Royce & Associates LP Trims Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

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

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WTM. Integrated Wealth Concepts LLC raised its stake in shares of White Mountains Insurance Group by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after purchasing an additional 27 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of White Mountains Insurance Group by 17.2% during the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock worth $327,000 after purchasing an additional 25 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of White Mountains Insurance Group by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock worth $8,202,000 after purchasing an additional 1,504 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of White Mountains Insurance Group by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock worth $21,737,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of White Mountains Insurance Group by 101.4% during the first quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after purchasing an additional 291 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 1.3%

Shares of WTM stock opened at $2,101.40 on Thursday. The business’s fifty day moving average price is $2,198.09 and its 200 day moving average price is $2,120.74. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,333.00. The firm has a market capitalization of $5.21 billion, a PE ratio of 5.17 and a beta of 0.32. 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 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 return on equity of 9.19% and a net margin of 28.44%.The business had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million.

Analyst Upgrades and Downgrades

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