White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Cannell & Spears LLC

Cannell & Spears LLC cut its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,726 shares of the insurance provider’s stock after selling 197 shares during the period. White Mountains Insurance Group makes up about 1.2% of Cannell & Spears LLC’s investment portfolio, making the stock its 25th largest holding. Cannell & Spears LLC owned about 1.12% of White Mountains Insurance Group worth $55,873,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Versant Capital Management Inc boosted its stake in White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares in the last quarter. Fortitude Family Office LLC bought a new position in White Mountains Insurance Group during the fourth quarter valued at about $37,000. Eagle Bay Advisors LLC bought a new position in White Mountains Insurance Group during the fourth quarter valued at about $103,000. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group during the fourth quarter worth about $117,000. Finally, Steward Partners Investment Advisory LLC lifted its holdings in White Mountains Insurance Group by 32.0% in 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. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM opened at $1,904.22 on Monday. The stock’s fifty day simple moving average is $1,879.59 and its 200 day simple moving average is $1,870.57. 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 market capitalization of $4.84 billion, a price-to-earnings ratio of 21.16 and a beta of 0.41. 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) last released its 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 firm also recently announced an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were given 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 is 1.11%.

Wall Street Analysts Forecast Growth

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

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.