarter, compared to analysts’ expectations of $15.07 billion. During the same period last year, the business earned $6.14 earnings per share. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, sell-side analysts anticipate that Chubb Limited will post 27.41 earnings per share for the current year.

Chubb Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 11th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.2%. Chubb’s dividend payout ratio (DPR) is presently 14.43%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CB. Keefe, Bruyette & Woods upped their target price on Chubb from $374.00 to $389.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. Cantor Fitzgerald boosted their price target on shares of Chubb from $330.00 to $333.00 and gave the company a “neutral” rating in a research report on Wednesday. Mizuho dropped their price objective on shares of Chubb from $347.00 to $336.00 and set a “neutral” rating for the company in a report on Wednesday. UBS Group upped their price objective on shares of Chubb from $340.00 to $369.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Finally, Evercore restated an “outperform” rating and set a $374.00 price objective on shares of Chubb in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $359.00.

Get Our Latest Analysis on Chubb

Chubb Company Profile

(Free Report)

Chubb Limited (NYSE: CB) is a global insurance company that provides property and casualty, accident and health, life, and reinsurance products and services. Its offerings serve individuals, businesses, multinational corporations, and institutional customers.

The company provides commercial and personal property and casualty coverage, including general liability, commercial property, professional liability, cyber insurance, workers’ compensation, homeowners insurance, automobile coverage, and specialty insurance.

See Also

Want to see what other hedge funds are holding CB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chubb Limited (NYSE:CB – Free Report).

Institutional Ownership by Quarter for Chubb (NYSE:CB)

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