White Mountains Insurance Group, Ltd. $WTM Shares Sold by Royce & Associates LP

Royce & Associates LP reduced its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,947 shares of the insurance provider’s stock after selling 355 shares during the quarter. Royce & Associates LP owned approximately 0.23% of White Mountains Insurance Group worth $12,358,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Legacy Wealth Asset Management LLC grew its position in shares of White Mountains Insurance Group by 1.6% during the fourth 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 in the last quarter. NewEdge Wealth LLC grew its position in shares of White Mountains Insurance Group by 4.3% during the fourth quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock worth $254,000 after buying an additional 5 shares in the last quarter. Clearstead Advisors LLC grew its position in shares of White Mountains Insurance Group by 19.4% during the fourth quarter. Clearstead Advisors LLC now owns 37 shares of the insurance provider’s stock worth $77,000 after buying an additional 6 shares in the last quarter. Bank of Nova Scotia grew its position in shares of White Mountains Insurance Group by 3.1% during the third quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock worth $338,000 after buying an additional 6 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of White Mountains Insurance Group by 3.0% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock worth $401,000 after buying an additional 7 shares in the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $2,101.40 on Thursday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. 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 50 day moving average price of $2,198.09 and a 200 day moving average price of $2,120.74. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 5.17 and a beta of 0.32.

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 for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million.

Analysts Set New Price Targets

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

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.