Chubb Limited (NYSE:CB) Shares Bought by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV boosted its stake in shares of Chubb Limited (NYSE:CB) by 0.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 37,276 shares of the financial services provider’s stock after purchasing an additional 178 shares during the quarter. Chubb comprises approximately 2.2% of Rowlandmiller & PARTNERS.ADV’s holdings, 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 quarter.

Other institutional investors have also modified their holdings of the company. Continuum Advisory LLC boosted its stake 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 worth $28,000 after buying an additional 35 shares during the last quarter. Gordian Capital Singapore Pte Ltd purchased a new position in Chubb during the third quarter valued at approximately $29,000. Raelipskie Partnership acquired a new position in Chubb in the third quarter valued at approximately $29,000. Sierra Ocean LLC purchased a new stake in Chubb in the 4th quarter worth approximately $29,000. Finally, Truvestments Capital LLC acquired a new stake in shares of Chubb during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Chubb Trading Down 0.1 %

Shares of CB stock opened at $267.19 on Monday. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The firm has a market capitalization of $107.70 billion, a P/E ratio of 11.76, a PEG ratio of 3.36 and a beta of 0.67. The stock’s fifty day moving average is $270.59 and its two-hundred day moving average is $279.55. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.28 and a current ratio of 0.25.

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

Wall Street Analyst Weigh In

Several research firms recently issued reports on CB. Barclays decreased their target price 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. Keefe, Bruyette & Woods upped 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. Morgan Stanley increased their target price 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. Royal Bank of Canada restated an “outperform” rating and issued a $320.00 price target on shares of Chubb in a research note on Thursday, January 30th. Finally, Wells Fargo & Company reduced their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.