HighTower Advisors LLC reduced its stake in Chubb Limited by 17.7% in the third quarter, holding 206,367 shares valued at $58.26 million. Despite this, other institutional investors increased their positions in Chubb, which currently has a consensus “Hold” rating from Wall Street analysts with an average price target of $340.09. Insiders, including CEO Evan G. Greenberg and EVP Timothy Alan Boroughs, sold substantial shares in early February.
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HighTower Advisors LLC Has $58.26 Million Position in Chubb Limited $CB
HighTower Advisors LLC reduced its stake in Chubb Limited by 17.7% in the third quarter, holding 206,367 shares valued at $58.26 million. Despite this, other institutional investors increased their positions in Chubb, which currently has a consensus “Hold” rating from Wall Street analysts with an average price target of $340.09. Insiders, including CEO Evan G. Greenberg and EVP Timothy Alan Boroughs, sold substantial shares in early February.