White Mountains Insurance Group (NYSE:WTM) Shares Gap Down – Should You Sell?

White Mountains Insurance Group, Ltd. (NYSE:WTM) shares gapped down prior to trading on Wednesday . The stock had previously closed at $1,876.68, but opened at $1,803.96. White Mountains Insurance Group shares last traded at $1,852.76, with a volume of 18,452 shares trading hands.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $4.79 billion, a PE ratio of 20.73 and a beta of 0.41. The business’s fifty day moving average is $1,886.75 and its 200-day moving average is $1,859.22.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (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 company also recently disclosed an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be given a $1.00 dividend. This represents a dividend yield of 0.05%. The ex-dividend date is Monday, March 17th. White Mountains Insurance Group’s payout ratio is 1.11%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of WTM. Barclays PLC raised its stake in White Mountains Insurance Group by 101.9% during the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider’s stock valued at $1,953,000 after buying an additional 581 shares during the last quarter. HighTower Advisors LLC raised its position in shares of White Mountains Insurance Group by 579.1% during the third quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider’s stock valued at $2,646,000 after buying an additional 1,332 shares during the last quarter. XTX Topco Ltd purchased a new position in White Mountains Insurance Group during the 3rd quarter valued at approximately $678,000. Oddo BHF Asset Management Sas bought a new stake in White Mountains Insurance Group during the third quarter worth approximately $1,606,000. Finally, Geode Capital Management LLC grew its holdings in White Mountains Insurance Group by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after purchasing an additional 273 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

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.