D/B/A Chubb Limited New (CB) Getting Somewhat Favorable Media Coverage, Study Shows
Headlines about D/B/A Chubb Limited New (NYSE:CB) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. D/B/A Chubb Limited New earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.6744185005604 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
- Price’s exit further complicates GOP health care push (valleymorningstar.com)
- Strasburg cruises, Zimmerman homers twice; Nats beat Pirates (dailyjournalonline.com)
- Trump lashes out at San Juan mayor who begged for more help (kpvi.com)
- ESTHER CEPEDA: Targets of racial, religious hatred must band together (siouxcityjournal.com)
- Gorsuch appears at Trump hotel, liberal groups cry foul (cumberlink.com)
CB has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 29th. Citigroup Inc. upped their target price on shares of D/B/A Chubb Limited New from $160.00 to $170.00 and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Zacks Investment Research raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Wells Fargo & Company reaffirmed a “buy” rating and issued a $164.00 target price on shares of D/B/A Chubb Limited New in a research report on Thursday. Finally, Raymond James Financial, Inc. upped their target price on shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $154.67.
Shares of D/B/A Chubb Limited New (NYSE CB) traded up 0.25% during mid-day trading on Friday, reaching $142.55. 1,413,249 shares of the company traded hands. The stock has a market capitalization of $66.35 billion, a PE ratio of 12.53 and a beta of 0.92. D/B/A Chubb Limited New has a 52 week low of $121.48 and a 52 week high of $150.28. The firm has a 50 day moving average of $144.64 and a 200-day moving average of $141.93.
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 for the quarter, beating the consensus estimate of $2.49 by $0.01. The firm had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.06 billion. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The firm’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the company posted $2.25 earnings per share. On average, equities research analysts expect that D/B/A Chubb Limited New will post $10.22 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be paid a $0.71 dividend. The ex-dividend date is Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 1.99%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 24.98%.
In other D/B/A Chubb Limited New news, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $149.71, for a total value of $748,550.00. Following the transaction, the insider now owns 100,822 shares in the company, valued at $15,094,061.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Timothy Alan Boroughs sold 15,555 shares of D/B/A Chubb Limited New 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 transaction, the insider now owns 198,109 shares in the company, valued at approximately $29,026,930.68. The disclosure for this sale can be found here. Insiders sold 67,604 shares of company stock worth $10,031,383 in the last quarter. 0.43% of the stock is owned by insiders.
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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.
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