Advisor OS LLC Acquires 1,371 Shares of Chubb Limited (NYSE:CB)

Advisor OS LLC raised its stake in shares of Chubb Limited (NYSE:CB) by 187.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,103 shares of the financial services provider’s stock after purchasing an additional 1,371 shares during the period. Advisor OS LLC’s holdings in Chubb were worth $581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CB. Continuum Advisory LLC boosted its stake 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 valued at $28,000 after purchasing an additional 35 shares during the last quarter. Gordian Capital Singapore Pte Ltd bought a new position in Chubb during the third quarter worth $29,000. Raelipskie Partnership acquired a new position in Chubb in the third quarter valued at $29,000. Sierra Ocean LLC bought a new stake in Chubb during the fourth quarter valued at $29,000. Finally, Truvestments Capital LLC acquired a new stake in Chubb during the 3rd quarter worth about $30,000. 83.81% of the stock is owned by institutional investors and hedge funds.

Chubb Trading Down 1.4 %

CB opened at $273.47 on Thursday. The firm has a market capitalization of $110.24 billion, a PE ratio of 12.04, a P/E/G ratio of 3.36 and a beta of 0.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The company’s 50-day moving average is $270.60 and its 200 day moving average is $279.59.

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

Analysts Set New Price Targets

CB has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price objective on Chubb from $295.00 to $300.00 and gave the company 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 company a “neutral” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods raised their price objective on shares of Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Barclays lowered their price objective on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating for the company in a research note on Monday, January 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $320.00 target price on shares of Chubb in a research note on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Chubb has an average rating of “Hold” and an average price target of $295.73.

About Chubb

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.