Financial Architects Inc lifted its position in shares of Chubb Ltd (NYSE:CB) by 51.8% during the 1st quarter, HoldingsChannel reports. The firm owned 2,242 shares of the financial services provider’s stock after acquiring an additional 765 shares during the period. Financial Architects Inc’s holdings in Chubb were worth $250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CB. AE Wealth Management LLC raised its stake in Chubb by 15.2% during the fourth quarter. AE Wealth Management LLC now owns 4,878 shares of the financial services provider’s stock valued at $759,000 after buying an additional 644 shares during the last quarter. Wedbush Securities Inc. raised its stake in Chubb by 3.6% during the fourth quarter. Wedbush Securities Inc. now owns 7,161 shares of the financial services provider’s stock valued at $1,115,000 after buying an additional 250 shares during the last quarter. OLD National Bancorp IN raised its stake in Chubb by 0.7% during the fourth quarter. OLD National Bancorp IN now owns 12,652 shares of the financial services provider’s stock valued at $1,969,000 after buying an additional 90 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Chubb by 4.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 164,511 shares of the financial services provider’s stock valued at $25,608,000 after buying an additional 6,597 shares during the last quarter. Finally, Mcrae Capital Management Inc. raised its stake in Chubb by 7.2% during the fourth quarter. Mcrae Capital Management Inc. now owns 5,980 shares of the financial services provider’s stock valued at $931,000 after buying an additional 400 shares during the last quarter. Institutional investors own 88.77% of the company’s stock.

NYSE CB traded up $0.64 on Friday, reaching $99.49. The stock had a trading volume of 5,507,984 shares, compared to its average volume of 2,723,290. The firm has a market capitalization of $45.85 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.02 and a beta of 0.68. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.26. Chubb Ltd has a 12-month low of $87.35 and a 12-month high of $167.74. The stock has a fifty day moving average price of $108.39 and a two-hundred day moving average price of $139.38.

Chubb (NYSE:CB) last posted its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.68 earnings per share for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.01). Chubb had a return on equity of 8.69% and a net margin of 10.21%. The company had revenue of $7.33 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same period in the prior year, the company posted $2.54 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year. Sell-side analysts forecast that Chubb Ltd will post 9.96 earnings per share for the current fiscal year.

A number of brokerages have issued reports on CB. Deutsche Bank upgraded Chubb from a “sell” rating to a “hold” rating and lowered their price objective for the company from $140.00 to $138.00 in a research note on Sunday, April 19th. Citigroup started coverage on Chubb in a research note on Tuesday, January 21st. They issued a “neutral” rating and a $154.00 price target for the company. Royal Bank of Canada reduced their price objective on Chubb from $178.00 to $154.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. MKM Partners cut their price target on Chubb from $170.00 to $145.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, Atlantic Securities raised Chubb from an “underweight” rating to a “neutral” rating and set a $130.00 price objective for the company in a research note on Tuesday, March 24th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. Chubb presently has a consensus rating of “Hold” and a consensus price target of $149.19.

In other news, Director Robert W. Scully bought 9,750 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $102.40 per share, for a total transaction of $998,400.00. Following the completion of the purchase, the director now owns 20,723 shares in the company, valued at approximately $2,122,035.20. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Theodore Shasta bought 2,000 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were purchased at an average price of $99.74 per share, with a total value of $199,480.00. Following the purchase, the director now owns 16,375 shares of the company’s stock, valued at approximately $1,633,242.50. The disclosure for this purchase can be found here. 0.37% of the stock is currently owned by corporate insiders.

About Chubb

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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