Reliance Trust Co Of Delaware buys $2,433,687 stake in Chubb Ltd (CB)

Chubb Ltd (CB) : Reliance Trust Co Of Delaware scooped up 4,418 additional shares in Chubb Ltd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 19,338 shares of Chubb Ltd which is valued at $2,433,687.Chubb Ltd makes up approximately 0.22% of Reliance Trust Co Of Delaware’s portfolio.

Other Hedge Funds, Including , Vigilant Capital Management reduced its stake in CB by selling 199 shares or 0.38% in the most recent quarter. The Hedge Fund company now holds 52,617 shares of CB which is valued at $6,621,849. Chubb Ltd makes up approx 1.19% of Vigilant Capital Management’s portfolio.Bristlecone Advisors boosted its stake in CB in the latest quarter, The investment management firm added 225 additional shares and now holds a total of 15,140 shares of Chubb Ltd which is valued at $1,873,424. Chubb Ltd makes up approx 0.68% of Bristlecone Advisors’s portfolio.Perkins Coie Trust Co boosted its stake in CB in the latest quarter, The investment management firm added 494 additional shares and now holds a total of 14,924 shares of Chubb Ltd which is valued at $1,863,709. Chubb Ltd makes up approx 1.19% of Perkins Coie Trust Co’s portfolio.Hudson Valley Investment Advisors Inc Adv boosted its stake in CB in the latest quarter, The investment management firm added 367 additional shares and now holds a total of 21,623 shares of Chubb Ltd which is valued at $2,700,280. Chubb Ltd makes up approx 0.83% of Hudson Valley Investment Advisors Inc Adv’s portfolio.Gofen Glossberg Il boosted its stake in CB in the latest quarter, The investment management firm added 7,197 additional shares and now holds a total of 58,113 shares of Chubb Ltd which is valued at $7,257,151. Chubb Ltd makes up approx 0.30% of Gofen Glossberg Il’s portfolio.

Chubb Ltd opened for trading at $126.02 and hit $126.63 on the upside on Friday, eventually ending the session at $125.85, with a gain of 0.50% or 0.63 points. The heightened volatility saw the trading volume jump to 14,03,419 shares. Company has a market cap of $58,530 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.

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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