Robeco Institutional Asset Management B.V. Trims Stake in White Mountains Insurance Group, Ltd. $WTM

Robeco Institutional Asset Management B.V. decreased its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 96.4% during the fourth quarter, Holdings Channel reports. The fund owned 623 shares of the insurance provider’s stock after selling 16,616 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in White Mountains Insurance Group were worth $1,295,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WTM. Miller Global Investments LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $25,000. Ameriflex Group Inc. purchased a new position in shares of White Mountains Insurance Group during the 3rd quarter worth approximately $33,000. Geneos Wealth Management Inc. grew its holdings in shares of White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares during the period. Covestor Ltd grew its holdings in shares of White Mountains Insurance Group by 366.7% during the 3rd quarter. Covestor Ltd now owns 28 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 22 shares during the period. Finally, Quarry LP purchased a new position in shares of White Mountains Insurance Group during the 3rd quarter worth approximately $52,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $2,318.51 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $5.75 billion, a P/E ratio of 5.36 and a beta of 0.35. The stock’s 50 day moving average is $2,209.90 and its 200 day moving average is $2,063.97. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing the consensus estimate of $379.45 by ($339.68). The company had revenue of $1.60 billion during the quarter. White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 25th. Investors of record on Monday, March 16th were paid a $1.00 dividend. The ex-dividend date was Monday, March 16th. This represents a dividend yield of 5.0%. White Mountains Insurance Group’s dividend payout ratio is presently 0.23%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on WTM shares. Wall Street Zen downgraded White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings upgraded White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, White Mountains Insurance Group has a consensus rating of “Buy”.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.