Renaissance Technologies LLC Trims Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Renaissance Technologies LLC decreased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 68.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 600 shares of the insurance provider's stock after selling 1,300 shares during the period. Renaissance Technologies LLC's holdings in White Mountains Insurance Group were worth $1,167,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in WTM. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group in the 4th quarter valued at $37,000. Versant Capital Management Inc increased its stake in White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock worth $37,000 after buying an additional 9 shares in the last quarter. Huntington National Bank lifted its position in shares of White Mountains Insurance Group by 57.1% in the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 8 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth approximately $103,000. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $117,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Trading Up 2.7 %

NYSE WTM traded up $47.76 on Friday, reaching $1,794.69. The stock had a trading volume of 14,392 shares, compared to its average volume of 13,598. White Mountains Insurance Group, Ltd. has a 12-month low of $1,666.22 and a 12-month high of $2,023.00. The stock has a fifty day moving average price of $1,814.75 and a two-hundred day moving average price of $1,871.31. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 19.94 and a beta of 0.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share for 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 Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group's payout ratio is 1.11%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered White Mountains Insurance Group from a "hold" rating to a "sell" rating in a report on Monday, February 10th.

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.