D/B/A Chubb Limited New (NYSE:CB) – Investment analysts at Langen Mcalenn lifted their Q4 2017 earnings per share (EPS) estimates for shares of D/B/A Chubb Limited New in a report released on Tuesday. Langen Mcalenn analyst L. Greenberg now anticipates that the financial services provider will post earnings per share of $2.57 for the quarter, up from their previous estimate of $2.56. Langen Mcalenn also issued estimates for D/B/A Chubb Limited New’s Q1 2018 earnings at $2.53 EPS and Q2 2018 earnings at $2.75 EPS.

A number of other research firms have also commented on CB. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a report on Tuesday, August 29th. Wells Fargo & Company reissued a “buy” rating and issued a $164.00 target price on shares of D/B/A Chubb Limited New in a report on Thursday, September 28th. Royal Bank Of Canada reissued a “buy” rating and issued a $153.00 target price on shares of D/B/A Chubb Limited New in a report on Wednesday, July 12th. UBS AG lifted their target price on D/B/A Chubb Limited New from $160.00 to $169.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Morgan Stanley reissued an “overweight” rating and issued a $156.00 target price (up previously from $152.00) on shares of D/B/A Chubb Limited New in a report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. D/B/A Chubb Limited New has a consensus rating of “Hold” and an average target price of $156.55.

WARNING: This story was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/11/02/q4-2017-earnings-forecast-for-dba-chubb-limited-new-cb-issued-by-langen-mcalenn.html.

D/B/A Chubb Limited New (NYSE:CB) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.11. D/B/A Chubb Limited New had a return on equity of 7.22% and a net margin of 12.15%. The business had revenue of $7.36 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the previous year, the firm earned $2.88 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Thursday, September 28th. D/B/A Chubb Limited New’s payout ratio is currently 34.05%.

In related news, insider Philip V. Bancroft sold 47,049 shares of D/B/A Chubb Limited New stock in a transaction on 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 transaction, the insider now directly owns 344,560 shares in the company, valued at $51,291,201.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Juan C. Andrade sold 5,000 shares of D/B/A Chubb Limited New stock in a transaction on Monday, August 7th. The shares were 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 disclosure for this sale can be found here. Insiders sold 68,723 shares of company stock valued at $10,287,046 in the last ninety days. 0.43% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in D/B/A Chubb Limited New by 2.4% during the second quarter. Vanguard Group Inc. now owns 35,320,686 shares of the financial services provider’s stock valued at $5,134,923,000 after purchasing an additional 838,652 shares in the last quarter. BlackRock Inc. lifted its position in D/B/A Chubb Limited New by 1.4% during the second quarter. BlackRock Inc. now owns 29,312,701 shares of the financial services provider’s stock valued at $4,261,481,000 after purchasing an additional 409,574 shares in the last quarter. FMR LLC lifted its position in D/B/A Chubb Limited New by 1.0% during the first quarter. FMR LLC now owns 29,155,749 shares of the financial services provider’s stock valued at $3,972,471,000 after purchasing an additional 294,867 shares in the last quarter. State Street Corp lifted its position in D/B/A Chubb Limited New by 1.0% during the first quarter. State Street Corp now owns 22,102,116 shares of the financial services provider’s stock valued at $3,011,419,000 after purchasing an additional 212,643 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in D/B/A Chubb Limited New by 1.5% during the first quarter. Bank of America Corp DE now owns 9,794,936 shares of the financial services provider’s stock valued at $1,334,559,000 after purchasing an additional 145,358 shares in the last quarter. Institutional investors own 86.99% 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.

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

Receive News & Ratings for D/B/A Chubb Limited New Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D/B/A Chubb Limited New and related companies with MarketBeat.com's FREE daily email newsletter.