Chubb Limited (NYSE:CB) Can’t Be Less Risky. Short Interest Decreased

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Investors sentiment increased to 0.71 in Q2 2018. Its up 0.15, from 0.56 in 2018Q1. It is positive, as 2 investors sold Chubb Limited shares while 5 reduced holdings. 3 funds opened positions while 2 raised stakes. 277,939 shares or 7.58% less from 300,728 shares in 2018Q1 were reported.
Cleararc stated it has 0.21% of its portfolio in Chubb Limited (NYSE:CB). Cibc Mkts Corporation has invested 0.07% in Chubb Limited (NYSE:CB). Connors Investor Svcs Incorporated holds 1.26% of its portfolio in Chubb Limited (NYSE:CB) for 70,517 shares. 4,673 are owned by Whittier Trust. Gemmer Asset Mgmt Limited Liability holds 0.01% or 202 shares. Pennsylvania-based Baldwin Invest Ltd has invested 0.16% in Chubb Limited (NYSE:CB). Georgia-based Rowland & Invest Counsel Adv has invested 0% in Chubb Limited (NYSE:CB). Jolley Asset Mngmt Ltd Liability Co holds 200 shares. 1,050 are owned by Whittier Of Nevada. Moreover, Penobscot Investment has 0.95% invested in Chubb Limited (NYSE:CB). Moreover, Vantage Advisors Ltd has 0.01% invested in Chubb Limited (NYSE:CB). Hudson Valley Inv Advsrs Adv accumulated 15,998 shares or 0.5% of the stock. Benedict Fincl Advsrs reported 16,978 shares stake. Fruth Inv Mngmt, a Texas-based fund reported 7,378 shares.

The stock of Chubb Limited (NYSE:CB) registered a decrease of 19.64% in short interest. CB’s total short interest was 4.55M shares in November as published by FINRA. Its down 19.64% from 5.67 million shares, reported previously. With 1.12 million shares average volume, it will take short sellers 4 days to cover their CB’s short positions. The short interest to Chubb Limited’s float is 0.99%.

The stock increased 0.01% or $0.01 during the last trading session, reaching $127.58. About 825,360 shares traded. Chubb Limited (NYSE:CB) has declined 8.40% since November 14, 2017 and is downtrending. It has underperformed by 24.02% the S&P500.

Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company has market cap of $58.79 billion. The companyÂ’s North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workersÂ’ compensation, package policies, and risk management; and professional lines, marine and construction risk, environmental and cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. It has a 15.61 P/E ratio. The Company’s North America Personal P&C Insurance segment offers affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services in the United States and Canada.

Chubb Limited (NYSE:CB) Ratings Coverage

Among 6 analysts covering Chubb (NYSE:CB), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Chubb had 9 analyst reports since June 18, 2018 according to SRatingsIntel. Atlantic Securities upgraded the stock to “Neutral” rating in Wednesday, June 27 report. The rating was maintained by Citigroup on Monday, July 30 with “Buy”. The stock of Chubb Limited (NYSE:CB) earned “Buy” rating by Citigroup on Thursday, July 12. The firm has “Sell” rating given on Tuesday, August 14 by Deutsche Bank. Goldman Sachs downgraded Chubb Limited (NYSE:CB) on Monday, June 18 to “Neutral” rating. The firm has “Overweight” rating given on Monday, July 9 by Barclays Capital. The stock has “Buy” rating by Citigroup on Friday, October 12. The firm has “Buy” rating by Citigroup given on Thursday, October 25.

Chubb Limited (NYSE:CB) Ratings Chart

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