Fiduciary Management Inc. WI Sells 4,050 Shares of White Mountains Insurance Group, Ltd. $WTM

Fiduciary Management Inc. WI lessened its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,333 shares of the insurance provider’s stock after selling 4,050 shares during the period. White Mountains Insurance Group accounts for approximately 2.1% of Fiduciary Management Inc. WI’s holdings, making the stock its 13th biggest position. Fiduciary Management Inc. WI owned 3.56% of White Mountains Insurance Group worth $187,715,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of WTM. Norges Bank bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $66,879,000. M&T Bank Corp bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $38,545,000. UBS Group AG boosted its holdings in shares of White Mountains Insurance Group by 141.1% during the 3rd quarter. UBS Group AG now owns 12,085 shares of the insurance provider’s stock valued at $20,200,000 after buying an additional 7,073 shares in the last quarter. Susquehanna International Group LLP boosted its holdings in shares of White Mountains Insurance Group by 2,455.6% during the 3rd quarter. Susquehanna International Group LLP now owns 7,360 shares of the insurance provider’s stock valued at $12,302,000 after buying an additional 7,072 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its holdings in shares of White Mountains Insurance Group by 618.6% during the 3rd quarter. Gotham Asset Management LLC now owns 6,899 shares of the insurance provider’s stock valued at $11,532,000 after buying an additional 5,939 shares in the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $2,066.96 on Friday. 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 firm’s 50-day moving average is $2,179.04 and its 200 day moving average is $2,126.08. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). The firm had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. Sell-side analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on WTM shares. Weiss Ratings cut shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, May 7th. Wall Street Zen cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. 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’s stock. Based on data from MarketBeat, White Mountains Insurance Group currently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Company Profile

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.