Vanguard Group Inc. Sells 11,306 Shares of White Mountains Insurance Group, Ltd. $WTM

Key Points

• Vanguard Group trimmed its stake in White Mountains by 4.6%, selling 11,306 shares and now holds 235,698 shares—about 9.28% of the company valued at $489.8 million per its SEC filing.
• White Mountains trades around $2,154 with a market cap of $5.34 billion and a P/E of 4.98; the company reported quarterly EPS of $39.77 (vs. consensus $379.45) and paid a $1.00 annual dividend, about a 5.0% yield.
• Analyst sentiment is mixed—Wall Street Zen downgraded WTM to a "hold" while Weiss Ratings upgraded it to a "buy"—and institutional investors collectively own roughly 88.65% of the stock.

Vanguard Group Inc. cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 4.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 235,698 shares of the insurance provider's stock after selling 11,306 shares during the quarter. Vanguard Group Inc. owned about 9.28% of White Mountains Insurance Group worth $489,788,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in shares of White Mountains Insurance Group by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider's stock valued at $262,792,000 after buying an additional 1,464 shares during the last quarter. Cooke & Bieler LP boosted its stake in White Mountains Insurance Group by 40.5% during the 3rd quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider's stock valued at $180,275,000 after purchasing an additional 31,070 shares during the last quarter. State Street Corp increased its holdings in shares of White Mountains Insurance Group by 4.2% in the 2nd quarter. State Street Corp now owns 57,241 shares of the insurance provider's stock worth $102,789,000 after purchasing an additional 2,297 shares in the last quarter. Mraz Amerine & Associates Inc. increased its holdings in shares of White Mountains Insurance Group by 4.8% in the 3rd quarter. Mraz Amerine & Associates Inc. now owns 22,606 shares of the insurance provider's stock worth $37,787,000 after purchasing an additional 1,030 shares in the last quarter. Finally, M&T Bank Corp purchased a new position in shares of White Mountains Insurance Group in the fourth quarter worth $38,545,000. Institutional investors own 88.65% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WTM shares. Wall Street Zen downgraded White Mountains Insurance Group from a "buy" rating to a "hold" rating in a report on Saturday, April 4th. Weiss Ratings upgraded shares of White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b+)" rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

White Mountains Insurance Group Stock Down 0.6%

WTM stock opened at $2,154.11 on Wednesday. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The business's 50-day moving average is $2,223.99 and its two-hundred day moving average is $2,096.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 4.98 and a beta of 0.32.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its quarterly earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.12%. The firm had revenue of $1.60 billion for the quarter.

White Mountains Insurance Group Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were given a $1.00 dividend. This represents a dividend yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group's dividend payout ratio is presently 0.23%.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange NYSE: WTM, White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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