White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,346 shares of the insurance provider’s stock after selling 784 shares during the quarter. Victory Capital Management Inc.’s holdings in White Mountains Insurance Group were worth $27,611,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $17,229,000. Envestnet Asset Management Inc. increased its stake in White Mountains Insurance Group by 67.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,083 shares of the insurance provider’s stock worth $18,072,000 after buying an additional 4,875 shares in the last quarter. Invesco Ltd. increased its stake in White Mountains Insurance Group by 40.1% during the 3rd quarter. Invesco Ltd. now owns 6,563 shares of the insurance provider’s stock worth $9,816,000 after buying an additional 1,877 shares in the last quarter. American Century Companies Inc. lifted its position in shares of White Mountains Insurance Group by 24.1% in the third quarter. American Century Companies Inc. now owns 9,118 shares of the insurance provider’s stock valued at $13,638,000 after acquiring an additional 1,769 shares in the last quarter. Finally, Reinhart Partners LLC. boosted its stake in shares of White Mountains Insurance Group by 2.6% in the fourth quarter. Reinhart Partners LLC. now owns 37,819 shares of the insurance provider’s stock worth $56,918,000 after acquiring an additional 960 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Up 0.2 %

Shares of White Mountains Insurance Group stock opened at $1,858.63 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.94 and a quick ratio of 0.94. The stock’s 50 day simple moving average is $1,766.21 and its 200-day simple moving average is $1,622.76. The stock has a market cap of $4.78 billion, a P/E ratio of 9.36 and a beta of 0.42. White Mountains Insurance Group, Ltd. has a 1-year low of $1,319.05 and a 1-year high of $1,899.21.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The company had revenue of $453.80 million during the quarter.

White Mountains Insurance Group Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were given a dividend of $1.00 per share. This represents a yield of 0.06%. The ex-dividend date was Friday, March 8th. White Mountains Insurance Group’s payout ratio is currently 0.50%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a report on Wednesday, January 17th. StockNews.com downgraded shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 13th.

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.