White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Position Lowered by Wells Fargo & Company MN

Wells Fargo & Company MN reduced its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,546 shares of the insurance provider’s stock after selling 35 shares during the period. Wells Fargo & Company MN’s holdings in White Mountains Insurance Group were worth $18,569,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WTM. AMG National Trust Bank grew 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 valued at $1,104,000 after buying an additional 7 shares in the last quarter. Arizona State Retirement System increased its holdings in shares of White Mountains Insurance Group by 0.9% in the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock valued at $1,451,000 after purchasing an additional 7 shares during the period. Huntington National Bank lifted its position in shares of White Mountains Insurance Group by 57.1% in the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 8 shares in the last quarter. Versant Capital Management Inc grew its position in White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares in the last quarter. Finally, Parsons Capital Management Inc. RI lifted its position in White Mountains Insurance Group by 0.7% in the 4th quarter. Parsons Capital Management Inc. RI now owns 1,523 shares of the insurance provider’s stock worth $2,962,000 after buying an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,734.59 on Monday. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,665.71 and a fifty-two week high of $2,023.00. The stock’s 50-day moving average is $1,850.32 and its two-hundred day moving average is $1,875.11. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $4.41 billion, a P/E ratio of 19.28 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were issued a dividend of $1.00 per share. The ex-dividend date was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio (DPR) is currently 1.11%.

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.