Chubb Limited (NYSE:CB) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC decreased its holdings in Chubb Limited (NYSE:CB) by 4.5% during the 4th quarter, HoldingsChannel reports. The fund owned 21,871 shares of the financial services provider’s stock after selling 1,019 shares during the quarter. Kintegral Advisory LLC’s holdings in Chubb were worth $6,064,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Continuum Advisory LLC raised its stake in Chubb by 56.5% during the third quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after buying an additional 35 shares in the last quarter. Gordian Capital Singapore Pte Ltd acquired a new stake in Chubb during the third quarter valued at approximately $29,000. Raelipskie Partnership acquired a new stake in Chubb during the third quarter valued at approximately $29,000. Sierra Ocean LLC acquired a new stake in Chubb during the fourth quarter valued at approximately $29,000. Finally, Truvestments Capital LLC acquired a new stake in Chubb during the third quarter valued at approximately $30,000. Institutional investors and hedge funds own 83.81% of the company’s stock.

Chubb Stock Performance

CB stock opened at $267.19 on Friday. The company has a market capitalization of $107.70 billion, a P/E ratio of 11.76, a PEG ratio of 3.35 and a beta of 0.67. The company has a 50-day simple moving average of $270.59 and a 200 day simple moving average of $279.36. Chubb Limited has a fifty-two week low of $238.85 and a fifty-two week high of $302.05. The company has a quick ratio of 0.28, a current ratio of 0.25 and a debt-to-equity ratio of 0.21.

Chubb (NYSE:CB) last posted its quarterly earnings data 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%. Sell-side analysts predict that Chubb Limited will post 21.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CB shares. Evercore ISI upped their price objective on Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. upped their price objective on Chubb from $296.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Wells Fargo & Company dropped their price target on Chubb from $268.00 to $264.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. JMP Securities reiterated a “market outperform” rating and set a $325.00 price target on shares of Chubb in a research report on Wednesday, January 29th. Finally, Morgan Stanley increased 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. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $295.73.

Chubb Company 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.