Brandywine Global Investment Management LLC Cuts Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Brandywine Global Investment Management LLC cut its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,919 shares of the insurance provider's stock after selling 214 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.15% of White Mountains Insurance Group worth $7,623,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of WTM. Versant Capital Management Inc increased its holdings in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock worth $37,000 after buying an additional 9 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at $37,000. Eagle Bay Advisors LLC acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter worth $103,000. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group during the fourth quarter valued at $117,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in White Mountains Insurance Group by 32.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider's stock valued at $193,000 after purchasing an additional 24 shares during the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM traded down $1.15 during midday trading on Thursday, reaching $1,854.06. 42,961 shares of the stock were exchanged, compared to its average volume of 12,852. 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 firm has a market cap of $4.71 billion, a price-to-earnings ratio of 20.60 and a beta of 0.34. The firm has a 50-day simple moving average of $1,881.84 and a two-hundred day simple moving average of $1,873.15. White Mountains Insurance Group, Ltd. has a twelve month low of $1,665.71 and a twelve month high of $2,023.00.

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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 EPS for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, StockNews.com lowered White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research note on Monday, February 10th.

White Mountains Insurance Group Company 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.