Legal & General Group Plc Sells 1,012 Shares of White Mountains Insurance Group, Ltd. $WTM

Legal & General Group Plc lessened its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 25.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,037 shares of the insurance provider’s stock after selling 1,012 shares during the quarter. Legal & General Group Plc owned about 0.12% of White Mountains Insurance Group worth $6,311,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Miller Global Investments LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $25,000. Torren Management LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $27,000. Ameriflex Group Inc. bought a new position in shares of White Mountains Insurance Group during the 3rd quarter worth approximately $33,000. Geneos Wealth Management Inc. raised its stake in shares of White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $42,000. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wall Street Zen lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, May 7th. Finally, Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Trading Up 2.6%

Shares of 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 stock has a market cap of $5.13 billion, a price-to-earnings 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 business 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 data on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The business had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. Equities analysts predict that White Mountains Insurance Group, Ltd. will post 115 EPS for the current year.

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.