Weil Company Inc. Purchases 52 Shares of Chubb Limited (NYSE:CB)

Weil Company Inc. lifted its position in shares of Chubb Limited (NYSE:CB) by 0.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,319 shares of the financial services provider’s stock after acquiring an additional 52 shares during the quarter. Chubb makes up 1.4% of Weil Company Inc.’s investment portfolio, making the stock its 21st largest position. Weil Company Inc.’s holdings in Chubb were worth $3,956,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC raised its holdings in Chubb by 56.5% during the 3rd quarter. Continuum Advisory LLC now owns 97 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 35 shares during the period. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Chubb in the third quarter valued at $29,000. Raelipskie Partnership bought a new stake in shares of Chubb during the 3rd quarter valued at $29,000. Sierra Ocean LLC purchased a new stake in Chubb during the 4th quarter worth about $29,000. Finally, Truvestments Capital LLC bought a new position in Chubb in the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CB shares. Morgan Stanley upped their price target on Chubb from $295.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 30th. Barclays decreased their target price on shares of Chubb from $349.00 to $324.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Evercore ISI raised their price target on shares of Chubb from $289.00 to $293.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. JMP Securities reaffirmed a “market outperform” rating and issued a $325.00 price target on shares of Chubb in a report on Wednesday, January 29th. Finally, Wells Fargo & Company dropped their price objective on Chubb from $268.00 to $264.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Two equities research 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.com, the stock currently has an average rating of “Hold” and a consensus target price of $295.73.

Chubb Stock Performance

Shares of NYSE CB opened at $277.72 on Wednesday. The stock has a market cap of $111.95 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 3.36 and a beta of 0.67. The stock’s 50-day moving average is $270.56 and its 200 day moving average is $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. Chubb Limited has a 1-year low of $238.85 and a 1-year high of $302.05.

Chubb (NYSE:CB) last announced 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 net margin of 16.63% and a return on equity of 13.75%. On average, sell-side analysts anticipate that Chubb Limited will post 21.52 EPS for the current fiscal year.

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.