Chubb Limited (NYSE:CB) Shares Sold by Shayne & Jacobs LLC

Shayne & Jacobs LLC decreased its stake in Chubb Limited (NYSE:CB) by 6.9% in the 4th quarter, Holdings Channel reports. The firm owned 5,393 shares of the financial services provider’s stock after selling 400 shares during the quarter. Shayne & Jacobs LLC’s holdings in Chubb were worth $1,490,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CB. FMR LLC boosted its stake in shares of Chubb by 7.3% in the third quarter. FMR LLC now owns 15,576,485 shares of the financial services provider’s stock valued at $4,492,103,000 after purchasing an additional 1,052,999 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its stake in Chubb by 49.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,172,267 shares of the financial services provider’s stock valued at $338,070,000 after purchasing an additional 389,343 shares during the last quarter. Barclays PLC boosted its holdings in shares of Chubb by 28.1% in the third quarter. Barclays PLC now owns 1,772,688 shares of the financial services provider’s stock worth $511,226,000 after buying an additional 388,746 shares during the period. World Investment Advisors LLC grew its position in Chubb by 8,398.0% during the third quarter. World Investment Advisors LLC now owns 274,740 shares of the financial services provider’s stock valued at $79,232,000 after purchasing an additional 271,507 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Chubb by 259.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 321,094 shares of the financial services provider’s stock valued at $89,005,000 after acquiring an additional 231,791 shares in the last quarter. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Trading Up 1.6 %

NYSE:CB opened at $277.72 on Wednesday. Chubb Limited has a 12 month low of $238.85 and a 12 month high of $302.05. The company has a 50 day simple moving average of $270.56 and a two-hundred day simple moving average of $279.64. The company has a current ratio of 0.25, a quick ratio of 0.28 and a debt-to-equity ratio of 0.21. The company has a market cap of $111.95 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 3.36 and a beta of 0.67.

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

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their target price on shares of Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Morgan Stanley raised their price target on Chubb from $295.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Keefe, Bruyette & Woods increased their target price on Chubb from $328.00 to $329.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. JMP Securities restated a “market outperform” rating and set a $325.00 price objective on shares of Chubb in a research note on Wednesday, January 29th. Finally, Evercore ISI lifted their target price on Chubb from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Two investment 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target 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.