After this afternoon's 4.6% surge to $264.64 per share, Chubb might just keep moving past its target price of $270.1. With an average analyst rating of buy, and target prices from $244.0 to $294.0, the stock's next move is anyone's guess.
Chubb's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.7%. The stock's short ratio is 1.67. The company's insiders own 7.01% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 84.5%. In conclusion, we believe there is positive market sentiment regarding Chubb.
Institutions Invested in Chubb
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 9% | 38,599,816 | $10,215,247,881 |
| 2024-03-31 | Blackrock Inc. | 7% | 29,422,797 | $7,786,595,788 |
| 2024-03-31 | Berkshire Hathaway, Inc | 6% | 25,923,840 | $6,860,614,351 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 4% | 18,606,707 | $4,924,171,769 |
| 2024-03-31 | State Street Corporation | 4% | 18,274,220 | $4,836,180,751 |
| 2024-03-31 | FMR, LLC | 3% | 13,636,269 | $3,608,770,259 |
| 2024-03-31 | Capital World Investors | 3% | 10,997,092 | $2,910,325,291 |
| 2024-03-31 | Wellington Management Group, LLP | 3% | 10,389,443 | $2,749,514,028 |
| 2024-03-31 | Massachusetts Financial Services Co. | 2% | 9,187,444 | $2,431,411,016 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 8,524,202 | $2,255,887,344 |
