D. E. Shaw & Co. Inc. Has $5.29 Million Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

D. E. Shaw & Co. Inc. lowered its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,719 shares of the insurance provider's stock after selling 521 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.11% of White Mountains Insurance Group worth $5,289,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of WTM. Huntington National Bank lifted its holdings in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock valued at $43,000 after purchasing an additional 8 shares during the last quarter. GeoWealth Management LLC boosted its holdings in shares of White Mountains Insurance Group by 26.9% during the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after buying an additional 7 shares during the period. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group in the 4th quarter valued at about $117,000. Tower Research Capital LLC TRC boosted its holdings in shares of White Mountains Insurance Group by 66.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock worth $117,000 after acquiring an additional 24 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its position in shares of White Mountains Insurance Group by 32.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider's stock valued at $193,000 after purchasing an additional 24 shares during the last quarter. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

Shares of WTM stock traded up $2.74 on Thursday, hitting $1,837.75. The company's stock had a trading volume of 13,916 shares, compared to its average volume of 13,759. 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 market capitalization of $4.73 billion, a PE ratio of 20.42 and a beta of 0.34. The stock's 50 day moving average is $1,799.26 and its 200-day moving average is $1,868.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The business had revenue of $472.20 million during 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 firm also recently declared an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were paid a dividend of $1.00 per share. This represents a dividend yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group's payout ratio is currently 9.22%.

Analyst Ratings Changes

Separately, Wall Street Zen raised White Mountains Insurance Group from a "sell" rating to a "hold" rating in a 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.