Cooke & Bieler LP Reduces Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

Cooke & Bieler LP lowered its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 106,579 shares of the insurance provider’s stock after selling 1,272 shares during the period. White Mountains Insurance Group makes up about 2.3% of Cooke & Bieler LP’s investment portfolio, making the stock its 7th largest holding. Cooke & Bieler LP’s holdings in White Mountains Insurance Group were worth $221,474,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of WTM. Miller Global Investments LLC bought a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $25,000. Torren Management LLC bought a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $27,000. Ameriflex Group Inc. bought a new position in shares of White Mountains Insurance Group in the third quarter valued at $33,000. Geneos Wealth Management Inc. increased its holdings in shares of White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after buying an additional 13 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $42,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $2,146.56 on Monday. The stock has a market cap of $5.32 billion, a PE ratio of 5.28 and a beta of 0.32. The business has a fifty day simple moving average of $2,202.02 and a 200-day simple moving average of $2,115.98. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The company had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million.

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 25th. Stockholders of record on Monday, March 16th were issued a dividend of $1.00 per share. This represents a dividend yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group’s payout ratio is currently 0.25%.

Analysts Set New Price Targets

Several research firms have issued reports on WTM. Weiss Ratings cut White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, May 7th. Wall Street Zen downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

White Mountains Insurance Group Company 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.