Thompson Siegel & Walmsley LLC Sells 117 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Thompson Siegel & Walmsley LLC lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.1% in the fourth quarter, HoldingsChannel reports. The fund owned 10,246 shares of the insurance provider’s stock after selling 117 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in White Mountains Insurance Group were worth $19,929,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Wallace Capital Management Inc. increased its holdings in White Mountains Insurance Group by 1.3% during the 3rd quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock valued at $139,708,000 after purchasing an additional 1,062 shares during the period. State Street Corp increased its holdings in White Mountains Insurance Group by 5.2% during the 3rd quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock valued at $93,082,000 after purchasing an additional 2,714 shares during the period. Geode Capital Management LLC increased 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 period. Cooke & Bieler LP purchased a new position in White Mountains Insurance Group during the 4th quarter valued at about $66,268,000. Finally, Lord Abbett & CO. LLC increased its holdings in White Mountains Insurance Group by 7.9% during the 3rd quarter. Lord Abbett & CO. LLC now owns 33,012 shares of the insurance provider’s stock valued at $55,994,000 after purchasing an additional 2,430 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $1,852.09 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 company has a market capitalization of $4.71 billion, a P/E ratio of 20.58 and a beta of 0.41. The stock’s 50 day moving average is $1,880.64 and its 200 day moving average is $1,861.94. White Mountains Insurance Group, Ltd. has a twelve month low of $1,665.71 and a twelve month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last posted 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 return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Announces Dividend

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

Analyst Ratings Changes

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

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.