Chubb Ltd (CB) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 3,875 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 109,788 shares of Chubb Ltd which is valued at $13,816,820.Chubb Ltd makes up approximately 0.31% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
Other Hedge Funds, Including , Stock Yards Bank Trust Co boosted its stake in CB in the latest quarter, The investment management firm added 243 additional shares and now holds a total of 2,425 shares of Chubb Ltd which is valued at $305,186. Chubb Ltd makes up approx 0.04% of Stock Yards Bank Trust Co’s portfolio.Central Bank Trust Co reduced its stake in CB by selling 48 shares or 4.25% in the most recent quarter. The Hedge Fund company now holds 1,081 shares of CB which is valued at $134,509. Chubb Ltd makes up approx 0.04% of Central Bank Trust Co’s portfolio.Cacti Asset Management boosted its stake in CB in the latest quarter, The investment management firm added 23,328 additional shares and now holds a total of 243,374 shares of Chubb Ltd which is valued at $29,976,376. Chubb Ltd makes up approx 3.05% of Cacti Asset Management’s portfolio. Harbour Capital Advisors added CB to its portfolio by purchasing 3,212 company shares during the most recent quarter which is valued at $395,622. Chubb Ltd makes up approx 0.21% of Harbour Capital Advisors’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.