Southeastern Asset Management Inc. TN Sells 1,494 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Southeastern Asset Management Inc. TN lowered its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,244 shares of the insurance provider's stock after selling 1,494 shares during the period. White Mountains Insurance Group accounts for approximately 1.8% of Southeastern Asset Management Inc. TN's holdings, making the stock its 22nd biggest holding. Southeastern Asset Management Inc. TN owned 0.75% of White Mountains Insurance Group worth $37,431,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cooke & Bieler LP bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at about $66,268,000. Raymond James Financial Inc. bought a new stake in White Mountains Insurance Group during the 4th quarter valued at approximately $63,160,000. Norges Bank bought a new stake in White Mountains Insurance Group during the 4th quarter valued at approximately $59,661,000. Proficio Capital Partners LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $45,407,000. Finally, WCM Investment Management LLC bought a new position in shares of White Mountains Insurance Group in the 4th quarter worth approximately $22,477,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com 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 Up 0.3%

Shares of WTM stock traded up $4.95 during mid-day trading on Wednesday, reaching $1,833.05. 22,457 shares of the company's stock traded hands, compared to its average volume of 13,689. 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 company's 50-day moving average price is $1,800.19 and its 200-day moving average price is $1,868.66. The company has a market cap of $4.72 billion, a P/E ratio of 20.35 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 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). The business had revenue of $472.20 million 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 company also recently declared 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. This represents a dividend yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group's payout ratio is 9.22%.

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.