Chubb Corp. (NYSE:CB) Director David H. Sidwell purchased 830 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was acquired at an average cost of $124.90 per share, for a total transaction of $103,667.00. Following the transaction, the director now owns 7,386 shares in the company, valued at approximately $922,511.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Chubb Corp. (NYSE:CB) traded up 0.96% on Wednesday, reaching $124.93. 925,952 shares of the company’s stock traded hands. Chubb Corp. has a 52-week low of $105.83 and a 52-week high of $131.00. The stock has a market cap of $58.10 billion, a price-to-earnings ratio of 20.69 and a beta of 1.02. The firm’s 50-day moving average is $125.49 and its 200-day moving average is $124.84.

Chubb Corp. (NYSE:CB) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $2.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.45 by $0.20. The company earned $7.64 billion during the quarter, compared to analysts’ expectations of $7.40 billion. Chubb Corp. had a return on equity of 9.92% and a net margin of 9.35%. The company’s quarterly revenue was up 59.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.08 EPS. Analysts anticipate that Chubb Corp. will post $9.60 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Chubb Corp. (NYSE:CB)

The business also recently declared a quarterly dividend, which will be paid on Friday, October 21st. Investors of record on Friday, September 30th will be paid a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 2.21%. The ex-dividend date is Wednesday, September 28th. Chubb Corp.’s dividend payout ratio is presently 44.37%.

Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Chubb Corp. from a “sell” rating to a “hold” rating in a research note on Friday, October 7th. Barclays PLC increased their price objective on shares of Chubb Corp. from $133.00 to $139.00 and gave the company an “overweight” rating in a research note on Friday, September 30th. Credit Suisse Group AG set a $136.00 price objective on shares of Chubb Corp. and gave the company a “buy” rating in a research note on Monday, September 12th. Morgan Stanley increased their price objective on shares of Chubb Corp. from $136.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, July 28th. Finally, MKM Partners reiterated a “buy” rating and issued a $150.00 price objective (up previously from $140.00) on shares of Chubb Corp. in a research note on Friday, July 15th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $131.67.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Pathstone Family Office LLC increased its position in Chubb Corp. by 47.8% in the second quarter. Pathstone Family Office LLC now owns 773 shares of the company’s stock valued at $101,000 after buying an additional 250 shares in the last quarter. Motco increased its position in Chubb Corp. by 3.5% in the second quarter. Motco now owns 915 shares of the company’s stock valued at $120,000 after buying an additional 31 shares in the last quarter. FNY Managed Accounts LLC increased its position in Chubb Corp. by 31.6% in the second quarter. FNY Managed Accounts LLC now owns 987 shares of the company’s stock valued at $129,000 after buying an additional 237 shares in the last quarter. Global X Management Co. LLC increased its position in Chubb Corp. by 207.4% in the second quarter. Global X Management Co. LLC now owns 993 shares of the company’s stock valued at $130,000 after buying an additional 670 shares in the last quarter. Finally, Integrated Investment Consultants LLC increased its position in Chubb Corp. by 14.5% in the second quarter. Integrated Investment Consultants LLC now owns 1,011 shares of the company’s stock valued at $132,000 after buying an additional 128 shares in the last quarter. 87.25% of the stock is currently owned by institutional investors.

About Chubb Corp.

Chubb Limited (Chubb), formerly ACE Limited, is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products to insureds across the world. The Company’s segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

5 Day Chart for NYSE:CB

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