White Mountains Insurance Group, Ltd. $WTM Shares Sold by London Co. of Virginia

London Co. of Virginia lessened its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.7% during the first quarter, HoldingsChannel reports. The firm owned 57,131 shares of the insurance provider’s stock after selling 1,566 shares during the quarter. London Co. of Virginia’s holdings in White Mountains Insurance Group were worth $125,537,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Torren Management LLC acquired a new position in White Mountains Insurance Group in the fourth quarter valued at $27,000. Smartleaf Asset Management LLC lifted its position in White Mountains Insurance Group by 100.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after buying an additional 7 shares during the period. Global Assets Advisory LLC acquired a new stake in White Mountains Insurance Group in the 1st quarter worth about $33,000. Geneos Wealth Management Inc. boosted its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in White Mountains Insurance Group in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $2,209.32 on Friday. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00. The stock has a market capitalization of $5.48 billion, a P/E ratio of 5.43 and a beta of 0.29. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average price is $2,101.82 and its 200 day moving average price is $2,144.50.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) 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 analysts’ expectations of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. As a group, research analysts anticipate that White Mountains Insurance Group, Ltd. will post 134 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

About White Mountains Insurance Group

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.