White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Select Equity Group L.P.

Select Equity Group L.P. cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 20.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,599 shares of the insurance provider’s stock after selling 7,064 shares during the quarter. Select Equity Group L.P.’s holdings in White Mountains Insurance Group were worth $53,682,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. AMG National Trust Bank lifted its holdings in shares of White Mountains Insurance Group by 1.2% during the fourth quarter. AMG National Trust Bank now owns 572 shares of the insurance provider’s stock worth $1,104,000 after purchasing an additional 7 shares during the period. Arizona State Retirement System lifted its holdings in shares of White Mountains Insurance Group by 0.9% during the fourth quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock worth $1,451,000 after purchasing an additional 7 shares during the period. Main Street Financial Solutions LLC lifted its holdings in shares of White Mountains Insurance Group by 0.7% during the fourth quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider’s stock worth $1,963,000 after purchasing an additional 7 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of White Mountains Insurance Group by 5.4% during the fourth quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider’s stock worth $266,000 after purchasing an additional 7 shares during the period. Finally, GeoWealth Management LLC lifted its holdings in shares of White Mountains Insurance Group by 26.9% during the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock worth $64,000 after purchasing an additional 7 shares during the period. 88.65% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday.

White Mountains Insurance Group Trading Up 0.1%

NYSE:WTM opened at $1,802.31 on Friday. The stock has a fifty day moving average price of $1,801.81 and a two-hundred day moving average price of $1,868.16. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 20.03 and a beta of 0.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($14.00) by ($6.50). The business had revenue of $472.20 million during the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were given a $1.00 dividend. This represents a yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group’s payout ratio is 9.22%.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.