Sigma Planning Corp Has $1.28 Million Holdings in Chubb Limited (NYSE:CB)

Sigma Planning Corp trimmed its holdings in Chubb Limited (NYSE:CB) by 17.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,628 shares of the financial services provider’s stock after selling 947 shares during the period. Sigma Planning Corp’s holdings in Chubb were worth $1,279,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC grew its position in shares of Chubb by 7.3% during the 3rd quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock worth $4,492,103,000 after purchasing an additional 1,052,999 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Chubb by 49.7% in the third 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 buying an additional 389,343 shares during the period. Barclays PLC grew its position in Chubb by 28.1% during the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock worth $511,226,000 after buying an additional 388,746 shares in the last quarter. World Investment Advisors LLC increased its stake in Chubb by 8,398.0% during the 3rd quarter. World Investment Advisors LLC now owns 274,740 shares of the financial services provider’s stock worth $79,232,000 after acquiring an additional 271,507 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in Chubb by 259.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 321,094 shares of the financial services provider’s stock valued at $89,005,000 after acquiring an additional 231,791 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Chubb Stock Performance

Shares of CB stock 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. Chubb Limited has a one year low of $238.85 and a one year high of $302.05. The business’s 50 day simple moving average is $270.54 and its 200 day simple moving average is $279.58. The stock has a market capitalization of $110.23 billion, a PE ratio of 12.04, a PEG ratio of 3.36 and a beta of 0.67.

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

Analyst Ratings Changes

A number of research firms recently commented on CB. Wells Fargo & Company dropped their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. increased their price target on shares of Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Morgan Stanley lifted their price objective on shares of Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods upped their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, JMP Securities reiterated a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a research note on Wednesday, January 29th. Two equities 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 company. Based on data from MarketBeat, the company 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.