CWS Financial Advisors LLC purchased a new position in shares of Chubb Limited (NYSE:CB – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 901 shares of the financial services provider’s stock, valued at approximately $249,000.
A number of other institutional investors also recently bought and sold shares of CB. FMR LLC lifted its holdings in 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 buying an additional 1,052,999 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Chubb by 49.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider’s stock worth $338,070,000 after buying an additional 389,343 shares during the last quarter. Barclays PLC lifted its holdings 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 buying an additional 388,746 shares during the last quarter. World Investment Advisors LLC lifted its holdings 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 buying an additional 271,507 shares during the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Chubb by 259.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 321,094 shares of the financial services provider’s stock worth $89,005,000 after buying an additional 231,791 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.
Chubb Stock Performance
Shares of CB stock opened at $273.45 on Tuesday. The stock has a market capitalization of $110.23 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 3.36 and a beta of 0.67. Chubb Limited has a 52-week low of $238.85 and a 52-week high of $302.05. 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 quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21.
Wall Street Analyst Weigh In
A number of analysts have issued reports on CB shares. Wells Fargo & Company decreased their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Morgan Stanley lifted their target price on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Barclays cut their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research report on Monday, January 6th. Keefe, Bruyette & Woods lifted their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $320.00 target price on shares of Chubb in a research report on Thursday, January 30th. 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 company’s stock. According to data from MarketBeat, Chubb presently has an average rating of “Hold” and an average target price of $295.73.
Check Out Our Latest Stock Report on Chubb
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.
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