OneBeacon Insurance Group, Ltd. (OB) Insider Paul H. Mcdonough Sells 4,000 Shares

OneBeacon Insurance Group, Ltd. (NYSE:OB) insider Paul H. Mcdonough sold 4,000 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $18.21, for a total value of $72,840.00. Following the completion of the transaction, the insider now directly owns 53,627 shares of the company’s stock, valued at approximately $976,547.67. The sale was disclosed in a filing with the SEC, which is accessible through this link.

OneBeacon Insurance Group, Ltd. (OB) traded down 0.11% during mid-day trading on Monday, hitting $18.17. The company had a trading volume of 151,964 shares. The firm has a market capitalization of $1.72 billion, a PE ratio of 18.52 and a beta of 0.56. The company has a 50 day moving average of $18.07 and a 200 day moving average of $16.44. OneBeacon Insurance Group, Ltd. has a 1-year low of $12.66 and a 1-year high of $18.48.

OneBeacon Insurance Group (NYSE:OB) last issued its quarterly earnings data on Tuesday, May 2nd. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.06. OneBeacon Insurance Group had a return on equity of 6.76% and a net margin of 7.96%. The business had revenue of $277.40 million during the quarter, compared to analyst estimates of $293.60 million. Analysts predict that OneBeacon Insurance Group, Ltd. will post $0.65 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 22nd. Investors of record on Friday, June 9th will be given a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $0.84 annualized dividend and a dividend yield of 4.62%. OneBeacon Insurance Group’s dividend payout ratio is presently 84.85%.

WARNING: “OneBeacon Insurance Group, Ltd. (OB) Insider Paul H. Mcdonough Sells 4,000 Shares” was first reported by BBNS and is owned by of BBNS. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The original version of this article can be viewed at https://baseballnewssource.com/markets/onebeacon-insurance-group-ltd-ob-insider-paul-h-mcdonough-sells-4000-shares/1044147.html.

Institutional investors have recently modified their holdings of the stock. Oxford Asset Management acquired a new position in shares of OneBeacon Insurance Group during the first quarter valued at about $169,000. Nwam LLC raised its position in shares of OneBeacon Insurance Group by 4.6% in the first quarter. Nwam LLC now owns 11,055 shares of the financial services provider’s stock valued at $177,000 after buying an additional 482 shares in the last quarter. American International Group Inc. raised its position in shares of OneBeacon Insurance Group by 7.1% in the first quarter. American International Group Inc. now owns 12,288 shares of the financial services provider’s stock valued at $197,000 after buying an additional 819 shares in the last quarter. TFS Capital LLC raised its position in shares of OneBeacon Insurance Group by 7.2% in the first quarter. TFS Capital LLC now owns 15,221 shares of the financial services provider’s stock valued at $244,000 after buying an additional 1,018 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of OneBeacon Insurance Group during the fourth quarter valued at about $258,000. Institutional investors and hedge funds own 18.47% of the company’s stock.

Several analysts recently weighed in on OB shares. Zacks Investment Research downgraded OneBeacon Insurance Group from a “buy” rating to a “hold” rating in a research note on Wednesday, April 12th. TheStreet upgraded OneBeacon Insurance Group from a “c+” rating to a “b-” rating in a research note on Wednesday, April 26th.

OneBeacon Insurance Group Company Profile

OneBeacon Insurance Group, Ltd. (OneBeacon) is a specialty property and casualty insurance writer that offers a range of insurance products in the United States. The Company’s segments include Specialty Products, Specialty Industries, and Investing, Financing and Corporate. As of December 31, 2016, the Specialty Products segment consisted of 10 underwriting operating segments representing an aggregation based on those that offer products, coverages and services to customers across the United States.

Receive News & Ratings for OneBeacon Insurance Group Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneBeacon Insurance Group Ltd. and related companies with our FREE daily email newsletter.

 


Latest News

Hitters in Major League Baseball on Record Home Run Pace
Hitters in Major League Baseball on Record Home Run Pace
Atlanta Considering Playing Freddie Freeman at Third
Atlanta Considering Playing Freddie Freeman at Third
Injury to Gleyber Torres Adds to Questions About Yankees
Injury to Gleyber Torres Adds to Questions About Yankees
Game Winning Home Run Completes Nolan Arenado Cycle
Game Winning Home Run Completes Nolan Arenado Cycle
New York Yankees and Masahiro Tanaka Hit Hard Again
New York Yankees and Masahiro Tanaka Hit Hard Again
Victor Martinez Diagnosed with Irregular Heartbeat
Victor Martinez Diagnosed with Irregular Heartbeat


Leave a Reply

 
© 2006-2017 BBNS.