Zevin Asset Management LLC boosted its position in shares of Chubb Ltd (NYSE:CB) by 4.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,750 shares of the financial services provider’s stock after purchasing an additional 1,128 shares during the period. Chubb comprises about 1.3% of Zevin Asset Management LLC’s investment portfolio, making the stock its 27th biggest position. Zevin Asset Management LLC’s holdings in Chubb were worth $4,157,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Larson Financial Group LLC acquired a new stake in Chubb during the 3rd quarter valued at approximately $26,000. JNBA Financial Advisors increased its holdings in Chubb by 223.2% in the 2nd quarter. JNBA Financial Advisors now owns 181 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 125 shares during the last quarter. Mcmillion Capital Management Inc. purchased a new stake in Chubb in the 2nd quarter worth about $27,000. Liberty Wealth Management LLC increased its holdings in Chubb by 176.5% in the 3rd quarter. Liberty Wealth Management LLC now owns 188 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 120 shares during the last quarter. Finally, Meridian Wealth Management LLC purchased a new stake in Chubb in the 2nd quarter worth about $28,000. 88.08% of the stock is owned by hedge funds and other institutional investors.

In other news, insider John J. Lupica sold 6,000 shares of the stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $158.15, for a total value of $948,900.00. Following the sale, the insider now directly owns 168,037 shares of the company’s stock, valued at $26,575,051.55. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Timothy Alan Boroughs sold 14,060 shares of the stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $151.28, for a total value of $2,126,996.80. Following the completion of the sale, the executive vice president now directly owns 185,375 shares in the company, valued at $28,043,530. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,560 shares of company stock worth $4,103,222. 0.47% of the stock is owned by insiders.

Several equities research analysts recently weighed in on the company. UBS Group lifted their price objective on Chubb from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Barclays set a $185.00 price objective on Chubb and gave the stock a “buy” rating in a report on Monday, August 12th. William Blair reissued an “underperform” rating on shares of Chubb in a report on Wednesday, October 30th. Credit Suisse Group raised Chubb from an “underperform” rating to an “outperform” rating and boosted their price objective for the stock from $145.00 to $165.00 in a report on Tuesday, November 5th. Finally, JMP Securities reissued an “outperform” rating on shares of Chubb in a report on Thursday, July 25th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Chubb currently has an average rating of “Hold” and an average target price of $158.73.

NYSE:CB traded down $1.41 during mid-day trading on Friday, reaching $151.51. The stock had a trading volume of 1,105,233 shares, compared to its average volume of 1,547,209. The firm has a 50 day moving average price of $154.82 and a two-hundred day moving average price of $151.49. The stock has a market capitalization of $67.45 billion, a P/E ratio of 16.05, a P/E/G ratio of 1.44 and a beta of 0.68. Chubb Ltd has a one year low of $119.54 and a one year high of $162.44. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.31 and a current ratio of 0.31.

Chubb (NYSE:CB) last released its earnings results on Tuesday, October 29th. The financial services provider reported $2.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.64 by $0.06. The company had revenue of $8.01 billion during the quarter, compared to the consensus estimate of $7.82 billion. Chubb had a return on equity of 8.60% and a net margin of 10.48%. Chubb’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.41 EPS. Research analysts forecast that Chubb Ltd will post 10.36 earnings per share for the current year.

Chubb Profile

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers' compensation, package policies, and risk management; professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda.

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Institutional Ownership by Quarter for Chubb (NYSE:CB)

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