White Mountains Insurance Group, Ltd. (NYSE:WTM) Holdings Cut by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC reduced its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,919 shares of the insurance provider’s stock after selling 214 shares during the period. Brandywine Global Investment Management LLC owned 0.15% of White Mountains Insurance Group worth $7,623,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Versant Capital Management Inc boosted its position in White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at about $37,000. Eagle Bay Advisors LLC bought a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at approximately $103,000. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group in the fourth quarter worth approximately $117,000. Finally, Steward Partners Investment Advisory LLC raised its position in White Mountains Insurance Group by 32.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider’s stock valued at $193,000 after acquiring an additional 24 shares in the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

White Mountains Insurance Group Trading Up 1.3 %

White Mountains Insurance Group stock opened at $1,928.06 on Tuesday. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The company’s fifty day moving average price is $1,881.21 and its two-hundred day moving average price is $1,872.10. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 21.43 and a beta of 0.41. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were issued a dividend of $1.00 per share. This represents a dividend yield of 0.05%. The ex-dividend date was Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

White Mountains Insurance Group 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.