Fiduciary Management Inc. WI Decreases Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

Fiduciary Management Inc. WI decreased its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 90,333 shares of the insurance provider’s stock after selling 4,050 shares during the period. White Mountains Insurance Group makes up 2.1% of Fiduciary Management Inc. WI’s portfolio, making the stock its 13th largest holding. Fiduciary Management Inc. WI’s holdings in White Mountains Insurance Group were worth $187,715,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Legacy Wealth Asset Management LLC raised its position in White Mountains Insurance Group by 1.6% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock worth $650,000 after buying an additional 5 shares during the last quarter. NewEdge Wealth LLC raised its position in White Mountains Insurance Group by 4.3% in the 4th quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock worth $254,000 after buying an additional 5 shares during the last quarter. Clearstead Advisors LLC raised its position in White Mountains Insurance Group by 19.4% in the 4th quarter. Clearstead Advisors LLC now owns 37 shares of the insurance provider’s stock worth $77,000 after buying an additional 6 shares during the last quarter. Bank of Nova Scotia raised its position in White Mountains Insurance Group by 3.1% in the 3rd quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock worth $338,000 after buying an additional 6 shares during the last quarter. Finally, Allworth Financial LP raised its position in White Mountains Insurance Group by 25.0% in the 3rd quarter. Allworth Financial LP now owns 35 shares of the insurance provider’s stock worth $59,000 after buying an additional 7 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

WTM has been the subject of a number of recent analyst reports. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. Wall Street Zen lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Price Performance

NYSE WTM opened at $2,066.96 on Friday. White Mountains Insurance Group, Ltd. has a 52 week low of $1,648.00 and a 52 week high of $2,333.00. The firm has a market capitalization of $5.13 billion, a P/E ratio of 5.08 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $2,179.04 and a 200-day moving average price of $2,126.08.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The business had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million. Equities research analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 earnings per share for the current year.

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.