Renaissance Technologies LLC Sells 1,300 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Renaissance Technologies LLC decreased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 68.4% during the fourth quarter, according to the company in its most recent filing 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 as of its most recent filing with the SEC.

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

Analyst Ratings Changes

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

White Mountains Insurance Group Price Performance

WTM traded up $25.11 during trading on Monday, hitting $1,772.04. The company's stock had a trading volume of 14,392 shares, compared to its average volume of 13,561. The firm's 50 day moving average price is $1,814.75 and its two-hundred day moving average price is $1,871.55. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 19.65 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 12 month low of $1,666.22 and a 12 month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced 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 Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, March 26th. Investors 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 dividend payout ratio (DPR) is 1.11%.

White Mountains Insurance Group Company 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.