$0.88 EPS Expected for Independent Bank (INDB), Chubb (CB) Has 0.83 Sentiment

July 14, 2017 - By Marguerite Chambers

Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance services and products to clients around the world. The company has market cap of $67.63 billion. The Company’s divisions include North America Commercial property and casualty Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It has a 14.27 P/E ratio. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management.

Analysts expect Independent Bank Corp (NASDAQ:INDB) to report $0.88 EPS on July, 20.They anticipate $0.10 EPS change or 12.82% from last quarter’s $0.78 EPS. INDB’s profit would be $23.89 million giving it 19.05 P/E if the $0.88 EPS is correct. After having $0.78 EPS previously, Independent Bank Corp’s analysts see 12.82% EPS growth. The stock decreased 0.22% or $0.15 during the last trading session, reaching $67.05. About shares traded. Independent Bank Corp (NASDAQ:INDB) has risen 30.83% since July 14, 2016 and is uptrending. It has outperformed by 14.13% the S&P500.

Woodley Farra Manion Portfolio Management Inc holds 2.54% of its portfolio in Chubb Ltd for 141,562 shares. Penobscot Investment Management Company Inc. owns 42,482 shares or 1.94% of their US portfolio. Moreover, Connors Investor Services Inc has 1.68% invested in the company for 74,388 shares. The Connecticut-based Axiom International Investors Llc De has invested 1.37% in the stock. Benedict Financial Advisors Inc, a Georgia-based fund reported 16,812 shares.

Analysts await Chubb Ltd (NYSE:CB) to report earnings on July, 25. They expect $2.56 earnings per share, up 13.78% or $0.31 from last year’s $2.25 per share. CB’s profit will be $1.20B for 14.15 P/E if the $2.56 EPS becomes a reality. After $2.48 actual earnings per share reported by Chubb Ltd for the previous quarter, Wall Street now forecasts 3.23% EPS growth.

The stock increased 0.28% or $0.41 during the last trading session, reaching $144.85. About shares traded. Chubb Ltd (CB) has risen 10.92% since July 14, 2016 and is uptrending. It has underperformed by 5.78% the S&P500.

Independent Bank Corp. is a bank holding company. The company has market cap of $1.82 billion. The Firm operates through its subsidiary, Rockland Trust Company . It has a 22.68 P/E ratio. The Bank is a community-oriented commercial bank.

Investors sentiment decreased to 1.52 in Q4 2016. Its down 0.10, from 1.62 in 2016Q3. It dropped, as 7 investors sold Independent Bank Corp shares while 47 reduced holdings. 29 funds opened positions while 53 raised stakes. 20.24 million shares or 0.39% less from 20.32 million shares in 2016Q3 were reported. Jpmorgan Chase & holds 0% of its portfolio in Independent Bank Corp (NASDAQ:INDB) for 138,858 shares. Century holds 0% or 13,482 shares. Credit Suisse Ag holds 0% or 30,448 shares in its portfolio. Delta Asset Mgmt Ltd Company Tn holds 0.01% of its portfolio in Independent Bank Corp (NASDAQ:INDB) for 690 shares. Walthausen Company stated it has 96,608 shares. Legal & General Group Public Llc accumulated 0% or 48,010 shares. Middleton & Communications Ma reported 8,276 shares or 0.13% of all its holdings. First Trust Advsr L P, Illinois-based fund reported 62,816 shares. State Of Tennessee Treasury Department holds 0.01% or 20,995 shares. Capstone Asset Management Company holds 5,876 shares. Prudential Public Ltd Com holds 0.07% or 278,400 shares. Btim invested 0.39% of its portfolio in Independent Bank Corp (NASDAQ:INDB). Bollard Gru Limited Com has 2,360 shares. Pub Sector Pension Invest Board has 0.01% invested in Independent Bank Corp (NASDAQ:INDB) for 19,141 shares. Ls Advsr Lc has invested 0.01% of its portfolio in Independent Bank Corp (NASDAQ:INDB).

Among 7 analysts covering Independent Bank (NASDAQ:INDB), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Independent Bank had 13 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 22 by Compass Point. Sandler O’Neill downgraded the shares of INDB in report on Wednesday, August 31 to “Sell” rating. The firm has “Neutral” rating by Compass Point given on Wednesday, March 29. The stock of Independent Bank Corp (NASDAQ:INDB) has “Neutral” rating given on Friday, October 16 by Compass Point. The rating was maintained by Keefe Bruyette & Woods on Monday, June 26 with “Hold”. The firm earned “Buy” rating on Wednesday, August 26 by Zacks. The stock has “Sell” rating by Compass Point on Tuesday, September 20. The rating was upgraded by Zacks on Thursday, August 20 to “Hold”.

Since January 25, 2017, it had 0 insider buys, and 7 selling transactions for $1.12 million activity. ODDLEIFSON CHRISTOPHER also sold $79,178 worth of Independent Bank Corp (NASDAQ:INDB) on Wednesday, February 1. On Thursday, May 25 the insider RIBEIRO CARL sold $62,240. MISKELL EILEEN C sold $60,100 worth of stock or 1,000 shares. SULLIVAN MAURICE H JR also sold $276,367 worth of Independent Bank Corp (NASDAQ:INDB) on Friday, March 10. Nadeau Gerard F had sold 6,103 shares worth $388,811. SEKSAY EDWARD H also sold $126,400 worth of Independent Bank Corp (NASDAQ:INDB) shares.

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