White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 53.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 689 shares of the insurance provider's stock after selling 787 shares during the period. SG Americas Securities LLC's holdings in White Mountains Insurance Group were worth $1,327,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Savant Capital LLC lifted its position in shares of White Mountains Insurance Group by 10.0% during the fourth quarter. Savant Capital LLC now owns 143 shares of the insurance provider's stock worth $278,000 after purchasing an additional 13 shares in the last quarter. Rhumbline Advisers lifted its holdings in White Mountains Insurance Group by 0.4% during the 4th quarter. Rhumbline Advisers now owns 4,549 shares of the insurance provider's stock worth $8,848,000 after buying an additional 16 shares in the last quarter. Principal Securities Inc. lifted its holdings in White Mountains Insurance Group by 6.9% during the 4th quarter. Principal Securities Inc. now owns 185 shares of the insurance provider's stock worth $360,000 after buying an additional 12 shares in the last quarter. Global Retirement Partners LLC boosted its position in White Mountains Insurance Group by 28.4% in the 4th quarter. Global Retirement Partners LLC now owns 262 shares of the insurance provider's stock valued at $510,000 after buying an additional 58 shares during the period. Finally, Handelsbanken Fonder AB acquired a new position in shares of White Mountains Insurance Group in the fourth quarter worth $1,167,000. Institutional investors and hedge funds own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Stock Down 0.5%

WTM stock traded down $8.67 during mid-day trading on Friday, reaching $1,741.78. The company had a trading volume of 15,089 shares, compared to its average volume of 14,379. The firm has a fifty day simple moving average of $1,777.08 and a 200 day simple moving average of $1,846.95. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of 160.53 and a beta of 0.36. 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.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released 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). White Mountains Insurance Group had a return on equity of 5.01% and a net margin of 1.29%. The firm had revenue of $472.20 million for the quarter.

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.