ChubbCB
Market Cap: $116B
About: ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.
Employees: 40,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more repeat investments, than reductions
Existing positions increased: 688 | Existing positions reduced: 572
10.91% more ownership
Funds ownership: 77.88% [Q1] → 88.79% (+10.91%) [Q2]
0% less funds holding
Funds holding: 1,659 [Q1] → 1,657 (-2) [Q2]
2% less first-time investments, than exits
New positions opened: 128 | Existing positions closed: 130
2% less capital invested
Capital invested by funds: $93.6B [Q1] → $91.9B (-$1.71B) [Q2]
4% less call options, than puts
Call options by funds: $477M | Put options by funds: $495M
24% less funds holding in top 10
Funds holding in top 10: 49 [Q1] → 37 (-12) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Barclays Alex Scott 89% 1-year accuracy 33 / 37 met price target | 21%upside $349 | Overweight Initiated | 4 Sept 2024 |
Keefe, Bruyette & Woods Meyer Shields 79% 1-year accuracy 62 / 78 met price target | 6%upside $305 | Outperform Maintained | 29 Jul 2024 |
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target | 3%upside $295 | Outperform Maintained | 25 Jul 2024 |
Roth MKM Harry Fong 96% 1-year accuracy 22 / 23 met price target | 4%upside $300 | Buy Maintained | 24 Jul 2024 |
B of A Securities Joshua Shanker 56% 1-year accuracy 20 / 36 met price target | 8%downside $264 | Neutral Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 30 articles about CB published over the past 30 days