Brown Financial Advisors Boosts Stock Holdings in Chubb Limited (NYSE:CB)

Brown Financial Advisors grew its holdings in Chubb Limited (NYSE:CB) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,677 shares of the financial services provider’s stock after buying an additional 43 shares during the period. Brown Financial Advisors’ holdings in Chubb were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in Chubb by 7.3% in the third quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock valued at $4,492,103,000 after buying an additional 1,052,999 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Chubb by 49.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider’s stock valued at $338,070,000 after acquiring an additional 389,343 shares during the last quarter. Barclays PLC raised its stake in Chubb by 28.1% during the 3rd quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock worth $511,226,000 after acquiring an additional 388,746 shares in the last quarter. World Investment Advisors LLC lifted its stake in Chubb by 8,398.0% in the third quarter. World Investment Advisors LLC now owns 274,740 shares of the financial services provider’s stock valued at $79,232,000 after buying an additional 271,507 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Chubb by 259.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 321,094 shares of the financial services provider’s stock valued at $89,005,000 after buying an additional 231,791 shares during the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Wall Street Analyst Weigh In

CB has been the subject of several recent analyst reports. Barclays reduced their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Evercore ISI increased their target price on shares of Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Wells Fargo & Company cut their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities restated a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Two 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $295.73.

Chubb Stock Up 2.3 %

NYSE:CB opened at $273.45 on Tuesday. The stock has a 50-day moving average price of $270.54 and a two-hundred day moving average price of $279.58. Chubb Limited has a 1 year low of $238.85 and a 1 year high of $302.05. The stock has a market cap of $110.23 billion, a price-to-earnings ratio of 12.04, a PEG ratio of 3.36 and a beta of 0.67. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last announced its quarterly earnings results 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 return on equity of 13.75% and a net margin of 16.63%. As a group, equities analysts expect that Chubb Limited will post 21.52 earnings per share for the current year.

About Chubb

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.