Chubb Limited (NYSE:CB) Shares Purchased by Colonial River Investments LLC

Colonial River Investments LLC raised its holdings in Chubb Limited (NYSE:CB) by 24.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,093 shares of the financial services provider’s stock after purchasing an additional 216 shares during the quarter. Colonial River Investments LLC’s holdings in Chubb were worth $302,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Ironwood Investment Counsel LLC increased its stake in shares of Chubb by 2.1% during the third quarter. Ironwood Investment Counsel LLC now owns 1,721 shares of the financial services provider’s stock worth $496,000 after acquiring an additional 35 shares during the period. Continuum Advisory LLC increased its stake in shares of Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 35 shares during the period. First Financial Bank Trust Division increased its stake in shares of Chubb by 3.7% during the fourth quarter. First Financial Bank Trust Division now owns 1,026 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 37 shares during the period. Rede Wealth LLC increased its stake in shares of Chubb by 2.0% during the fourth quarter. Rede Wealth LLC now owns 1,900 shares of the financial services provider’s stock worth $525,000 after acquiring an additional 37 shares during the period. Finally, Mitchell Mcleod Pugh & Williams Inc. increased its stake in shares of Chubb by 1.1% during the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 3,706 shares of the financial services provider’s stock worth $1,069,000 after acquiring an additional 40 shares during the period. 83.81% of the stock is currently owned by institutional investors and hedge funds.

Chubb Stock Up 2.3 %

Shares of NYSE CB opened at $273.45 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. The company has a market capitalization of $110.23 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 3.36 and a beta of 0.67. The firm’s 50-day moving average is $270.54 and its two-hundred day moving average is $279.58. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05.

Chubb (NYSE:CB) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. Equities analysts anticipate that Chubb Limited will post 21.52 EPS for the current fiscal year.

Analysts Set New Price Targets

CB has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an “outperform” rating and set a $320.00 price objective on shares of Chubb in a report on Thursday, January 30th. Morgan Stanley boosted their price objective on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Keefe, Bruyette & Woods boosted their price objective on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Evercore ISI boosted their price objective on shares of Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, JMP Securities reissued a “market outperform” rating and set a $325.00 price objective on shares of Chubb in a report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Chubb has a consensus rating of “Hold” and an average target price 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.