AQR Capital Management LLC Sells 766 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

AQR Capital Management LLC cut its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,140 shares of the insurance provider's stock after selling 766 shares during the period. AQR Capital Management LLC owned about 0.39% of White Mountains Insurance Group worth $19,594,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in White Mountains Insurance Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock worth $489,647,000 after acquiring an additional 956 shares in the last quarter. Boston Partners boosted its position in White Mountains Insurance Group by 0.4% in the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock valued at $165,820,000 after buying an additional 348 shares in the last quarter. Cooke & Bieler LP bought a new stake in White Mountains Insurance Group during the fourth quarter worth about $66,268,000. Lord Abbett & CO. LLC increased its holdings in shares of White Mountains Insurance Group by 0.3% during the fourth quarter. Lord Abbett & CO. LLC now owns 33,116 shares of the insurance provider's stock worth $64,413,000 after buying an additional 104 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of White Mountains Insurance Group in the 4th quarter worth approximately $63,160,000. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock traded up $10.08 during trading on Friday, reaching $1,799.19. The company's stock had a trading volume of 13,917 shares, compared to its average volume of 13,578. The stock has a 50-day moving average price of $1,809.22 and a two-hundred day moving average price of $1,869.16. The stock has a market capitalization of $4.63 billion, a P/E ratio of 19.99 and a beta of 0.34. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a one year low of $1,666.22 and a one year 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 (EPS) for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The company had revenue of $472.20 million for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were paid 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 dividend payout ratio (DPR) is currently 1.11%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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.