Smithfield Trust Co Sells 9 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Smithfield Trust Co trimmed its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 11.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 73 shares of the insurance provider’s stock after selling 9 shares during the quarter. Smithfield Trust Co’s holdings in White Mountains Insurance Group were worth $143,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WTM. Captrust Financial Advisors raised its position in White Mountains Insurance Group by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider’s stock worth $909,000 after purchasing an additional 6 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in White Mountains Insurance Group by 1.9% in the third quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider’s stock valued at $651,000 after acquiring an additional 7 shares during the last quarter. Versant Capital Management Inc boosted its holdings in White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares during the last quarter. Parsons Capital Management Inc. RI boosted its holdings in White Mountains Insurance Group by 0.7% in the fourth quarter. Parsons Capital Management Inc. RI now owns 1,523 shares of the insurance provider’s stock valued at $2,962,000 after acquiring an additional 10 shares during the last quarter. Finally, Principal Securities Inc. boosted its holdings in White Mountains Insurance Group by 6.9% in the fourth quarter. Principal Securities Inc. now owns 185 shares of the insurance provider’s stock valued at $360,000 after acquiring an additional 12 shares during the last quarter. 88.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded 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 Stock Up 1.0 %

NYSE:WTM opened at $1,854.22 on Thursday. 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 capitalization of $4.76 billion, a P/E ratio of 20.60 and a beta of 0.41. The stock’s fifty day simple moving average is $1,886.75 and its 200-day simple moving average is $1,859.22. White Mountains Insurance Group, Ltd. has a 12-month low of $1,665.71 and a 12-month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 Announces Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be paid a $1.00 dividend. This represents a yield of 0.05%. The ex-dividend date of this dividend is Monday, March 17th. White Mountains Insurance Group’s payout ratio is currently 1.11%.

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.