First Capital Advisors Group LLC. raised its stake in shares of Chubb Ltd (NYSE:CB) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,784 shares of the financial services provider’s stock after acquiring an additional 416 shares during the period. First Capital Advisors Group LLC.’s holdings in Chubb were worth $618,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc lifted its stake in Chubb by 1.1% during the 3rd quarter. Vanguard Group Inc now owns 37,280,448 shares of the financial services provider’s stock valued at $4,982,160,000 after acquiring an additional 417,887 shares in the last quarter. Ropes Wealth Advisors LLC lifted its stake in Chubb by 7.2% during the 3rd quarter. Ropes Wealth Advisors LLC now owns 18,758 shares of the financial services provider’s stock valued at $2,507,000 after acquiring an additional 1,261 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Chubb by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,737,036 shares of the financial services provider’s stock valued at $900,339,000 after acquiring an additional 63,629 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Chubb by 24.3% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 27,793 shares of the financial services provider’s stock valued at $3,714,000 after acquiring an additional 5,427 shares in the last quarter. Finally, QCI Asset Management Inc. NY lifted its stake in Chubb by 1.1% during the 4th quarter. QCI Asset Management Inc. NY now owns 105,293 shares of the financial services provider’s stock valued at $13,602,000 after acquiring an additional 1,119 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

In related news, Director Michael G. Atieh sold 1,200 shares of Chubb stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $133.27, for a total value of $159,924.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 1,242 shares of company stock valued at $165,544. 0.44% of the stock is currently owned by insiders.

Several equities analysts have weighed in on CB shares. Wells Fargo & Co restated a “buy” rating and set a $160.00 price objective on shares of Chubb in a research note on Monday, December 3rd. Zacks Investment Research lowered Chubb from a “hold” rating to a “sell” rating in a research report on Wednesday, January 16th. Deutsche Bank decreased their target price on Chubb from $123.00 to $121.00 and set a “sell” rating for the company in a research report on Monday, January 7th. Morgan Stanley decreased their target price on Chubb from $166.00 to $153.00 and set an “overweight” rating for the company in a research report on Wednesday, November 14th. Finally, Compass Point started coverage on Chubb in a research report on Tuesday, January 15th. They set a “buy” rating and a $165.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $154.60.

Shares of Chubb stock opened at $133.21 on Monday. Chubb Ltd has a 1 year low of $119.54 and a 1 year high of $148.10. The firm has a market cap of $61.38 billion, a PE ratio of 14.11, a price-to-earnings-growth ratio of 1.23 and a beta of 0.82. The company has a quick ratio of 0.31, a current ratio of 0.35 and a debt-to-equity ratio of 0.24.

Chubb (NYSE:CB) last announced its earnings results on Tuesday, February 5th. The financial services provider reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.09. Chubb had a return on equity of 8.66% and a net margin of 11.72%. The firm had revenue of $6.77 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same period last year, the firm posted $3.17 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. Equities analysts expect that Chubb Ltd will post 10.79 earnings per share for the current fiscal year.

Chubb announced that its Board of Directors has authorized a stock repurchase program on Thursday, November 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the financial services provider to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.

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Chubb Profile

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. Its North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers' compensation, package policies, and risk management; and professional lines, marine, construction, environmental, medical, cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda.

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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