• HSBC upgraded Chubb Limited (NYSE:CB) from a Hold to a Buy rating, with the stock priced at $299.37 at the time of the upgrade.
• Elevate Capital Advisors LLC purchased 2,913 shares of Chubb, valued at approximately $822,000, indicating confidence in the company's future performance.
• Chubb's current stock price is approximately $299.65, with a market capitalization of approximately $119.47 billion, reflecting its significant presence in the insurance industry.

Chubb Limited, listed on the NYSE under the symbol CB, is a global insurance company providing a wide range of insurance products, including property and casualty, accident and health, reinsurance, and life insurance. The company competes with other major insurers like AIG and Allianz. Recently, HSBC upgraded Chubb from a Hold to a Buy rating, with the stock priced at $299.37 at the time of the upgrade.

Elevate Capital Advisors LLC has shown confidence in Chubb by purchasing 2,913 shares valued at approximately $822,000 during the third quarter. This investment was disclosed in a 13F filing with the Securities and Exchange Commission. Such moves by institutional investors often indicate a positive outlook on the company's future performance.

Other institutional investors have also adjusted their positions in Chubb. Mitchell and Pahl Private Wealth LLC increased its holdings by 0.5%, now owning 7,381 shares valued at $2.08 million. Sky Investment Group LLC expanded its position by 1.6% in the second quarter, now holding 2,397 shares worth $694,000. These adjustments reflect a growing interest and confidence in Chubb among hedge funds and institutional investors.

Currently, Chubb's stock price is approximately $299.65, reflecting a slight decrease of about 0.49% or $1.47. The stock has traded between a low of $299.03 and a high of $301.13 today. Over the past year, CB has reached a high of $316.94 and a low of $263.14, indicating some volatility in its price movements.

Chubb's market capitalization stands at approximately $119.47 billion, highlighting its significant presence in the insurance industry. Today's trading volume for CB on the NYSE is 265,650 shares, suggesting active investor interest. The recent upgrades and investments by institutional investors may continue to influence the stock's performance in the near future.