Media stories about D/B/A Chubb Limited New (NYSE:CB) have trended somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. D/B/A Chubb Limited New earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.5863638096822 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Aspen Insurance Holdings Limited (AHL) Ex-Dividend Date Scheduled for August 10, 2017 – Nasdaq (nasdaq.com)
- D/B/A Chubb Limited New (NYSE:CB) Insider Juan C. Andrade Sells 5,000 Shares (americanbankingnews.com)
- D/B/A Chubb Limited New (NYSE:CB) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Chubb Ltd. :CB-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017 (finance.yahoo.com)
- [$$] Chubb warns of ‘unsustainable’ environment for insurers (finance.yahoo.com)
CB has been the subject of a number of research reports. Morgan Stanley boosted their price target on D/B/A Chubb Limited New from $144.00 to $152.00 and gave the company an “overweight” rating in a report on Friday, April 28th. Wells Fargo & Company restated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Wednesday, April 26th. Barclays PLC upped their target price on D/B/A Chubb Limited New from $155.00 to $159.00 and gave the stock an “overweight” rating in a report on Monday, July 3rd. Royal Bank Of Canada restated a “buy” rating and set a $153.00 target price on shares of D/B/A Chubb Limited New in a report on Wednesday, July 12th. Finally, BidaskClub upgraded D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. D/B/A Chubb Limited New has a consensus rating of “Buy” and an average target price of $154.09.
Shares of D/B/A Chubb Limited New (NYSE:CB) traded up 0.50% during trading on Wednesday, hitting $149.29. The stock had a trading volume of 872,933 shares. The stock has a market cap of $69.48 billion, a P/E ratio of 13.12 and a beta of 0.91. The stock’s 50 day moving average price is $146.12 and its 200-day moving average price is $139.57. D/B/A Chubb Limited New has a one year low of $121.48 and a one year 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 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.49 by $0.01. The business had revenue of $7.58 billion during the quarter, compared to analysts’ expectations of $7.06 billion. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the company earned $2.25 EPS. Analysts expect that D/B/A Chubb Limited New will post $10.27 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, June 30th were given a $0.71 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This is a boost from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. This represents a $2.84 dividend on an annualized basis and a yield of 1.90%. D/B/A Chubb Limited New’s payout ratio is 24.98%.
In related news, insider Paul J. Krump sold 14,563 shares of the business’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total value of $2,065,615.92. Following the completion of the sale, the insider now directly owns 78,863 shares of the company’s stock, valued at $11,185,927.92. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Evan G. Greenberg sold 69,175 shares of the business’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following the completion of the sale, the chief executive officer now directly owns 1,360,382 shares of the company’s stock, valued at $196,888,086.86. The disclosure for this sale can be found here. Over the last three months, insiders sold 187,341 shares of company stock valued at $27,312,325. 0.43% of the stock is owned by corporate insiders.
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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