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

Brown Advisory Inc. trimmed its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,421 shares of the insurance provider's stock after selling 728 shares during the period. Brown Advisory Inc. owned 0.87% of White Mountains Insurance Group worth $43,610,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $37,000. Versant Capital Management Inc boosted its position in 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 worth $37,000 after purchasing an additional 9 shares during the period. Huntington National Bank increased its holdings 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 purchasing an additional 8 shares during the last quarter. GeoWealth Management LLC raised its position in shares of White Mountains Insurance Group by 26.9% in the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock valued at $64,000 after purchasing an additional 7 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth about $103,000. 88.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Performance

Shares of WTM traded up $10.08 during midday trading on Friday, reaching $1,799.19. 13,917 shares of the stock were exchanged, compared to its average volume of 13,578. The stock's 50 day simple moving average is $1,809.22 and its 200 day simple moving average is $1,869.16. The company has a market cap of $4.63 billion, a P/E ratio of 19.99 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00. 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 issued its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%. The business had revenue of $472.20 million during the quarter.

White Mountains Insurance Group Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a dividend of $1.00 per share. The ex-dividend date was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's dividend payout ratio (DPR) is presently 1.11%.

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.