Chubb Ltd (CB) : Roof Eidam Maycockadv added new position in Chubb Ltd during the most recent quarter end. The investment management firm now holds 10,255 shares of Chubb Ltd which is valued at $1,286,695 , the company said in a statement filed on Aug 2, 2016 with the SEC.Chubb Ltd makes up approximately 0.67% of Roof Eidam Maycockadv’s portfolio.
Other Hedge Funds, Including , Spot Trading L.l.c sold out all of its stake in CB during the most recent quarter. The investment firm sold 564 shares of CB which is valued $70,765. Northpointe Capital sold out all of its stake in CB during the most recent quarter. The investment firm sold 32,688 shares of CB which is valued $4,157,260.Tufton Capital Management reduced its stake in CB by selling 1,189 shares or 3.53% in the most recent quarter. The Hedge Fund company now holds 32,531 shares of CB which is valued at $4,137,293. Chubb Ltd makes up approx 0.82% of Tufton Capital Management’s portfolio.Meeder Asset Management Inc reduced its stake in CB by selling 892 shares or 7.06% in the most recent quarter. The Hedge Fund company now holds 11,736 shares of CB which is valued at $1,507,959. Chubb Ltd makes up approx 0.14% of Meeder Asset Management Inc’s portfolio.Farmers Trust Co reduced its stake in CB by selling 268 shares or 11.26% in the most recent quarter. The Hedge Fund company now holds 2,112 shares of CB which is valued at $271,371. Chubb Ltd makes up approx 0.09% of Farmers Trust Co’s portfolio.
Chubb Ltd opened for trading at $127.24 and hit $127.48 on the upside on Monday, eventually ending the session at $127.09, with a gain of 0.07% or 0.09 points. The heightened volatility saw the trading volume jump to 15,32,614 shares. Company has a market cap of $59,031 M.
On the company’s financial health, Chubb Ltd reported $2.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on May 4, 2016. Analyst had a consensus of $2.17. The company had revenue of $5995.00 million for the quarter, compared to analysts expectations of $6381.25 million. The company’s revenue was up 46.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.
Many Wall Street Analysts have commented on Chubb Ltd. Chubb Ltd was Downgraded by Atlantic Equities to ” Underweight” on Jun 16, 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.