Rowlandmiller & PARTNERS.ADV Raises Stock Position in Chubb Limited (NYSE:CB)

Rowlandmiller & PARTNERS.ADV lifted its position in Chubb Limited (NYSE:CB) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,276 shares of the financial services provider’s stock after purchasing an additional 178 shares during the period. Chubb accounts for about 2.2% of Rowlandmiller & PARTNERS.ADV’s investment portfolio, making the stock its 11th biggest position. Rowlandmiller & PARTNERS.ADV’s holdings in Chubb were worth $10,299,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Continuum Advisory LLC raised its holdings in shares of Chubb by 56.5% in the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in Chubb during the 3rd quarter worth about $29,000. Raelipskie Partnership purchased a new position in Chubb during the 3rd quarter valued at about $29,000. Sierra Ocean LLC purchased a new stake in shares of Chubb in the 4th quarter worth approximately $29,000. Finally, Truvestments Capital LLC bought a new position in shares of Chubb during the third quarter valued at approximately $30,000. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Chubb Stock Down 0.1 %

NYSE:CB opened at $267.19 on Monday. The company’s 50 day moving average is $270.59 and its two-hundred day moving average is $279.55. The company has a market cap of $107.70 billion, a PE ratio of 11.76, a P/E/G ratio of 3.36 and a beta of 0.67. Chubb Limited has a twelve month low of $238.85 and a twelve month high of $302.05. 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 (NYSE:CB) last announced its quarterly earnings data 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 net margin of 16.63% and a return on equity of 13.75%. Analysts anticipate that Chubb Limited will post 21.52 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. boosted their price target on Chubb from $296.00 to $300.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. JMP Securities reaffirmed a “market outperform” rating and set a $325.00 price objective on shares of Chubb in a research report on Wednesday, January 29th. Barclays cut their target price on Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a research note on Monday, January 6th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Chubb from $328.00 to $329.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $295.73.

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.