Shares of D/B/A Chubb Limited New (NYSE:CB) have been assigned an average recommendation of “Buy” from the fourteen ratings firms that are presently covering the company, MarketBeat.com reports. 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 company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $154.90.

Several equities analysts recently weighed in on CB shares. 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 report on Thursday, July 27th. Wells Fargo & Company reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Tuesday, July 25th. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of D/B/A Chubb Limited New in a research report on Thursday, April 27th. UBS AG reaffirmed a “buy” rating and set a $161.00 price objective (up previously from $152.00) on shares of D/B/A Chubb Limited New in a research report on Tuesday, August 1st. Finally, BidaskClub raised shares of D/B/A Chubb Limited New from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th.

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In other news, insider John W. Keogh sold 20,999 shares of the firm’s stock in a transaction on Friday, June 16th. The shares were sold at an average price of $147.45, for a total value of $3,096,302.55. Following the sale, the insider now owns 234,103 shares in the company, valued at $34,518,487.35. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Timothy Alan Boroughs sold 15,555 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $146.52, for a total transaction of $2,279,118.60. Following the completion of the sale, 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. In the last three months, insiders sold 182,341 shares of company stock worth $26,563,775. Insiders own 0.43% of the company’s stock.

Several large investors have recently made changes to their positions in CB. Point72 Asia Hong Kong Ltd bought a new stake in shares of D/B/A Chubb Limited New during the first quarter valued at about $101,000. Assetmark Inc. increased its stake in shares of D/B/A Chubb Limited New by 2.4% in the first quarter. Assetmark Inc. now owns 1,166 shares of the financial services provider’s stock valued at $159,000 after buying an additional 27 shares during the last quarter. Pinnacle Bank bought a new stake in shares of D/B/A Chubb Limited New during the first quarter valued at about $168,000. Shine Investment Advisory Services Inc. bought a new stake in shares of D/B/A Chubb Limited New during the second quarter valued at about $185,000. Finally, Norway Savings Bank increased its stake in shares of D/B/A Chubb Limited New by 9.9% in the first quarter. Norway Savings Bank now owns 1,322 shares of the financial services provider’s stock valued at $180,000 after buying an additional 119 shares during the last quarter. Institutional investors and hedge funds own 88.43% of the company’s stock.

Shares of D/B/A Chubb Limited New (NYSE:CB) opened at 149.31 on Tuesday. The firm has a market cap of $69.49 billion, a price-to-earnings ratio of 13.13 and a beta of 0.91. D/B/A Chubb Limited New has a 52-week low of $121.48 and a 52-week high of $149.97. The stock has a 50 day moving average of $145.87 and a 200 day moving average of $139.35.

D/B/A Chubb Limited New (NYSE:CB) last issued 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 for the quarter, compared to analyst estimates of $7.06 billion. D/B/A Chubb Limited New had a net margin of 16.68% and a return on equity of 10.18%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the firm earned $2.25 earnings per share. Equities analysts predict that D/B/A Chubb Limited New will post $10.27 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 21st. Stockholders of record on Friday, June 30th were given a $0.71 dividend. This is a positive change from D/B/A Chubb Limited New’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.90%. D/B/A Chubb Limited New’s dividend payout ratio (DPR) is currently 24.98%.

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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