ExodusPoint Capital Management LP Has $782,000 Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

ExodusPoint Capital Management LP lowered its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 50.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 402 shares of the insurance provider's stock after selling 407 shares during the quarter. ExodusPoint Capital Management LP's holdings in White Mountains Insurance Group were worth $782,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cooke & Bieler LP bought a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $66,268,000. Raymond James Financial Inc. acquired a new stake in White Mountains Insurance Group during the 4th quarter worth $63,160,000. Norges Bank bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $59,661,000. Proficio Capital Partners LLC bought a new position in shares of White Mountains Insurance Group in the 4th quarter worth $45,407,000. Finally, WCM Investment Management LLC acquired a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $22,477,000. Institutional investors own 88.65% of the company's stock.

Wall Street Analyst Weigh In

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 Down 0.3 %

NYSE WTM traded down $6.01 on Wednesday, reaching $1,753.02. The company had a trading volume of 7,285 shares, compared to its average volume of 13,333. The company's fifty day moving average is $1,843.38 and its 200-day moving average is $1,874.82. White Mountains Insurance Group, Ltd. has a 1-year low of $1,666.22 and a 1-year high of $2,023.00. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 19.48 and a beta of 0.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS 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 Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's payout ratio is currently 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.