Chubb Limited $CB Stake Raised by Constant Guidance Financial LLC

Constant Guidance Financial LLC raised its stake in Chubb Limited (NYSE:CB) by 30.2% during the fourth quarter, HoldingsChannel reports. The fund owned 10,318 shares of the financial services provider’s stock after buying an additional 2,391 shares during the period. Chubb comprises approximately 2.2% of Constant Guidance Financial LLC’s holdings, making the stock its 10th largest position. Constant Guidance Financial LLC’s holdings in Chubb were worth $3,220,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC grew its stake in shares of Chubb by 148.5% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 49 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of Chubb in the fourth quarter worth $31,000. Ares Financial Consulting LLC purchased a new stake in shares of Chubb in the fourth quarter worth $32,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Chubb in the third quarter worth $31,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Chubb by 81.5% in the third quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 53 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Chubb Trading Down 1.5%

Shares of NYSE:CB opened at $320.63 on Thursday. The stock has a market capitalization of $124.36 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 1.66 and a beta of 0.43. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.28 and a current ratio of 0.28. The stock’s 50-day simple moving average is $326.20 and its two-hundred day simple moving average is $316.94. Chubb Limited has a 52-week low of $264.10 and a 52-week high of $345.67.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share (EPS) for the quarter. The business had revenue of $14.93 billion for the quarter. Chubb had a return on equity of 14.30% and a net margin of 18.58%. Analysts expect that Chubb Limited will post 26.79 EPS for the current year.

Insider Activity at Chubb

In other news, Director Olivier Steimer sold 2,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $329.30, for a total value of $658,600.00. Following the transaction, the director owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. UBS Group reissued a “neutral” rating and issued a $340.00 target price on shares of Chubb in a research note on Monday, February 9th. BMO Capital Markets increased their price objective on Chubb from $326.00 to $339.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Roth Mkm increased their price objective on Chubb from $330.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Wolfe Research increased their price objective on Chubb from $372.00 to $373.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Finally, Bank of America dropped their price objective on Chubb from $286.00 to $271.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Chubb has an average rating of “Moderate Buy” and an average price target of $349.90.

Chubb Company Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.