Chubb Ltd (CB) : Webster Bank N. A. scooped up 1,382 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 27,452 shares of Chubb Ltd which is valued at $3,454,834.Chubb Ltd makes up approximately 0.51% of Webster Bank N. A.’s portfolio.
Other Hedge Funds, Including , Private Bank Trust Co sold out all of its stake in CB during the most recent quarter. The investment firm sold 2,420 shares of CB which is valued $303,032.Howland Capital Management boosted its stake in CB in the latest quarter, The investment management firm added 1,362 additional shares and now holds a total of 187,264 shares of Chubb Ltd which is valued at $23,449,198. Chubb Ltd makes up approx 2.23% of Howland Capital Management’s portfolio.Nisa Investment Advisors boosted its stake in CB in the latest quarter, The investment management firm added 6,414 additional shares and now holds a total of 132,704 shares of Chubb Ltd which is valued at $16,420,793. Chubb Ltd makes up approx 0.22% of Nisa Investment Advisors’s portfolio.Trust Co Of Oklahoma boosted its stake in CB in the latest quarter, The investment management firm added 112 additional shares and now holds a total of 20,354 shares of Chubb Ltd which is valued at $2,532,648. Chubb Ltd makes up approx 1.40% of Trust Co Of Oklahoma’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.