Midwest Professional Planners LTD. trimmed its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 37.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 388 shares of the insurance provider’s stock after selling 234 shares during the quarter. Midwest Professional Planners LTD.’s holdings in White Mountains Insurance Group were worth $806,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Legacy Wealth Asset Management LLC grew its holdings in White Mountains Insurance Group by 1.6% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock worth $650,000 after acquiring an additional 5 shares during the last quarter. NewEdge Wealth LLC lifted its stake in shares of White Mountains Insurance Group by 4.3% in the fourth quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock worth $254,000 after acquiring an additional 5 shares during the period. Bank of Nova Scotia lifted its stake in shares of White Mountains Insurance Group by 3.1% in the third quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock worth $338,000 after acquiring an additional 6 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of White Mountains Insurance Group by 3.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock worth $401,000 after acquiring an additional 7 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of White Mountains Insurance Group by 25.0% in the third quarter. Allworth Financial LP now owns 35 shares of the insurance provider’s stock worth $59,000 after acquiring an additional 7 shares during the period. 88.65% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Wall Street Zen lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings lowered White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, White Mountains Insurance Group currently has a consensus rating of “Buy”.
White Mountains Insurance Group Trading Down 0.0%
Shares of WTM stock opened at $2,137.51 on Wednesday. The company has a market cap of $5.30 billion, a P/E ratio of 5.26 and a beta of 0.32. The stock has a 50 day simple moving average of $2,205.21 and a two-hundred day simple moving average of $2,110.95. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00.
White Mountains Insurance Group (NYSE:WTM – Get Free Report) last issued its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). The business had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.
White Mountains Insurance Group Announces Dividend
The firm also recently announced an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were issued a $1.00 dividend. This represents a yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group’s payout ratio is presently 0.25%.
White Mountains Insurance Group Company Profile
White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.
Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.
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