ChubbCB
Market Cap: 110B
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 Q1 SEC filings by fund managers ($100M+ AUM)
89% more first-time investments, than exits
New positions opened: 185 | Existing positions closed: 98
40% more funds holding in top 10
Funds holding in top 10: 35 [Q4 2023] → 49 (+14) [Q1 2024]
30% more call options, than puts
Call options by funds: $480M | Put options by funds: $369M
13% more capital invested
Capital invested by funds: $81.5B [Q4 2023] → $92.2B (+$10.7B) [Q1 2024]
6% more funds holding
Funds holding: 1,555 [Q4 2023] → 1,642 (+87) [Q1 2024]
0.91% less ownership
Funds ownership: 77.57% [Q4 2023] → 76.67% (-0.91%) [Q1 2024]
9% less repeat investments, than reductions
Existing positions increased: 577 | Existing positions reduced: 631
Research analyst outlook
30 Wall Street Analysts provided 1 year price forecasts over the past 6 months
30 analyst ratings
RBC Capital Scott Heleniak | 9%upside $295 | Outperform Maintained | 25 Jul 2024 |
Roth MKM Harry Fong | 11%upside $300 | Buy Maintained | 24 Jul 2024 |
B of A Securities Joshua Shanker | 2%downside $264 | Neutral Maintained | 24 Jul 2024 |
JMP Securities Matthew Carletti | 11%upside $300 | Market Outperform Maintained | 24 Jul 2024 |
JP Morgan Jimmy Bhullar | 6%upside $286 | Neutral Maintained | 11 Jul 2024 |
Financial journalist opinion
Based on 24 articles about CB published over the past 30 days