Prospector Partners LLC Has $1.02 Million Position in White Mountains Insurance Group, Ltd. $WTM

Prospector Partners LLC lowered its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 87.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 490 shares of the insurance provider’s stock after selling 3,293 shares during the quarter. White Mountains Insurance Group comprises approximately 2.2% of Prospector Partners LLC’s investment portfolio, making the stock its 13th biggest position. Prospector Partners LLC’s holdings in White Mountains Insurance Group were worth $1,018,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. MML Investors Services LLC grew its position in White Mountains Insurance Group by 2.9% during the fourth quarter. MML Investors Services LLC now owns 2,935 shares of the insurance provider’s stock worth $6,100,000 after buying an additional 83 shares in the last quarter. Mariner LLC grew its position in White Mountains Insurance Group by 87.9% during the fourth quarter. Mariner LLC now owns 402 shares of the insurance provider’s stock worth $835,000 after buying an additional 188 shares in the last quarter. Nicolet Advisory Services LLC grew its position in White Mountains Insurance Group by 8.0% during the fourth quarter. Nicolet Advisory Services LLC now owns 230 shares of the insurance provider’s stock worth $474,000 after buying an additional 17 shares in the last quarter. Focus Partners Wealth grew its position in White Mountains Insurance Group by 19.0% during the fourth quarter. Focus Partners Wealth now owns 1,610 shares of the insurance provider’s stock worth $3,098,000 after buying an additional 257 shares in the last quarter. Finally, Entropy Technologies LP acquired a new stake in White Mountains Insurance Group during the fourth quarter worth approximately $1,018,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WTM. Weiss Ratings downgraded White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Zacks Research raised White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, White Mountains Insurance Group has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Trading Down 0.1%

Shares of WTM stock opened at $2,021.93 on Monday. The stock’s fifty day moving average price is $2,161.70 and its two-hundred day moving average price is $2,130.40. The company has a market cap of $5.01 billion, a PE ratio of 4.97 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing analysts’ consensus estimates of ($4.00) by ($8.59). The business had revenue of $517.80 million during the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. Equities analysts predict that White Mountains Insurance Group, Ltd. will post 115 EPS for the current fiscal year.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.