Bradley Foster & Sargent Inc. CT Trims Stock Position in Chubb Limited (NYSE:CB)

Bradley Foster & Sargent Inc. CT lowered its position in shares of Chubb Limited (NYSE:CB) by 0.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,136 shares of the financial services provider’s stock after selling 45 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Chubb were worth $26,839,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Continuum Advisory LLC increased its position in Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 35 shares during the period. Gordian Capital Singapore Pte Ltd acquired a new position in shares of Chubb in the 3rd quarter valued at $29,000. Raelipskie Partnership purchased a new stake in Chubb in the 3rd quarter valued at $29,000. Sierra Ocean LLC acquired a new stake in Chubb during the 4th quarter worth $29,000. Finally, Truvestments Capital LLC purchased a new position in Chubb during the 3rd quarter worth $30,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Stock Up 0.5 %

Shares of CB opened at $267.69 on Friday. The firm has a market cap of $107.90 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 3.35 and a beta of 0.67. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average is $270.77 and its two-hundred day moving average is $279.37. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05.

Chubb (NYSE:CB) last issued its earnings results 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%. Analysts forecast that Chubb Limited will post 21.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CB. Morgan Stanley raised their price target on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. lifted their price objective on Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 price target on shares of Chubb in a research note on Wednesday, January 29th. Wells Fargo & Company lowered their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Finally, Barclays dropped their target price on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price 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.