UBS Group AG reduced its stake in shares of OneBeacon Insurance Group, Ltd. (NYSE:OB) by 22.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,896 shares of the financial services provider’s stock after selling 2,533 shares during the period. UBS Group AG’s holdings in OneBeacon Insurance Group were worth $142,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Oxford Asset Management acquired a new stake in OneBeacon Insurance Group during the first quarter valued at $169,000. Nwam LLC boosted its stake in 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 last quarter. American International Group Inc. boosted its stake in 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 last quarter. TFS Capital LLC boosted its stake in 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 last quarter. Finally, Highbridge Capital Management LLC acquired a new stake in OneBeacon Insurance Group during the fourth quarter valued at $508,000. Institutional investors and hedge funds own 17.84% of the company’s stock.

OneBeacon Insurance Group, Ltd. (NYSE OB) traded down 0.27% during midday trading on Friday, reaching $18.14. The company’s stock had a trading volume of 21,297 shares. The stock has a 50-day moving average price of $18.23 and a 200 day moving average price of $17.10. The company has a market cap of $1.72 billion, a PE ratio of 25.23 and a beta of 0.57. OneBeacon Insurance Group, Ltd. has a 12 month low of $13.63 and a 12 month high of $18.48.

OneBeacon Insurance Group (NYSE:OB) last released its quarterly earnings results on Friday, August 4th. The financial services provider reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.15 by $0.24. The firm had revenue of $294 million for the quarter, compared to analysts’ expectations of $295.10 million. OneBeacon Insurance Group had a net margin of 5.88% and a return on equity of 5.17%. Analysts expect that OneBeacon Insurance Group, Ltd. will post $0.53 earnings per share for the current fiscal year.

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Several equities research analysts have weighed in on the company. BidaskClub upgraded OneBeacon Insurance Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. TheStreet upgraded OneBeacon Insurance Group from a “c+” rating to a “b-” rating in a research note on Wednesday, April 26th.

In other news, Director Patrick A. Thiele sold 20,146 shares of the business’s stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lowndes Andrew Smith sold 10,000 shares of OneBeacon Insurance Group stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $18.16, for a total transaction of $181,600.00. Following the sale, the director now directly owns 14,664 shares of the company’s stock, valued at $266,298.24. The disclosure for this sale can be found here. Insiders have sold a total of 84,146 shares of company stock valued at $1,534,891 over the last 90 days. Company insiders own 76.60% of the company’s stock.

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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Institutional Ownership by Quarter for OneBeacon Insurance Group (NYSE:OB)

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