Cove Street Capital LLC Has $2.07 Million Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Cove Street Capital LLC lessened its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 49.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,067 shares of the insurance provider's stock after selling 1,056 shares during the period. White Mountains Insurance Group accounts for about 2.4% of Cove Street Capital LLC's portfolio, making the stock its 14th largest position. Cove Street Capital LLC's holdings in White Mountains Insurance Group were worth $2,074,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cooke & Bieler LP bought a new position in White Mountains Insurance Group in the 4th quarter worth approximately $66,268,000. Raymond James Financial Inc. acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at $63,160,000. Norges Bank bought a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $59,661,000. Proficio Capital Partners LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $45,407,000. Finally, WCM Investment Management LLC bought a new position in White Mountains Insurance Group in the fourth quarter valued at about $22,477,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research report on Monday, February 10th.

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White Mountains Insurance Group Trading Up 0.0 %

NYSE WTM traded up $0.36 during trading hours on Thursday, hitting $1,855.57. The company's stock had a trading volume of 10,882 shares, compared to its average volume of 12,727. White Mountains Insurance Group, Ltd. has a twelve month low of $1,665.71 and a twelve month high of $2,023.00. The firm has a market capitalization of $4.72 billion, a P/E ratio of 20.62 and a beta of 0.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average of $1,881.84 and a 200 day moving average of $1,873.15.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted 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 Dividend Announcement

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

White Mountains Insurance Group Profile

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.