Brown Advisory Inc. Reduces Stake in White Mountains Insurance Group, Ltd. $WTM

Brown Advisory Inc. lowered its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 18,956 shares of the insurance provider’s stock after selling 1,376 shares during the quarter. Brown Advisory Inc. owned about 0.75% of White Mountains Insurance Group worth $39,393,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in White Mountains Insurance Group by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider’s stock worth $262,792,000 after buying an additional 1,464 shares during the last quarter. State Street Corp increased its position in White Mountains Insurance Group by 4.2% during the second quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock worth $102,789,000 after buying an additional 2,297 shares during the period. Reinhart Partners LLC. increased its position in White Mountains Insurance Group by 5.7% during the fourth quarter. Reinhart Partners LLC. now owns 43,973 shares of the insurance provider’s stock worth $91,413,000 after buying an additional 2,364 shares during the period. Gendell Jeffrey L acquired a new position in White Mountains Insurance Group during the fourth quarter worth approximately $67,578,000. Finally, Norges Bank acquired a new position in White Mountains Insurance Group during the fourth quarter worth approximately $66,879,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 0.5%

Shares of WTM stock opened at $2,034.45 on Tuesday. The business’s 50 day moving average is $2,158.95 and its two-hundred day moving average is $2,130.61. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. The company has a market capitalization of $5.05 billion, a P/E ratio of 5.00 and a beta of 0.29. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. Equities analysts forecast that White Mountains Insurance Group, Ltd. will post 115 EPS for the current year.

Wall Street Analysts Forecast Growth

WTM has been the topic of several research analyst reports. Wall Street Zen lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Weiss Ratings lowered White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Finally, Zacks Research raised White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

White Mountains Insurance Group 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.