1,617 Shares in Chubb Limited $CB Acquired by Eurizon SLJ Capital Ltd

Eurizon SLJ Capital Ltd purchased a new position in Chubb Limited (NYSE:CB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,617 shares of the financial services provider’s stock, valued at approximately $505,000.

Other hedge funds also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC raised its holdings in shares of Chubb by 148.5% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 49 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Chubb in the 3rd quarter worth approximately $31,000. Laurel Wealth Advisors LLC bought a new stake in shares of Chubb in the 4th quarter worth approximately $31,000. Ares Financial Consulting LLC bought a new stake in shares of Chubb in the 4th quarter worth approximately $32,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Chubb by 81.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 53 shares during the period. Institutional investors own 83.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CB. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $315.00 price target on shares of Chubb in a report on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price target on shares of Chubb from $330.00 to $340.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. The Goldman Sachs Group boosted their target price on shares of Chubb from $368.00 to $372.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. UBS Group reissued a “neutral” rating and set a $340.00 target price on shares of Chubb in a report on Monday, February 9th. Finally, HSBC boosted their target price on shares of Chubb from $362.00 to $370.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Chubb presently has a consensus rating of “Moderate Buy” and an average target price of $349.90.

Chubb Trading Down 1.5%

Shares of CB stock opened at $311.54 on Friday. The company’s fifty day simple moving average is $325.57 and its two-hundred day simple moving average is $317.11. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.28 and a quick ratio of 0.28. Chubb Limited has a 1 year low of $264.10 and a 1 year high of $345.67. The stock has a market capitalization of $120.84 billion, a price-to-earnings ratio of 11.00, a PEG ratio of 1.62 and a beta of 0.43.

Chubb (NYSE:CB) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. Chubb had a net margin of 18.58% and a return on equity of 14.30%. The business had revenue of $14.93 billion for the quarter. As a group, analysts anticipate that Chubb Limited will post 26.8 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO John W. Keogh sold 23,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $321.51, for a total transaction of $7,394,730.00. Following the completion of the transaction, the chief operating officer directly owned 203,322 shares in the company, valued at $65,370,056.22. The trade was a 10.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Olivier Steimer sold 2,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $329.30, for a total transaction of $658,600.00. Following the transaction, the director owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.37% of the stock is owned by insiders.

Chubb Company Profile

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.