Chubb Corp. (NYSE:CB) has been assigned a consensus recommendation of “Buy” from the eighteen brokerages that are presently covering the company. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $132.08.

A number of research analysts recently issued reports on CB shares. Zacks Investment Research downgraded shares of Chubb Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 24th. Barclays PLC raised their price objective on shares of Chubb Corp. from $133.00 to $139.00 and gave the stock an “overweight” rating in a report on Friday, September 30th. Credit Suisse Group AG set a $136.00 price objective on shares of Chubb Corp. and gave the stock a “buy” rating in a report on Monday, September 12th. Finally, William Blair cut shares of Chubb Corp. from a “market perform” rating to an “underperform” rating in a report on Thursday, November 17th.

In related news, Director David H. Sidwell bought 830 shares of the firm’s stock in a transaction on Monday, September 26th. The shares were bought 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 of the company’s stock, valued at $922,511.40. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Sean Ringsted sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $126.50, for a total transaction of $506,000.00. Following the sale, the executive vice president now owns 150,192 shares in the company, valued at $18,999,288. The disclosure for this sale can be found here. Company insiders own 0.43% of the company’s stock.

Several large investors have recently modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Chubb Corp. by 64.9% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 15,090 shares of the company’s stock valued at $1,799,000 after buying an additional 5,939 shares during the last quarter. Quantum Capital Management acquired a new stake in Chubb Corp. during the first quarter valued at approximately $218,000. Euclid Advisors LLC raised its stake in Chubb Corp. by 65.9% in the first quarter. Euclid Advisors LLC now owns 72,059 shares of the company’s stock valued at $8,586,000 after buying an additional 28,629 shares in the last quarter. M&R Capital Management Inc. raised its stake in Chubb Corp. by 4.5% in the first quarter. M&R Capital Management Inc. now owns 3,030 shares of the company’s stock valued at $361,000 after buying an additional 130 shares in the last quarter. Finally, Phocas Financial Corp. acquired a new stake in Chubb Corp. during the first quarter valued at approximately $4,294,000. Institutional investors own 86.30% of the company’s stock.

Shares of Chubb Corp. (NYSE:CB) traded down 0.28% during mid-day trading on Friday, reaching $126.33. 357,199 shares of the company were exchanged. Chubb Corp. has a 12 month low of $106.82 and a 12 month high of $131.00. The stock has a 50 day moving average price of $125.15 and a 200-day moving average price of $126.09. The stock has a market capitalization of $58.79 billion, a P/E ratio of 16.93 and a beta of 0.86.

Chubb Corp. (NYSE:CB) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $2.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $0.30. Chubb Corp. had a net margin of 11.20% and a return on equity of 9.88%. The company earned $7.57 billion during the quarter, compared to the consensus estimate of $7.36 billion. During the same quarter in the previous year, the firm earned $2.37 earnings per share. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. Analysts predict that Chubb Corp. will post $9.79 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 20th. Shareholders of record on Friday, December 30th will be given a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 2.18%. Chubb Corp.’s payout ratio is currently 36.90%.

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Chubb Corp. Company Profile

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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