D/B/A Chubb Limited New (NYSE: CB) recently received a number of ratings updates from brokerages and research firms:

  • 8/1/2017 – D/B/A Chubb Limited New had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $161.00 price target on the stock, up previously from $152.00.
  • 7/31/2017 – D/B/A Chubb Limited New was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Chubb’s second-quarter 2017 earnings outpaced our expectations and improved year over year. Chubb stands a good chance of taking leadership in the P&C space, benefiting from complementary products and services. Its inorganic growth story is impressive and should help it achieve higher long-term ROE. A strong capital position helped Chubb engage in shareholder-friendly moves and invest in strategic initiatives to drive growth. Notably, the company is on track to achieve annual run-rate integration-related savings of $875 million (up from $800 million as guided earlier) by the end of 2018. However, exposure to cat loss and escalating expenses raise concerns for Chubb. Also, shares of Chubb underperformed the industry, since the release of its second-quarter results.”
  • 7/27/2017 – D/B/A Chubb Limited New had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $165.00 price target on the stock.
  • 7/27/2017 – D/B/A Chubb Limited New had its price target raised by analysts at Raymond James Financial, Inc. from $150.00 to $160.00. They now have an “outperform” rating on the stock.
  • 7/27/2017 – D/B/A Chubb Limited New had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $155.00 price target on the stock.
  • 7/25/2017 – D/B/A Chubb Limited New had its “buy” rating reaffirmed by analysts at Wells Fargo & Company.
  • 7/18/2017 – D/B/A Chubb Limited New was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Chubb underperformed the Zacks categorized Property, Casualty and Title industry in the last one year. Exposure to cat loss and escalating expenses raise concerns. Nonetheless, Chubb stands a good chance of taking leadership in the P&C space, benefiting from complementary products and services. Its inorganic growth story is impressive and should help it achieve higher long-term ROE. A strong capital position helped Chubb engage in shareholder-friendly moves and invest in strategic initiatives to drive growth. Notably, the company is on track to achieve annual run-rate integration-related savings of $800 million by the end of 2018. It is set to release its second quarter results on Jul 25. A Zacks Rank #4 combined with an Earnings ESP of 0.40% makes prediction difficult.”
  • 7/13/2017 – D/B/A Chubb Limited New had its price target raised by analysts at Citigroup Inc. from $160.00 to $170.00. They now have a “neutral” rating on the stock.
  • 7/12/2017 – D/B/A Chubb Limited New had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $153.00 price target on the stock.
  • 7/6/2017 – D/B/A Chubb Limited New had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $156.00 price target on the stock, up previously from $152.00.
  • 7/3/2017 – D/B/A Chubb Limited New had its price target raised by analysts at Barclays PLC from $155.00 to $159.00. They now have an “overweight” rating on the stock.
  • 6/17/2017 – D/B/A Chubb Limited New was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of D/B/A Chubb Limited New (NYSE CB) traded down 1.123% during mid-day trading on Friday, reaching $146.665. 1,258,363 shares of the company traded hands. The stock has a market capitalization of $68.26 billion, a price-to-earnings ratio of 12.894 and a beta of 0.91. The company’s 50 day moving average is $146.33 and its 200 day moving average is $140.07. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.49 by $0.01. The company had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.06 billion. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the business posted $2.25 EPS. On average, equities analysts forecast that D/B/A Chubb Limited New will post $10.27 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, September 29th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.91%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is 24.98%.

In other news, insider Philip V. Bancroft sold 47,049 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $148.86, for a total value of $7,003,714.14. Following the transaction, the insider now directly owns 344,560 shares in the company, valued at approximately $51,291,201.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Paul J. Krump sold 14,563 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $141.84, for a total value of $2,065,615.92. Following the completion of the transaction, the insider now owns 78,863 shares in the company, valued at $11,185,927.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 234,390 shares of company stock worth $34,316,039. Company insiders own 0.43% of the company’s stock.

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

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