Rowland & Company Investment Counsel Has Lowered Chubb LTD F (CB) Stake by $19.12 Million as Shares Declined

Chubb Limited (NYSE:CB) LogoInvestors sentiment decreased to 0.29 in 2018 Q4. Its down 0.34, from 0.63 in 2018Q3. It turned negative, as 1 investors sold CB shares while 6 reduced holdings. 0 funds opened positions while 2 raised stakes. 256,126 shares or 9.42% less from 282,764 shares in 2018Q3 were reported. Cibc World Markets has 64,335 shares for 0.08% of their portfolio. 17,837 are owned by Benedict Advisors Incorporated. Penobscot Investment Management Co invested 0.62% in Chubb Limited (NYSE:CB). Hudson Valley Investment Advsrs Adv reported 13,664 shares or 0.41% of all its holdings. Fruth Investment Mngmt stated it has 6,942 shares or 0.42% of all its holdings. Cleararc Capital Inc owns 7,907 shares. Rowland Co Investment Counsel Adv holds 44,425 shares. Baldwin Investment Llc reported 0.16% stake. Connors Investor Ser reported 76,862 shares. Nelson Roberts Advisors Llc has 0% invested in Chubb Limited (NYSE:CB) for 15 shares. Gemmer Asset Mgmt Lc has invested 0.01% in Chubb Limited (NYSE:CB).

Rowland & Company Investment Counsel decreased its stake in Chubb Ltd F (CB) by 0.33% based on its latest 2018Q4 regulatory filing with the SEC. Rowland & Company Investment Counsel sold 148 shares as the company’s stock declined 1.24% while stock markets rallied. The institutional investor held 44,425 shares of the property-casualty insurers company at the end of 2018Q4, valued at $5.74 billion, down from 44,573 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Chubb Ltd F for a number of months, seems to be less bullish one the $66.39B market cap company. The stock decreased 0.43% or $0.63 during the last trading session, reaching $144.99. About 1.07 million shares traded. Chubb Limited (NYSE:CB) has declined 4.46% since May 17, 2018 and is downtrending. It has underperformed by 8.83% the S&P500.

Rowland & Company Investment Counsel, which manages about $228.64 million and $246.78 billion US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 8,427 shares to 295,976 shares, valued at $13.89B in 2018Q4, according to the filing. It also increased its holding in Skyworks Solutions (NASDAQ:SWKS) by 453 shares in the quarter, for a total of 9,288 shares, and has risen its stake in Granite Construction (NYSE:GVA).

Analysts await Chubb Limited (NYSE:CB) to report earnings on July, 23. They expect $2.64 earnings per share, down 1.49 % or $0.04 from last year’s $2.68 per share. CB’s profit will be $1.21 billion for 13.73 P/E if the $2.64 EPS becomes a reality. After $2.54 actual earnings per share reported by Chubb Limited for the previous quarter, Wall Street now forecasts 3.94 % EPS growth.

More notable recent Chubb Limited (NYSE:CB) news were published by: Benzinga.com which released: “Deutsche Bank: 5 Reasons To Sell Chubb (NYSE:CB) Shares – Benzinga” on August 14, 2018, also Seekingalpha.com with their article: “Chubb Q1 core EPS improves, still misses estimate – Seeking Alpha” published on April 30, 2019, Benzinga.com published: “Earnings Scheduled For April 30, 2019 – Benzinga” on April 30, 2019. More interesting news about Chubb Limited (NYSE:CB) were released by: Finance.Yahoo.com and their article: “Balyasny Asset Management’s Latest Moves – Yahoo Finance” published on May 17, 2019 as well as Benzinga.com‘s news article titled: “A Star Among Financial Services ETFs (NASDAQ: KBWP)(NYSE:XLF) – Benzinga” with publication date: May 16, 2019.

Chubb Limited (NYSE:CB) Ratings Coverage

Among 3 analysts covering Chubb (NYSE:CB), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Chubb had 9 analyst reports since December 4, 2018 according to SRatingsIntel. The stock of Chubb Limited (NYSE:CB) has “Sell” rating given on Tuesday, December 4 by Deutsche Bank. The rating was maintained by Deutsche Bank on Monday, January 7 with “Sell”. Raymond James maintained it with “Outperform” rating and $150 target in Monday, February 11 report.

Chubb Limited (NYSE:CB) Ratings Chart

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