OneBeacon Insurance Group, Ltd. (NYSE:OB) Director Patrick A. Thiele sold 20,146 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $18.16, for a total transaction of $365,851.36. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of OneBeacon Insurance Group, Ltd. (OB) opened at 18.18 on Wednesday. The firm has a market cap of $1.72 billion, a P/E 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. The stock’s 50 day moving average is $18.23 and its 200-day moving average is $17.04.

OneBeacon Insurance Group (NYSE:OB) last issued its quarterly earnings results on Friday, August 4th. The financial services provider reported ($0.09) EPS for the quarter, missing the 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. Analysts anticipate that OneBeacon Insurance Group, Ltd. will post $0.53 EPS for the current fiscal year.

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A number of institutional investors have recently modified their holdings of OB. Oxford Asset Management bought a new position in shares of OneBeacon Insurance Group during the first quarter valued at approximately $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 during the period. 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 during the period. Gamco Investors INC. ET AL bought a new position in shares of OneBeacon Insurance Group during the second quarter valued at approximately $235,000. Finally, 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 during the period. 17.84% of the stock is owned by hedge funds and other institutional investors.

OB has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of OneBeacon Insurance Group from a “sell” rating to a “hold” rating in a report on Friday, June 23rd. Zacks Investment Research downgraded shares of OneBeacon Insurance Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 12th. Finally, TheStreet upgraded shares of OneBeacon Insurance Group from a “c+” rating to a “b-” rating in a report on Wednesday, April 26th.

About OneBeacon Insurance Group

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.

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