Fjarde AP Fonden Fourth Swedish National Pension Fund Grows Stock Position in Chubb Limited (NYSE:CB)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Chubb Limited (NYSE:CB - Free Report) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,164 shares of the financial services provider's stock after acquiring an additional 2,900 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Chubb were worth $29,333,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Delta Financial Group Inc. lifted its stake in shares of Chubb by 8.7% during the 4th quarter. Delta Financial Group Inc. now owns 1,405 shares of the financial services provider's stock worth $388,000 after acquiring an additional 112 shares during the last quarter. MONECO Advisors LLC increased its stake in Chubb by 28.2% in the fourth quarter. MONECO Advisors LLC now owns 1,757 shares of the financial services provider's stock worth $486,000 after purchasing an additional 386 shares during the period. Lansing Street Advisors lifted its position in shares of Chubb by 68.7% during the fourth quarter. Lansing Street Advisors now owns 1,889 shares of the financial services provider's stock worth $522,000 after purchasing an additional 769 shares during the last quarter. Howard Capital Management Inc. purchased a new stake in shares of Chubb during the fourth quarter valued at $725,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of Chubb by 0.3% in the fourth quarter. First Horizon Advisors Inc. now owns 41,905 shares of the financial services provider's stock worth $11,579,000 after purchasing an additional 116 shares during the last quarter. 83.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Chubb from $296.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Wells Fargo & Company decreased their price target on shares of Chubb from $268.00 to $264.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Royal Bank of Canada reiterated an "outperform" rating and issued a $320.00 price target on shares of Chubb in a report on Thursday, January 30th. Morgan Stanley raised their price objective on Chubb from $295.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods upped their target price on Chubb from $328.00 to $329.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $295.73.

Chubb Stock Down 1.4 %

Chubb stock traded down $3.98 during trading hours on Wednesday, reaching $273.47. The stock had a trading volume of 1,250,418 shares, compared to its average volume of 1,686,141. The company has a market cap of $110.24 billion, a price-to-earnings ratio of 12.04, a PEG ratio of 3.36 and a beta of 0.67. The business's 50 day moving average price is $270.56 and its 200-day moving average price is $279.64. Chubb Limited has a 52 week low of $238.85 and a 52 week high of $302.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.28.

Chubb (NYSE:CB - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $6.02 earnings per share (EPS) 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%. Sell-side analysts anticipate that Chubb Limited will post 21.52 EPS for the current 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.