Brown Financial Advisors Buys 43 Shares of Chubb Limited (NYSE:CB)

Brown Financial Advisors raised its position in Chubb Limited (NYSE:CB) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. 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 SEC.

A number of other hedge funds also recently modified their holdings of CB. Continuum Advisory LLC boosted its position in Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in shares of Chubb during the 3rd quarter valued at approximately $29,000. Raelipskie Partnership bought a new position in Chubb during the third quarter valued at $29,000. Sierra Ocean LLC purchased a new stake in Chubb in the 4th quarter valued at about $29,000. Finally, Truvestments Capital LLC purchased a new position in Chubb during the third quarter valued at approximately $30,000. Institutional investors own 83.81% of the company’s stock.

Chubb Trading Up 2.3 %

NYSE:CB opened at $273.45 on Tuesday. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25. The stock’s 50 day moving average price is $270.54 and its 200 day moving average price is $279.58. The company has a market capitalization of $110.23 billion, a P/E ratio of 12.04, a P/E/G ratio of 3.36 and a beta of 0.67.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, beating 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%. On average, research analysts forecast that Chubb Limited will post 21.52 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. JMP Securities restated a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a research note on Wednesday, January 29th. Evercore ISI lifted their price objective on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. Keefe, Bruyette & Woods lifted their target price on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Finally, Barclays reduced their price target on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $295.73.

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.