Gateway Investment Advisers LLC and
SG Americas Securities LLC have both reduced their stakes in
Chubb Limited (CB), selling shares. Despite this,
Chubb Limited board declared a
quarterly dividend totaling $0.91 as part of their Q2 2024 Earnings Call. There has been an extensive search by investors for details about
Chubb Limited's stock, suggesting a high interest in the company. Chubb also reported it would increase its dividend by 5.8%, which has received positive reception from investors. Despite this, the company has received a consensus rating of 'hold' from brokerages.
Berkshire Hathaway's recent
investment in the company has drawn more attention to it. The Q1 2024 Earnings Call for Chubb highlighted their solid performance and exceeding core operating income and premiums. Chubb was also highlighted for its 'very strong' start following their Q1 earnings.
Warren Buffett's Berkshire has a significant $6.7 billion stake in Chubb, driving shares higher despite concerns of insider sales. The dividend analysis for
Chubb Limited predicts a healthy financial future for the company.
Chubb Limited CB News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sun, 11 Aug 2024 16:29:42 GMT -
Rating 7
- Innovation 3
- Information 4
- Rumor -5
