Chubb Limited (CB) has been in the investment spotlight recently, attracting a lot of investor interest. It has been deemed as both a top value stock for investments and a good dividend-paying stock. Investors such as Financial Strategies Group and Moloney Securities Asset Management have increased their investments while LS Investment Advisors and Principal Financial Group decreased their holdings. Meanwhile, Warren Buffett bought Chubb for Berkshire Hathaway citing it as one of the best values. Despite the net estimated losses from Hurricane Milton amounting to $208-250 million, the company still managed to up its dividend by 5.8%. High points included strong growth in core operating income in the latest Q3 2024 Earnings Call and Chubb's market outperformance for two decades. However, there are concerns as insiders began selling off stock, possibly indicating bearish signals. Insider Sale included Executive Vice President Joseph Wayland and the Chairman & CEO selling shares. Overall, despite few setbacks, Chubb shows strong financials with promising future prospects.
Chubb Limited CB News Analytics from Wed, 20 Mar 2024 07:00:00 GMT to Fri, 08 Nov 2024 14:36:13 GMT -
Rating 7
- Innovation 2
- Information 9
- Rumor -3
