California Public Employees Retirement System Lowers Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

California Public Employees Retirement System lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,441 shares of the insurance provider's stock after selling 766 shares during the period. California Public Employees Retirement System owned approximately 0.48% of White Mountains Insurance Group worth $24,198,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of WTM. FMR LLC increased its holdings in shares of White Mountains Insurance Group by 7.8% in the 3rd quarter. FMR LLC now owns 22,196 shares of the insurance provider's stock worth $37,649,000 after buying an additional 1,610 shares during the last quarter. BNP Paribas Financial Markets raised its position in White Mountains Insurance Group by 204.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 301 shares of the insurance provider's stock valued at $511,000 after purchasing an additional 202 shares in the last quarter. Townsquare Capital LLC lifted its stake in White Mountains Insurance Group by 13.9% in the third quarter. Townsquare Capital LLC now owns 139 shares of the insurance provider's stock worth $236,000 after acquiring an additional 17 shares during the period. Captrust Financial Advisors lifted its position in shares of White Mountains Insurance Group by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider's stock worth $909,000 after purchasing an additional 6 shares during the period. Finally, Verition Fund Management LLC boosted its position in White Mountains Insurance Group by 26.5% during the 3rd quarter. Verition Fund Management LLC now owns 391 shares of the insurance provider's stock valued at $663,000 after acquiring an additional 82 shares in the last quarter. Institutional investors own 88.65% of the company's stock.

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White Mountains Insurance Group Price Performance

NYSE:WTM traded up $35.87 during trading hours on Tuesday, hitting $1,739.63. 3,826 shares of the stock were exchanged, compared to its average volume of 15,643. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm's fifty day moving average price is $1,874.34 and its 200 day moving average price is $1,875.85. The company has a market cap of $4.42 billion, a P/E ratio of 19.33 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 52-week low of $1,665.71 and a 52-week high of $2,023.00.

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

White Mountains Insurance Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were issued a $1.00 dividend. This represents a yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group's dividend payout ratio (DPR) is presently 1.11%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of 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.