Natixis Advisors LLC Purchases 8,041 Shares of Chubb Limited $CB

Natixis Advisors LLC raised its position in shares of Chubb Limited (NYSE:CB) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 758,580 shares of the financial services provider’s stock after acquiring an additional 8,041 shares during the quarter. Natixis Advisors LLC’s holdings in Chubb were worth $236,767,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. CBIZ Investment Advisory Services LLC boosted its position in shares of Chubb by 148.5% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 49 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Chubb during the 3rd quarter worth about $31,000. Laurel Wealth Advisors LLC bought a new position in shares of Chubb during the 4th quarter worth about $31,000. Ares Financial Consulting LLC bought a new position in shares of Chubb during the 4th quarter worth about $32,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Chubb by 81.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 118 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 53 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.

Insider Buying and Selling

In related news, COO John W. Keogh sold 23,000 shares of Chubb stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $321.51, for a total value of $7,394,730.00. Following the completion of the transaction, the chief operating officer directly owned 203,322 shares in the company, valued at approximately $65,370,056.22. The trade was a 10.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Olivier Steimer sold 2,000 shares of Chubb stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $329.30, for a total transaction of $658,600.00. Following the completion of the transaction, the director owned 25,468 shares of the company’s stock, valued at $8,386,612.40. This represents a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.37% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Wolfe Research increased their price objective on shares of Chubb from $372.00 to $373.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Keefe, Bruyette & Woods increased their price objective on shares of Chubb from $373.00 to $374.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Mizuho cut their price objective on shares of Chubb from $336.00 to $335.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. The Goldman Sachs Group raised their price target on shares of Chubb from $368.00 to $372.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, Raymond James Financial raised their price target on shares of Chubb from $340.00 to $380.00 and gave the company a “strong-buy” rating in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $349.90.

Chubb Price Performance

NYSE CB opened at $310.32 on Tuesday. Chubb Limited has a 52 week low of $264.10 and a 52 week high of $345.67. The company has a market cap of $120.36 billion, a PE ratio of 10.96, a price-to-earnings-growth ratio of 1.59 and a beta of 0.43. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $325.31 and its two-hundred day simple moving average is $317.44.

Chubb (NYSE:CB) last released its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $6.82 earnings per share for the quarter. Chubb had a net margin of 18.58% and a return on equity of 14.30%. The business had revenue of $14.93 billion during the quarter. Research analysts predict that Chubb Limited will post 26.8 earnings per share for the current year.

Chubb Company Profile

Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors.

In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures.