Commonwealth Equity Services LLC Sells 27 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Commonwealth Equity Services LLC cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 283 shares of the insurance provider’s stock after selling 27 shares during the quarter. Commonwealth Equity Services LLC’s holdings in White Mountains Insurance Group were worth $551,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. HBK Sorce Advisory LLC bought a new stake in White Mountains Insurance Group during the 4th quarter valued at about $210,000. Great Lakes Advisors LLC bought a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $206,000. Farther Finance Advisors LLC increased its position in shares of White Mountains Insurance Group by 24.6% during the fourth quarter. Farther Finance Advisors LLC now owns 167 shares of the insurance provider’s stock valued at $325,000 after acquiring an additional 33 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in White Mountains Insurance Group by 3.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 917 shares of the insurance provider’s stock worth $1,784,000 after acquiring an additional 33 shares during the last quarter. Finally, Cooke & Bieler LP bought a new position in White Mountains Insurance Group in the 4th quarter valued at approximately $66,268,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $1,773.02 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 19.70 and a beta of 0.34. The business has a 50-day simple moving average of $1,878.76 and a two-hundred day simple moving average of $1,873.43. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,665.71 and a fifty-two week high of $2,023.00.

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

White Mountains Insurance Group Dividend Announcement

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

Analyst Ratings Changes

Separately, StockNews.com cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note 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.