Hyman Charles D Cuts Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Hyman Charles D lowered its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 305 shares of the insurance provider’s stock after selling 45 shares during the period. Hyman Charles D’s holdings in White Mountains Insurance Group were worth $459,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in WTM. Allworth Financial LP purchased a new position in White Mountains Insurance Group in the fourth quarter valued at about $26,000. GAMMA Investing LLC purchased a new position in White Mountains Insurance Group in the fourth quarter valued at about $33,000. Gladius Capital Management LP grew its stake in White Mountains Insurance Group by 500.0% in the third quarter. Gladius Capital Management LP now owns 24 shares of the insurance provider’s stock valued at $36,000 after purchasing an additional 20 shares during the last quarter. Blue Trust Inc. grew its stake in White Mountains Insurance Group by 38.1% in the fourth quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 8 shares during the last quarter. Finally, Anchor Investment Management LLC purchased a new position in White Mountains Insurance Group in the fourth quarter valued at about $75,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM traded up $3.39 during midday trading on Tuesday, reaching $1,858.63. 14,873 shares of the company’s stock traded hands, compared to its average volume of 8,312. White Mountains Insurance Group, Ltd. has a 1 year low of $1,319.05 and a 1 year high of $1,899.21. The company has a market cap of $4.78 billion, a P/E ratio of 9.36 and a beta of 0.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94. The company has a fifty day simple moving average of $1,766.21 and a two-hundred day simple moving average of $1,622.76.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The firm had revenue of $453.80 million for the quarter.

White Mountains Insurance Group Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 8th. This represents a dividend yield of 0.06%. White Mountains Insurance Group’s dividend payout ratio (DPR) is 0.50%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th. StockNews.com lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 13th.

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.