Chubb Ltd (CB) : Reilly Financial Advisors added new position in Chubb Ltd during the most recent quarter end. The investment management firm now holds 79,469 shares of Chubb Ltd which is valued at $9,970,975 , the company said in a statement filed on Aug 3, 2016 with the SEC.Chubb Ltd makes up approximately 1.78% of Reilly Financial Advisors’s portfolio.
Other Hedge Funds, Including , State Treasurer State Of Michigan boosted its stake in CB in the latest quarter, The investment management firm added 2,600 additional shares and now holds a total of 182,609 shares of Chubb Ltd which is valued at $22,911,951. Chubb Ltd makes up approx 0.17% of State Treasurer State Of Michigan’s portfolio. Roof Eidam Maycockadv added CB to its portfolio by purchasing 10,255 company shares during the most recent quarter which is valued at $1,286,695. Chubb Ltd makes up approx 0.67% of Roof Eidam Maycockadv’s portfolio.Sumitomo Mitsui Asset Management Company Ltd boosted its stake in CB in the latest quarter, The investment management firm added 1,076 additional shares and now holds a total of 35,561 shares of Chubb Ltd which is valued at $4,454,371. Chubb Ltd makes up approx 0.13% of Sumitomo Mitsui Asset Management Company Ltd’s portfolio.First Midwest Bank Trust Division reduced its stake in CB by selling 1,001 shares or 29.93% in the most recent quarter. The Hedge Fund company now holds 2,344 shares of CB which is valued at $298,110. Chubb Ltd makes up approx 0.04% of First Midwest Bank Trust Division’s portfolio. First American Trust Fsb added CB to its portfolio by purchasing 36,666 company shares during the most recent quarter which is valued at $4,775,380. Chubb Ltd makes up approx 1.66% of First American Trust Fsb’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.