OneBeacon Insurance Group, Ltd. (NYSE:OB) Director Patrick A. Thiele sold 20,146 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $18.16, for a total transaction of $365,851.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

OneBeacon Insurance Group, Ltd. (NYSE OB) traded up 0.17% during mid-day trading on Tuesday, hitting $18.18. 145,660 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $18.23 and its 200-day moving average price is $17.04. The stock has a market cap of $1.72 billion, a PE ratio of 18.53 and a beta of 0.57. OneBeacon Insurance Group, Ltd. has a one year low of $13.63 and a one year high of $18.48.

OneBeacon Insurance Group (NYSE:OB) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.24. OneBeacon Insurance Group had a return on equity of 5.14% and a net margin of 5.88%. The company had revenue of $294 million for the quarter, compared to analyst estimates of $295.10 million. On average, analysts forecast that OneBeacon Insurance Group, Ltd. will post $0.53 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “OneBeacon Insurance Group, Ltd. (OB) Director Sells $365,851.36 in Stock” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at https://www.americanbankingnews.com/2017/08/08/onebeacon-insurance-group-ltd-ob-director-sells-365851-36-in-stock.html.

Institutional investors have recently made changes to their positions in the company. Oxford Asset Management bought a new position in shares of OneBeacon Insurance Group during the first quarter worth approximately $169,000. Nwam LLC increased 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 worth $177,000 after buying an additional 482 shares in the last quarter. American International Group Inc. increased 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 worth $197,000 after buying an additional 819 shares in the last quarter. Gamco Investors INC. ET AL bought a new position in shares of OneBeacon Insurance Group during the second quarter worth approximately $235,000. Finally, TFS Capital LLC increased 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 worth $244,000 after buying an additional 1,018 shares in the last quarter. 17.84% of the stock is owned by institutional investors and hedge funds.

Several research firms have commented on OB. BidaskClub lowered shares of OneBeacon Insurance Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. TheStreet raised shares of OneBeacon Insurance Group from a “c+” rating to a “b-” rating in a research report on Wednesday, April 26th. Finally, Zacks Investment Research lowered shares of OneBeacon Insurance Group from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th.

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 MarketBeat.com's FREE daily email newsletter.