XL Group Ltd. (XL) CFO Sells $800,000.00 in Stock
XL Group Ltd. (NYSE:XL) CFO Stephen Robb sold 20,000 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $40.00, for a total transaction of $800,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
XL Group Ltd. (NYSE XL) opened at $41.86 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.35 and a current ratio of 0.08. XL Group Ltd. has a 52 week low of $33.77 and a 52 week high of $47.27. The company has a market cap of $10,560.00, a PE ratio of -19.38, a price-to-earnings-growth ratio of 1.25 and a beta of 0.95.
XL Group (NYSE:XL) last issued its earnings results on Thursday, February 1st. The insurance provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. XL Group had a negative net margin of 4.95% and a negative return on equity of 4.25%. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the previous year, the firm earned $0.47 earnings per share. equities analysts predict that XL Group Ltd. will post 3.68 EPS for the current fiscal year.
A number of equities analysts recently weighed in on XL shares. Barclays restated a “buy” rating and set a $42.00 price target on shares of XL Group in a research report on Tuesday, January 9th. Zacks Investment Research lowered shares of XL Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 13th. Royal Bank of Canada restated a “buy” rating and set a $46.00 price target on shares of XL Group in a research report on Friday, December 8th. Credit Suisse Group boosted their price target on shares of XL Group from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Finally, Citigroup boosted their price target on shares of XL Group from $40.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $44.67.
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XL Group Company Profile
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).
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