Chubb Limited (NYSE: CB) is 12.02% higher on its value in year-to-date trading and has touched a low of $183.71 and a high of $260.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CB stock was last observed hovering at around $252.90 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $253.16, the stock is -1.21% and 0.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 0.10% at the moment leaves the stock 14.26% off its SMA200. CB registered 29.17% gain for a year compared to 6-month gain of 20.12%. The firm has a 50-day simple moving average (SMA 50) of $2.39.
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The stock witnessed a 1.74% loss in the last 1 month and extending the period to 3 months gives it a 11.18%, and is -1.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.11% over the week and 1.13% over the month.
Chubb Limited (CB) has around 40000 employees, a market worth around $102.72B and $50.00B in sales. Current P/E ratio is 11.60 and Fwd P/E is 10.65. Profit margin for the company is 18.06%. Distance from 52-week low is 37.80% and -2.85% from its 52-week high. The company has generated returns on investments over the last 12 months (12.28%).
Chubb Limited quarterly earnings per share for the current quarter are estimated at $5.34 with sales reaching $10.29B over the same period.The EPS is expected to shrink by -3.63% this year, but quarterly earnings will post 7.20% year-over-year. Quarterly sales are estimated to grow 9.30% in year-over-year returns.
Chubb Limited (CB) Top Institutional Holders
2,055 institutions hold shares in Chubb Limited (CB), with institutional investors hold 86.44% of the company’s shares. The shares outstanding are 405.27M, and float is at 403.32M with Short Float at 0.63%. Institutions hold 85.91% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 38.99 million shares valued at $7.51 billion. The investor’s holdings represent 9.41% of the CB Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 29.15 million shares valued at $5.61 billion to account for 7.04% of the shares outstanding. The other top investors are Price (T.Rowe) Associates Inc which holds 27.93 million shares representing 6.74% and valued at over $5.38 billion, while State Street Corporation holds 4.51% of the shares totaling 18.67 million with a market value of $3.6 billion.
Chubb Limited (CB) Insider Activity
The most recent transaction is an insider sale by BOROUGHS TIMOTHY ALAN,the company’sExecutive Vice President*. SEC filings show that BOROUGHS TIMOTHY ALAN sold 14,303 shares of the company’s common stock on Mar 20 ’24 at a price of $258.78 per share for a total of $3.7 million. Following the sale, the insider now owns 35662.0 shares.
Chubb Limited disclosed in a document filed with the SEC on Mar 20 ’24 that BOROUGHS TIMOTHY ALAN (Executive Vice President*) sold a total of 5,697 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $259.05 per share for $1.48 million. Following the transaction, the insider now directly holds 0.0 shares of the CB stock.
Still, SEC filings show that on Mar 19 ’24, Lupica John J (Vice Chrm, Chubb Group*) disposed off 34,464 shares at an average price of $258.92 for $8.92 million. The insider now directly holds 130,937 shares of Chubb Limited (CB).
