XL Group Ltd. (NYSE:XL) – Equities research analysts at Langen Mcalenn issued their Q1 2019 earnings per share (EPS) estimates for XL Group in a note issued to investors on Tuesday. Langen Mcalenn analyst L. Greenberg anticipates that the insurance provider will post earnings per share of $1.00 for the quarter. Langen Mcalenn also issued estimates for XL Group’s Q2 2019 earnings at $1.05 EPS and Q3 2019 earnings at $0.85 EPS.

XL Group (NYSE:XL) last released its earnings results on Thursday, February 1st. The insurance provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. XL Group had a negative return on equity of 4.25% and a negative net margin of 4.95%. The company had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the company posted $0.47 EPS.

A number of other research analysts have also commented on the company. Deutsche Bank lowered XL Group from a “hold” rating to a “sell” rating and lowered their price target for the company from $42.00 to $37.00 in a research report on Friday, October 13th. Barclays lowered their price target on XL Group from $51.00 to $47.00 and set an “overweight” rating for the company in a research report on Monday, October 16th. TheStreet lowered XL Group from a “b” rating to a “c” rating in a research report on Tuesday, October 24th. UBS Group upped their price target on XL Group from $44.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, B. Riley reaffirmed a “neutral” rating on shares of XL Group in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $44.67.

XL Group (XL) traded up $0.59 during midday trading on Thursday, hitting $41.86. The stock had a trading volume of 5,170,000 shares, compared to its average volume of 3,890,000. XL Group has a 12 month low of $33.77 and a 12 month high of $47.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.35 and a current ratio of 0.08. The company has a market cap of $10,560.00, a price-to-earnings ratio of -19.38, a PEG ratio of 1.25 and a beta of 0.95.

In other news, Director John Kcb Vereker sold 2,697 shares of the stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $36.59, for a total value of $98,683.23. Following the completion of the transaction, the director now owns 66,455 shares of the company’s stock, valued at approximately $2,431,588.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Stephen Robb sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $40.00, for a total value of $800,000.00. The disclosure for this sale can be found here. Insiders sold a total of 112,697 shares of company stock valued at $4,493,383 in the last three months. Corporate insiders own 3.02% of the company’s stock.

Several large investors have recently made changes to their positions in the company. HighTower Advisors LLC raised its position in shares of XL Group by 4.4% in the 2nd quarter. HighTower Advisors LLC now owns 8,708 shares of the insurance provider’s stock worth $382,000 after acquiring an additional 370 shares in the last quarter. Stifel Financial Corp raised its position in shares of XL Group by 2.8% in the 2nd quarter. Stifel Financial Corp now owns 14,878 shares of the insurance provider’s stock worth $650,000 after acquiring an additional 406 shares in the last quarter. Advisor Group Inc. grew its stake in shares of XL Group by 22.1% in the 2nd quarter. Advisor Group Inc. now owns 4,122 shares of the insurance provider’s stock worth $180,000 after buying an additional 747 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of XL Group by 5.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 24,146 shares of the insurance provider’s stock worth $957,000 after buying an additional 1,300 shares during the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in shares of XL Group by 4.2% in the 3rd quarter. Mutual of America Capital Management LLC now owns 33,322 shares of the insurance provider’s stock worth $1,315,000 after buying an additional 1,345 shares during the last quarter. 98.65% of the stock is owned by hedge funds and other institutional investors.

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About XL Group

XL Group plc is an insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises. The Company operates through two segments: Insurance and Reinsurance. The Company’s Insurance segment is organized into four product divisions: Global Casualty (Casualty); Global Energy Property, & Construction (EPC); Global Professional (Professional), and Global Specialty (Specialty).

Earnings History and Estimates for XL Group (NYSE:XL)

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