D. E. Shaw & Co. Inc. Sells 521 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

D. E. Shaw & Co. Inc. decreased its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 16.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,719 shares of the insurance provider's stock after selling 521 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.11% of White Mountains Insurance Group worth $5,289,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in WTM. Huntington National Bank boosted its position in shares of White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after acquiring an additional 8 shares in the last quarter. GeoWealth Management LLC lifted its stake in White Mountains Insurance Group by 26.9% during the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after purchasing an additional 7 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at $117,000. Tower Research Capital LLC TRC increased its stake in shares of White Mountains Insurance Group by 66.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock valued at $117,000 after purchasing an additional 24 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of White Mountains Insurance Group by 32.0% in the 4th 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. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Trading Up 0.1%

Shares of NYSE WTM opened at $1,802.31 on Friday. The firm has a 50 day moving average price of $1,801.81 and a two-hundred day moving average price of $1,868.16. The stock has a market cap of $4.64 billion, a P/E ratio of 20.03 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 52-week low of $1,666.22 and a 52-week high of $2,023.00. 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 released its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) 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 business had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Stockholders 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 dividend yield of 0.05%. White Mountains Insurance Group's dividend payout ratio is currently 9.22%.

Analysts Set New Price Targets

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

White Mountains Insurance Group 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.

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