Do Institutional Investors Love Chubb Corp (NYSE:CB)?

September 30, 2018 - By Pearl Odom

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Sentiment for Chubb Corp (NYSE:CB)

Chubb Corp (NYSE:CB) institutional sentiment increased to 0.71 in 2018 Q2. Its up 0.15, from 0.56 in 2018Q1. The ratio is better, as 5 hedge funds increased or started new positions, while 7 reduced and sold their stakes in Chubb Corp. The hedge funds in our partner’s database now have: 277,939 shares, down from 300,728 shares in 2018Q1. Also, the number of hedge funds holding Chubb Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 5 Increased: 2 New Position: 3.

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company has market cap of $61.91 billion. The companyÂ’s North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workersÂ’ compensation, package policies, and risk management; and professional lines, marine and construction risk, environmental and cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. It has a 16.35 P/E ratio. The Company’s North America Personal P&C Insurance segment offers affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services in the United States and Canada.

The stock increased 0.20% or $0.27 during the last trading session, reaching $133.64. About 1.19 million shares traded. Chubb Limited (NYSE:CB) has declined 8.40% since September 30, 2017 and is downtrending. It has underperformed by 24.02% the S&P500.

Analysts await Chubb Limited (NYSE:CB) to report earnings on October, 25. They expect $2.66 earnings per share, up 2,146.15 % or $2.79 from last year’s $-0.13 per share. CB’s profit will be $1.23 billion for 12.56 P/E if the $2.66 EPS becomes a reality. After $2.68 actual earnings per share reported by Chubb Limited for the previous quarter, Wall Street now forecasts -0.75 % negative EPS growth.

Connors Investor Services Inc holds 1.26% of its portfolio in Chubb Limited for 70,517 shares. Benedict Financial Advisors Inc owns 16,978 shares or 1.07% of their US portfolio. Moreover, Penobscot Investment Management Company Inc. has 0.95% invested in the company for 32,021 shares. The New York-based Hudson Valley Investment Advisors Inc Adv has invested 0.5% in the stock. Fruth Investment Management, a Texas-based fund reported 7,378 shares.

Chubb Limited (NYSE:CB) Ratings Coverage

Ratings analysis reveals 44% of Chubb’s analysts are positive. Out of 9 Wall Street analysts rating Chubb, 4 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $126 while the high is $170. The stock’s average target of $156.43 is 17.05% above today’s ($133.64) share price. CB was included in 13 notes of analysts from April 6, 2018. The stock has “Sell” rating by Deutsche Bank on Tuesday, August 14. The firm earned “Buy” rating on Tuesday, April 10 by Citigroup. As per Thursday, July 12, the company rating was maintained by Citigroup. The stock of Chubb Limited (NYSE:CB) has “Buy” rating given on Monday, July 30 by Citigroup. RBC Capital Markets maintained Chubb Limited (NYSE:CB) rating on Wednesday, April 4. RBC Capital Markets has “Buy” rating and $16500 target. The rating was upgraded by Atlantic Securities to “Neutral” on Wednesday, June 27. The firm earned “Buy” rating on Tuesday, May 1 by Citigroup. The rating was maintained by Barclays Capital with “Overweight” on Monday, July 9. The stock of Chubb Limited (NYSE:CB) has “Buy” rating given on Wednesday, April 25 by RBC Capital Markets. The firm has “Neutral” rating by Goldman Sachs given on Monday, June 18.

Another recent and important Chubb Limited (NYSE:CB) news was published by Seekingalpha.com which published an article titled: “Ferrari Is A Strong Company – Cramer’s Lightning Round (9/27/18)” on September 28, 2018.

Chubb Limited (NYSE:CB) Ratings Chart

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