D/B/A Chubb Limited New (CB) Earns Daily News Impact Score of 0.15
News headlines about D/B/A Chubb Limited New (NYSE:CB) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. D/B/A Chubb Limited New earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.0172682091738 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s rankings:
- Chubb Announces Consent Solicitation for Holders of Chubb INA Holdings Inc.’s 6.8% Debentures due 2031 (finance.yahoo.com)
- D/B/A Chubb Limited New (NYSE:CB) Expected to Post Quarterly Sales of $8.19 Billion (americanbankingnews.com)
- Brokerages Expect D/B/A Chubb Limited New (NYSE:CB) to Announce $2.68 EPS (americanbankingnews.com)
- Assured Guaranty Ltd. (AGO) Ex-Dividend Date Scheduled for August 14, 2017 – Nasdaq (nasdaq.com)
- Insider Selling: D/B/A Chubb Limited New (NYSE:CB) Insider Sells 47,049 Shares of Stock (americanbankingnews.com)
Several research firms have commented on CB. UBS AG reissued a “buy” rating and set a $161.00 target price (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 1st. Zacks Investment Research raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $155.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. Raymond James Financial, Inc. lifted their price target on shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $154.09.
D/B/A Chubb Limited New (CB) traded up 0.66% on Monday, reaching $147.40. 1,300,669 shares of the company were exchanged. D/B/A Chubb Limited New has a 12-month low of $121.48 and a 12-month high of $150.28. The firm has a market capitalization of $68.60 billion, a P/E ratio of 12.96 and a beta of 0.91. The firm has a 50-day moving average of $146.43 and a 200 day moving average of $140.39.
D/B/A Chubb Limited New (NYSE:CB) last released its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $0.01. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The business had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.06 billion. During the same period last year, the firm earned $2.25 earnings per share. The company’s quarterly revenue was down .8% on a year-over-year basis. On average, equities analysts predict that D/B/A Chubb Limited New will post $10.27 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be given a $0.71 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 1.93%. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.
In other D/B/A Chubb Limited New news, CEO Evan G. Greenberg sold 69,175 shares of the stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $144.73, for a total value of $10,011,697.75. Following the transaction, the chief executive officer now directly owns 1,360,382 shares in the company, valued at $196,888,086.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Philip V. Bancroft sold 47,049 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $148.86, for a total transaction of $7,003,714.14. Following the completion of the transaction, the insider now owns 344,560 shares in the company, valued at $51,291,201.60. The disclosure for this sale can be found here. Insiders sold 234,390 shares of company stock worth $34,316,039 over the last quarter. Insiders own 0.43% of the company’s stock.
D/B/A Chubb Limited New Company Profile
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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