D/B/A Chubb Limited New (CB) Receives News Sentiment Rating of 0.20

Media headlines about D/B/A Chubb Limited New (NYSE:CB) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. D/B/A Chubb Limited New earned a news impact score of 0.20 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 37 out of 100, indicating that recent news coverage is unlikely to have an effect on the stock’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of D/B/A Chubb Limited New (NYSE CB) traded up 1.66% during midday trading on Friday, hitting $145.35. 2,213,105 shares of the stock were exchanged. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $148.38. The firm’s 50-day moving average is $145.81 and its 200 day moving average is $138.97. The firm has a market cap of $67.64 billion, a PE ratio of 12.78 and a beta of 0.91.

D/B/A Chubb Limited New (NYSE:CB) last posted its earnings results on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.49 by $0.01. The firm had revenue of $7.58 billion during the quarter, compared to analyst estimates 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%. D/B/A Chubb Limited New’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period last year, the firm posted $2.25 earnings per share. On average, analysts forecast that D/B/A Chubb Limited New will post $10.28 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, June 30th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 1.95%. This is a positive change from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. The ex-dividend date was Wednesday, June 28th. D/B/A Chubb Limited New’s payout ratio is presently 24.98%.

A number of equities analysts have commented on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $165.00 price target on shares of D/B/A Chubb Limited New in a research note on Thursday. Wells Fargo & Company reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research note on Tuesday, July 25th. Citigroup Inc. reissued a “buy” rating and issued a $157.00 price target (up previously from $147.00) on shares of D/B/A Chubb Limited New in a research note on Friday, April 7th. Keefe, Bruyette & Woods reissued a “buy” rating on shares of D/B/A Chubb Limited New in a research note on Thursday, April 27th. Finally, BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Saturday, June 17th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. D/B/A Chubb Limited New has a consensus rating of “Hold” and a consensus target price of $153.40.

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In other D/B/A Chubb Limited New news, insider Paul J. Krump sold 14,563 shares of D/B/A Chubb Limited New stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $141.84, for a total transaction of $2,065,615.92. Following the completion of the transaction, the insider now directly owns 78,863 shares of the company’s stock, valued at $11,185,927.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Evan G. Greenberg sold 69,175 shares of D/B/A Chubb Limited New stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $144.73, for a total transaction of $10,011,697.75. Following the transaction, 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. Insiders have sold 166,786 shares of company stock valued at $24,284,656 over the last ninety days. 0.43% of the stock is owned by insiders.

About D/B/A Chubb Limited New

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.

Insider Buying and Selling by Quarter for D/B/A Chubb Limited New (NYSE:CB)

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