D/B/A Chubb Limited New (NYSE:CB)‘s stock had its “buy” rating reissued by equities researchers at Keefe, Bruyette & Woods in a note issued to investors on Thursday. They presently have a $153.00 price target on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 7.79% from the company’s previous close.

A number of other research analysts have also recently issued reports on the company. Wells Fargo & Company reaffirmed a “buy” rating and set a $164.00 price objective on shares of D/B/A Chubb Limited New in a research note on Thursday. UBS AG reduced their price objective on D/B/A Chubb Limited New from $161.00 to $160.00 and set a “buy” rating on the stock in a research note on Tuesday, September 19th. Zacks Investment Research raised D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Raymond James Financial, Inc. raised their price objective on D/B/A Chubb Limited New from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $165.00 price objective on shares of D/B/A Chubb Limited New in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. D/B/A Chubb Limited New presently has a consensus rating of “Buy” and a consensus price target of $154.67.

Shares of D/B/A Chubb Limited New (NYSE CB) traded up 0.59% on Thursday, reaching $142.04. The company’s stock had a trading volume of 595,077 shares. The stock has a 50 day moving average of $144.64 and a 200-day moving average of $141.93. The firm has a market cap of $66.11 billion, a price-to-earnings ratio of 12.49 and a beta of 0.92. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28.

D/B/A Chubb Limited New (NYSE:CB) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $2.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.49 by $0.01. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The firm had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.06 billion. During the same period last year, the firm earned $2.25 earnings per share. The company’s revenue for the quarter was down .8% compared to the same quarter last year. On average, analysts anticipate that D/B/A Chubb Limited New will post $10.24 EPS for the current year.

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In other D/B/A Chubb Limited New news, insider Timothy Alan Boroughs sold 15,555 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $146.52, for a total value of $2,279,118.60. Following the completion of the sale, the insider now directly owns 198,109 shares in the company, valued at $29,026,930.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Philip V. Bancroft sold 47,049 shares of the firm’s stock in a transaction dated 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 sale, the insider now owns 344,560 shares of the company’s stock, valued at $51,291,201.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 67,604 shares of company stock valued at $10,031,383. 0.43% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in D/B/A Chubb Limited New by 2.4% in the second quarter. Vanguard Group Inc. now owns 35,320,686 shares of the financial services provider’s stock worth $5,134,923,000 after buying an additional 838,652 shares during the period. BlackRock Inc. lifted its holdings in D/B/A Chubb Limited New by 1.4% in the second quarter. BlackRock Inc. now owns 29,312,701 shares of the financial services provider’s stock worth $4,261,481,000 after buying an additional 409,574 shares during the period. FMR LLC lifted its holdings in D/B/A Chubb Limited New by 1.0% in the first quarter. FMR LLC now owns 29,155,749 shares of the financial services provider’s stock worth $3,972,471,000 after buying an additional 294,867 shares during the period. State Street Corp lifted its holdings in D/B/A Chubb Limited New by 1.0% in the first quarter. State Street Corp now owns 22,102,116 shares of the financial services provider’s stock worth $3,011,419,000 after buying an additional 212,643 shares during the period. Finally, Bank of America Corp DE lifted its holdings in D/B/A Chubb Limited New by 1.5% in the first quarter. Bank of America Corp DE now owns 9,794,936 shares of the financial services provider’s stock worth $1,334,559,000 after buying an additional 145,358 shares during the period. Institutional investors and hedge funds own 86.60% 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.

Analyst Recommendations for D/B/A Chubb Limited New (NYSE:CB)

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