Corient Private Wealth LLC Sells 489 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Corient Private Wealth LLC trimmed its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 43.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 639 shares of the insurance provider's stock after selling 489 shares during the quarter. Corient Private Wealth LLC's holdings in White Mountains Insurance Group were worth $1,243,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WTM. Versant Capital Management Inc increased its holdings in shares of White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock worth $37,000 after purchasing an additional 9 shares during the period. Fortitude Family Office LLC bought a new position in White Mountains Insurance Group in the 4th quarter worth about $37,000. Eagle Bay Advisors LLC bought a new position in White Mountains Insurance Group in the 4th quarter worth about $103,000. Stonebridge Financial Group LLC purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at about $117,000. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of White Mountains Insurance Group by 32.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider's stock valued at $193,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM traded down $42.42 during trading on Friday, reaching $1,904.22. The company had a trading volume of 9,720 shares, compared to its average volume of 12,635. White Mountains Insurance Group, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00. 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 stock has a market capitalization of $4.84 billion, a P/E ratio of 21.16 and a beta of 0.41. The company has a fifty day moving average of $1,879.59 and a two-hundred day moving average of $1,870.57.

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White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its quarterly earnings results 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 company also recently announced an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were given a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's payout ratio is 1.11%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research report 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.