Wedmont Private Capital Increases Stake in Chubb Limited (NYSE:CB) by 5.0%
Are you interested in learning more about Chubb Limited and its recent activities in the financial market? Wedmont Private Capital recently raised its stake in Chubb by 5.0% in the first quarter, showing confidence in the company’s potential. Other hedge funds have also been buying and selling shares of Chubb, indicating a growing interest in the stock.
In terms of insider activity, Director Michael G. Atieh and EVP Juan Luis Ortega recently sold shares of Chubb, but the company’s stock performance remains strong. Analysts have set new price targets for Chubb, with a consensus rating of “Moderate Buy” and a consensus price target of $266.70.
Chubb’s recent quarterly earnings results exceeded expectations, with a positive outlook for the current fiscal year. The company also announced an increase in its quarterly dividend, showing a commitment to rewarding shareholders.
Chubb Limited provides insurance and reinsurance products worldwide, catering to a wide range of commercial businesses. If you’re interested in staying updated on Chubb’s activities, you can visit HoldingsChannel.com for the latest filings and insider trades.
Overall, Chubb Limited continues to show strength in the financial market, making it a stock worth keeping an eye on. Stay informed with MarketBeat.com’s FREE daily email newsletter for the latest news and analyst ratings on Chubb.
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