National Pension Service Has $225.08 Million Stock Position in Chubb Limited (NYSE:CB)

National Pension Service increased its position in shares of Chubb Limited (NYSE:CB) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 814,607 shares of the financial services provider’s stock after acquiring an additional 1,482 shares during the quarter. National Pension Service owned 0.20% of Chubb worth $225,076,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CB. Arkadios Wealth Advisors boosted its position in shares of Chubb by 58.1% in the third quarter. Arkadios Wealth Advisors now owns 2,658 shares of the financial services provider’s stock worth $766,000 after buying an additional 977 shares during the period. PFG Investments LLC grew its stake in Chubb by 3.9% during the 3rd quarter. PFG Investments LLC now owns 2,369 shares of the financial services provider’s stock valued at $683,000 after acquiring an additional 90 shares in the last quarter. Salomon & Ludwin LLC increased its holdings in shares of Chubb by 25.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 270 shares of the financial services provider’s stock valued at $78,000 after purchasing an additional 55 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Chubb in the third quarter worth approximately $222,000. Finally, Autumn Glory Partners LLC acquired a new stake in shares of Chubb during the third quarter worth approximately $288,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Price Performance

NYSE:CB opened at $277.72 on Wednesday. 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 stock has a market cap of $111.95 billion, a P/E ratio of 12.22, a PEG ratio of 3.36 and a beta of 0.67. The company has a fifty day moving average price of $270.56 and a 200 day moving average price of $279.64. Chubb Limited has a one year low of $238.85 and a one year high of $302.05.

Chubb (NYSE:CB) last released its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $0.69. Chubb had a return on equity of 13.75% and a net margin of 16.63%. Analysts anticipate that Chubb Limited will post 21.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CB shares. Barclays dropped their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Wells Fargo & Company reduced their target price on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Morgan Stanley raised their price target on shares of Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, October 30th. Evercore ISI upped 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, Keefe, Bruyette & Woods raised their target price on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Two 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $295.73.

Chubb Company 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.