London Co. of Virginia Has $122 Million Holdings in White Mountains Insurance Group, Ltd. $WTM

London Co. of Virginia cut its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,697 shares of the insurance provider’s stock after selling 8,105 shares during the period. London Co. of Virginia owned about 2.31% of White Mountains Insurance Group worth $121,996,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WTM. Gendell Jeffrey L acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $67,578,000. Norges Bank acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $66,879,000. M&T Bank Corp acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $38,545,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of White Mountains Insurance Group by 109,257.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,655 shares of the insurance provider’s stock valued at $15,907,000 after purchasing an additional 7,648 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of White Mountains Insurance Group by 141.1% in the third quarter. UBS Group AG now owns 12,085 shares of the insurance provider’s stock valued at $20,200,000 after purchasing an additional 7,073 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

White Mountains Insurance Group Price Performance

Shares of WTM opened at $2,034.90 on Wednesday. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 5.01 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,333.00. The company’s fifty day simple moving average is $2,156.22 and its 200 day simple moving average is $2,130.62. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14.

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 firm had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. On average, research analysts forecast that White Mountains Insurance Group, Ltd. will post 115 earnings per share 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.