Blue Trust Inc. Trims Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Blue Trust Inc. cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 35.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61 shares of the insurance provider’s stock after selling 33 shares during the period. Blue Trust Inc.’s holdings in White Mountains Insurance Group were worth $119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc grew its stake 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 acquiring an additional 9 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter valued at $37,000. Eagle Bay Advisors LLC bought a new position in shares of White Mountains Insurance Group in the fourth quarter worth $103,000. Stonebridge Financial Group LLC purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter worth $117,000. Finally, KBC Group NV boosted its stake in White Mountains Insurance Group by 21.9% during the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after buying an additional 14 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Down 1.6 %

Shares of NYSE WTM opened at $1,828.59 on Friday. The business has a 50-day moving average of $1,897.62 and a 200-day moving average of $1,851.04. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 20.32 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

Analysts Set New Price Targets

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

About White Mountains Insurance Group

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.