Chubb Limited (NYSE:CB) Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. reduced its position in Chubb Limited (NYSE:CB) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 955 shares of the financial services provider’s stock after selling 86 shares during the quarter. FDx Advisors Inc.’s holdings in Chubb were worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CB. Continuum Advisory LLC raised its holdings in shares of Chubb by 56.5% in the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 35 shares during the period. Gordian Capital Singapore Pte Ltd acquired a new stake in Chubb during the 3rd quarter worth approximately $29,000. Raelipskie Partnership purchased a new position in Chubb in the third quarter valued at 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 Down 0.1 %

Shares of NYSE:CB opened at $267.19 on Friday. The firm has a market cap of $107.70 billion, a PE ratio of 11.76, 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 $270.59 and a 200 day simple moving average of $279.36. 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.

Chubb (NYSE:CB) last released its earnings results on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share for the quarter, topping the consensus estimate of $5.33 by $0.69. Chubb had a net margin of 16.63% and a return on equity of 13.75%. On average, equities research analysts anticipate that Chubb Limited will post 21.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $320.00 price objective on shares of Chubb in a research report on Thursday, January 30th. JPMorgan Chase & Co. increased their price target on Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Barclays reduced their price objective on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. JMP Securities reiterated a “market outperform” rating and issued a $325.00 target price on shares of Chubb in a research note on Wednesday, January 29th. 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 analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $295.73.

Chubb 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.