Brown Advisory Inc. Sells 728 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Brown Advisory Inc. cut its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,421 shares of the insurance provider's stock after selling 728 shares during the quarter. Brown Advisory Inc. owned approximately 0.87% of White Mountains Insurance Group worth $43,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Barclays PLC lifted its holdings in shares of White Mountains Insurance Group by 101.9% in the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after buying an additional 581 shares in the last quarter. Franklin Resources Inc. grew its position in shares of White Mountains Insurance Group by 17.6% during the third quarter. Franklin Resources Inc. now owns 354 shares of the insurance provider's stock valued at $654,000 after purchasing an additional 53 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $2,871,000. Bank of New York Mellon Corp lifted its position in shares of White Mountains Insurance Group by 15.9% in the fourth quarter. Bank of New York Mellon Corp now owns 12,600 shares of the insurance provider's stock worth $24,507,000 after buying an additional 1,728 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in White Mountains Insurance Group during the fourth quarter valued at approximately $63,160,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

NYSE WTM traded up $10.08 during trading hours on Friday, reaching $1,799.19. The company's stock had a trading volume of 13,917 shares, compared to its average volume of 13,592. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 19.99 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 1-year low of $1,666.22 and a 1-year high of $2,023.00. The company's 50-day moving average is $1,809.22 and its two-hundred day moving average is $1,869.42. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%. The firm had revenue of $472.20 million during the quarter.

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 given a dividend of $1.00 per share. This represents a dividend yield of 0.05%. The ex-dividend date was Monday, March 17th. White Mountains Insurance Group's dividend payout ratio (DPR) is presently 1.11%.

Analyst Upgrades and Downgrades

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

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.