Advyzon Investment Management LLC bought a new stake in Chubb Limited (NYSE:CB – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,176 shares of the financial services provider’s stock, valued at approximately $325,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Continuum Advisory LLC increased its stake 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 acquiring an additional 35 shares during the last quarter. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Chubb during the 3rd quarter worth about $29,000. Raelipskie Partnership acquired a new stake in Chubb during the 3rd quarter worth approximately $29,000. Sierra Ocean LLC purchased a new position in Chubb in the fourth quarter valued at approximately $29,000. Finally, Truvestments Capital LLC acquired a new position in Chubb during the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 83.81% of the company’s stock.
Chubb Stock Up 0.5 %
Shares of NYSE: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 fifty day simple moving average of $270.77 and a 200 day simple moving average of $279.37. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. Chubb Limited has a 12-month low of $238.85 and a 12-month high of $302.05.
Wall Street Analysts Forecast Growth
CB has been the subject of several recent research reports. JMP Securities reissued a “market outperform” rating and issued a $325.00 price objective on shares of Chubb in a research report on Wednesday, January 29th. Barclays lowered their price target on Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a report on Monday, January 6th. JPMorgan Chase & Co. boosted their price objective on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 29th. Royal Bank of Canada reiterated an “outperform” rating and issued a $320.00 target price on shares of Chubb in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods raised their target price on Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $295.73.
Read Our Latest Research Report on CB
Chubb Company Profile
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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