White Mountains Insurance Group, Ltd. $WTM Shares Sold by UBS Group AG

UBS Group AG trimmed its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 50.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,001 shares of the insurance provider’s stock after selling 6,084 shares during the period. UBS Group AG’s holdings in White Mountains Insurance Group were worth $12,470,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Chicago Partners Investment Group LLC boosted its stake in shares of White Mountains Insurance Group by 1.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 523 shares of the insurance provider’s stock valued at $1,076,000 after purchasing an additional 7 shares during the period. M&T Bank Corp purchased a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $38,545,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in White Mountains Insurance Group by 22.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 359 shares of the insurance provider’s stock worth $746,000 after buying an additional 67 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in White Mountains Insurance Group by 260.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 913 shares of the insurance provider’s stock worth $1,897,000 after buying an additional 660 shares in the last quarter. Finally, Lecap Asset Management Ltd. purchased a new position in White Mountains Insurance Group in the 4th quarter valued at approximately $707,000. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on WTM shares. Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, May 7th. Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $2,109.81 on Friday. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,333.00. The firm has a market capitalization of $5.23 billion, a P/E ratio of 5.19 and a beta of 0.32. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79. The company’s fifty day moving average price is $2,208.59 and its 200 day moving average price is $2,106.11.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The firm had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million.

White Mountains Insurance Group Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a yield of 5.0%. White Mountains Insurance Group’s payout ratio is 0.25%.

About White Mountains Insurance Group

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.