White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC reduced its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 41.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 320 shares of the insurance provider's stock after selling 226 shares during the quarter. Cresset Asset Management LLC's holdings in White Mountains Insurance Group were worth $622,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC lifted its stake in White Mountains Insurance Group by 101.9% in the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after purchasing an additional 581 shares in the last quarter. Franklin Resources Inc. lifted its stake in White Mountains Insurance Group by 17.6% during the 3rd quarter. Franklin Resources Inc. now owns 354 shares of the insurance provider's stock worth $654,000 after acquiring an additional 53 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in White Mountains Insurance Group during the fourth quarter worth approximately $103,000. Park Avenue Securities LLC raised its stake in shares of White Mountains Insurance Group by 13.5% during the 4th quarter. Park Avenue Securities LLC now owns 598 shares of the insurance provider's stock worth $1,163,000 after buying an additional 71 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new position in White Mountains Insurance Group in the 4th quarter valued at $241,000. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

NYSE WTM traded up $8.39 during trading on Monday, reaching $1,808.59. 17,680 shares of the company's stock were exchanged, compared to its average volume of 13,599. The business has a 50 day moving average price of $1,801.81 and a 200-day moving average price of $1,868.98. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,666.22 and a fifty-two week high of $2,023.00. 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 stock has a market capitalization of $4.66 billion, a P/E ratio of 20.12 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results 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). White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%. The company had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were paid 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 dividend payout ratio (DPR) is presently 9.22%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th.

About White Mountains Insurance Group

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.