D/B/A Chubb Limited New (NYSE:CB) – Equities researchers at Langen Mcalenn increased their Q3 2017 EPS estimates for D/B/A Chubb Limited New in a research report issued on Monday. Langen Mcalenn analyst L. Greenberg now forecasts that the financial services provider will earn ($0.18) per share for the quarter, up from their previous forecast of ($0.62).

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. D/B/A Chubb Limited New had a return on equity of 10.18% and a net margin of 16.68%. The company had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.06 billion. During the same quarter in the prior year, the company earned $2.25 earnings per share. D/B/A Chubb Limited New’s revenue was down .8% on a year-over-year basis.

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A number of other equities research analysts also recently issued reports on the stock. ValuEngine downgraded shares of D/B/A Chubb Limited New from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research downgraded D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods restated a “buy” rating and set a $153.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. Wells Fargo & Company restated a “buy” rating and set a $164.00 price objective on shares of D/B/A Chubb Limited New in a research report on Thursday, September 28th. Finally, UBS AG cut their price objective on D/B/A Chubb Limited New from $161.00 to $160.00 and set a “buy” rating for the company in a research report on Tuesday, September 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $155.45.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Marble Harbor Investment Counsel LLC grew its stake in shares of D/B/A Chubb Limited New by 11.8% during the 1st quarter. Marble Harbor Investment Counsel LLC now owns 9,495 shares of the financial services provider’s stock valued at $1,294,000 after buying an additional 1,002 shares during the period. Pioneer Investment Management Inc. grew its stake in shares of D/B/A Chubb Limited New by 12.0% during the 1st quarter. Pioneer Investment Management Inc. now owns 1,380,489 shares of the financial services provider’s stock valued at $188,091,000 after buying an additional 147,460 shares during the period. Jaffetilchin Investment Partners LLC grew its stake in shares of D/B/A Chubb Limited New by 33.9% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 3,034 shares of the financial services provider’s stock valued at $413,000 after buying an additional 768 shares during the period. State of Wisconsin Investment Board grew its stake in shares of D/B/A Chubb Limited New by 9.5% during the 1st quarter. State of Wisconsin Investment Board now owns 668,273 shares of the financial services provider’s stock valued at $91,052,000 after buying an additional 58,046 shares during the period. Finally, Buckingham Asset Management LLC purchased a new stake in shares of D/B/A Chubb Limited New during the 1st quarter valued at $206,000. Institutional investors own 86.61% of the company’s stock.

In other D/B/A Chubb Limited New news, insider Philip V. Bancroft sold 47,049 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $148.86, for a total value of $7,003,714.14. Following the completion of the transaction, the insider now directly owns 344,560 shares in the company, valued at approximately $51,291,201.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Timothy Alan Boroughs sold 15,555 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at $29,026,930.68. The disclosure for this sale can be found here. Insiders sold a total of 67,604 shares of company stock valued at $10,031,383 over the last quarter. 0.43% of the stock is currently owned by insiders.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, September 29th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $2.84 annualized dividend and a yield of 1.94%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is presently 24.98%.

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.

Earnings History and Estimates for D/B/A Chubb Limited New (NYSE:CB)

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