Economy

Hot Stock Overview: Chubb Limited (CB)

Insiders have sold a total of 136,848 shares of company stock worth $20,231,762 in the last quarter. The value of the investment in (CB) went from $218,000 to $216,000,000 a change of $215,782,000 quarter to quarter. TIAA CREF Investment Management LLC now owns 5,088,532 shares of the company's stock worth $639,374,000 after buying an additional 363,013 shares during the period. "Grows Holdings in D/B/A Chubb Limited New (CB)" was first published by StockNewsTimes and is owned by of StockNewsTimes. Now trading with a market value of 68.27B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Douglass Winthrop Advisors LLC's holdings in D/B/A Chubb Limited New were worth $3,859,000 at the end of the most recent reporting period.

Chubb Limited (CB) belonging to the Financial Services sector has surged 3.57% and closed its last trading session at $145.88. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.69% with $462.92 Million sitting short, betting on future declines. D/B/A Chubb Limited New has a 12 month low of $121.48 and a 12 month high of $150.28. Vanguard Group Inc owns $4.97 billion in Chubb Limited, which represents roughly 7.29% of the company's market cap and approximately 8.56% of the institutional ownership. Volume was up 189.78% over the stocks average daily volume.

D/B/A Chubb Limited New (NYSE:CB) last released its earnings results on Tuesday, July 25th.

The company's Average Earnings Estimate for the Current Fiscal quarter is $2.63, according to consensus of 12 analysts. The company beat the analyst EPS Estimate with the difference of $0.3. Chubb Limited's Return on Equity (ROE) of 10.90% reveals how much profit they generate with money from shareholders. D/B/A Chubb Limited New's quarterly revenue was down.8% compared to the same quarter a year ago. Ltd. now owns 79,504 shares of the financial services provider's stock worth $10,832,000 after purchasing an additional 2,804 shares during the last quarter. In the latest earnings report the EPS was $11.38 and is expected to be $10.25 for the current year with 465,416,000 shares presently outstanding.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be given a dividend of $0.71 per share. The ex-dividend date is set for Wednesday the 28th of June 2017. Chubb Limited (CB) is intriguing when broken down to its core data.

CB has been the subject of a number of research reports. Zacks Investment Research raised D/B/A Chubb Limited New from a "sell" rating to a "hold" rating in a research report on Monday, July 31st. William Blair lowered shares of D/B/A Chubb Limited New from a "market perform" rating to an "underperform" rating in a report on Thursday, November 17th. Citigroup Inc. upped their target price on D/B/A Chubb Limited New from $160.00 to $170.00 and gave the company a "neutral" rating in a research report on Thursday, July 13th. Finally, Keybank National Association OH boosted its stake in D/B/A Chubb Limited New by 2.2% in the 2nd quarter. Finally, Goldman Sachs Group, Inc. The stock has been active on the tape, now trading at $145.88, up from yesterday's close by 3.57%. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the stock. D/B/A Chubb Limited New has an average rating of "Buy" and an average price target of $154.09. The shares were sold on July 31st for an average price of $146.52. Following the completion of the sale, the chief executive officer now owns 1,487,338 shares in the company, valued at $197,771,333.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CB is now undervalued by -7.16% relative to the average 1-year price target of $157.13 taken from a group of Wall Street Analysts. Philip V. Bancroft, Executive Vice President* sold $7,003,714 worth of shares at an average price of $148.86 on August 9th. The disclosure for this sale can be found here. Benjamin F. Edwards & Company Inc. now owns 2,438 shares of the financial services provider's stock valued at $354,000 after buying an additional 22 shares in the last quarter. This continues to be an interesting story, and we look forward to updating it again soon on Chubb Limited. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. The Company's segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.

Several other hedge funds have also recently bought and sold shares of CB.



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