Institutional Investors Are Dumping Chubb Corp (NYSE:CB)

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Sentiment for Chubb Corp (NYSE:CB)

Chubb Corp (NYSE:CB) institutional sentiment decreased to 0.25 in 2019 Q2. Its down -2.08, from 2.33 in 2019Q1. The ratio has dropped, as 2 active investment managers started new and increased holdings, while 8 cut down and sold equity positions in Chubb Corp. The active investment managers in our partner’s database reported: 276,299 shares, up from 264,476 shares in 2019Q1. Also, the number of active investment managers holding Chubb Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 7 Increased: 2 New Position: 0.

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company has market cap of $72.45 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 19.49 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 decreased 0.71% or $1.13 during the last trading session, reaching $158.97. About 1.75 million shares traded or 11.96% up from the average. Chubb Limited (NYSE:CB) has risen 9.29% since September 13, 2018 and is uptrending. It has outperformed by 9.29% the S&P500.

Analysts await Chubb Limited (NYSE:CB) to report earnings on October, 22. They expect $2.60 EPS, up 7.88 % or $0.19 from last year’s $2.41 per share. CB’s profit will be $1.18 billion for 15.29 P/E if the $2.60 EPS becomes a reality. After $2.60 actual EPS reported by Chubb Limited for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Connors Investor Services Inc holds 1.49% of its portfolio in Chubb Limited for 76,402 shares. Benedict Financial Advisors Inc owns 18,287 shares or 1.12% of their US portfolio. Moreover, Penobscot Investment Management Company Inc. has 0.53% invested in the company for 17,457 shares. The Texas-based Fruth Investment Management has invested 0.41% in the stock. Hudson Valley Investment Advisors Inc Adv, a New York-based fund reported 10,078 shares.

Chubb Limited (NYSE:CB) Ratings Coverage

Ratings analysis reveals 50% of Chubb’s analysts are positive. Out of 8 Wall Street analysts rating Chubb, 4 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $13500 while the high is $16700. The stock’s average target of $158.50 is -0.30% below today’s ($158.97) share price. CB was included in 16 notes of analysts from April 3, 2019. The rating was maintained by Raymond James on Friday, July 5 with “Outperform”. The firm has “Outperform” rating by Wells Fargo given on Thursday, July 11. The stock of Chubb Limited (NYSE:CB) earned “Equal-Weight” rating by Morgan Stanley on Thursday, August 15. The company was maintained on Monday, July 29 by UBS. The company was maintained on Wednesday, July 24 by JMP Securities. The firm has “Neutral” rating by UBS given on Wednesday, July 10. The stock has “Overweight” rating by Barclays Capital on Wednesday, May 22. The rating was downgraded by UBS to “Neutral” on Thursday, May 23. Compass Point downgraded it to “Neutral” rating and $15600 target in Wednesday, May 29 report. The stock of Chubb Limited (NYSE:CB) has “Equal-Weight” rating given on Friday, July 19 by Morgan Stanley.

More notable recent Chubb Limited (NYSE:CB) news were published by: Streetinsider.com which released: “Investing green is all the rage, but benchmarks still hazy – StreetInsider.com” on September 12, 2019, also Finance.Yahoo.com with their article: “Does Chubb Limited’s (NYSE:CB) CEO Salary Compare Well With Others? – Yahoo Finance” published on May 13, 2019, Finance.Yahoo.com published: “Who Has Been Selling Chubb Limited (NYSE:CB) Shares? – Yahoo Finance” on June 02, 2019. More interesting news about Chubb Limited (NYSE:CB) were released by: Finance.Yahoo.com and their article: “Can You Imagine How Chubb’s (NYSE:CB) Shareholders Feel About The 45% Share Price Increase? – Yahoo Finance” published on July 17, 2019 as well as Finance.Yahoo.com‘s news article titled: “Chubb Limited (NYSE:CB): Did It Outperform The Industry? – Yahoo Finance” with publication date: June 25, 2019.

Chubb Limited (NYSE:CB) Ratings Chart

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