Stillwater Capital Advisors Lowers stake in Chubb Ltd (CB)

Chubb Ltd (CB) : Stillwater Capital Advisors reduced its stake in Chubb Ltd by 1.06% during the most recent quarter end. The investment management company now holds a total of 93,587 shares of Chubb Ltd which is valued at $11,282,849 after selling 1,001 shares in Chubb Ltd , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.Chubb Ltd makes up approximately 3.28% of Stillwater Capital Advisors’s portfolio.

Chubb Ltd opened for trading at $120.74 and hit $121.43 on the upside on Friday, eventually ending the session at $120.56, with a gain of 0.18% or 0.22 points. The heightened volatility saw the trading volume jump to 15,75,015 shares. Company has a market cap of $55,659 M.

Other Hedge Funds, Including , Peachtree Investment Advisors sold out all of its stake in CB during the most recent quarter. The investment firm sold 1,132 shares of CB which is valued $136,474.Needelman Asset Management Inc boosted its stake in CB in the latest quarter, The investment management firm added 93 additional shares and now holds a total of 5,579 shares of Chubb Ltd which is valued at $661,502. Chubb Ltd makes up approx 1.94% of Needelman Asset Management Inc’s portfolio.Catawba Capital Management Va reduced its stake in CB by selling 63 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 21,737 shares of CB which is valued at $2,577,356. Chubb Ltd makes up approx 0.66% of Catawba Capital Management Va’s portfolio.First American Bank boosted its stake in CB in the latest quarter, The investment management firm added 23,535 additional shares and now holds a total of 24,457 shares of Chubb Ltd which is valued at $2,899,866. Chubb Ltd makes up approx 0.30% of First American Bank’s portfolio. First American Trust Fsb sold out all of its stake in CB during the most recent quarter. The investment firm sold 29,591 shares of CB which is valued $3,508,605.

On the company’s financial health, Chubb Ltd reported $2.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $2.29. The company had revenue of $3629.00 million for the quarter, compared to analysts expectations of $3963.75 million. The company’s revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $2.47 EPS.

Many Wall Street Analysts have commented on Chubb Ltd. Company shares were Reiterated by RBC Capital Mkts on Apr 14, 2016 to “Outperform”, Firm has raised the Price Target to $ 128 from a previous price target of $120 .Shares were Reiterated by RBC Capital Mkts on Jan 28, 2016 to “Outperform” and Lowered the Price Target to $ 120 from a previous price target of $121 .Chubb Ltd was Upgraded by Sandler O’Neill to ” Buy” on Jan 27, 2016.

Chubb Ltd formerly ACE Ltd is a Switzerland-based insurance and reinsurance company. The Company offers commercial and personal property and casualty insurance personal accident and supplemental health insurance travel accident insurance specialty coverage insurances recreational marine and aviation insurance agricultural insurance as well as reinsurance and life insurance. It mainly serves multinational companies small and medium-sized enterprises as well as high net worth individuals. The Company maintains executive offices in Zurich New York and London among others and is present in Latin America North America Asia Europe and Africa. It came into being from a merger of ACE Ltd and Chubb Corp.

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