Key Points
- Director Philip Gelston sold 165 shares on December 16 at an average price of $2,048.51, raising proceeds of $338,004.15 and reducing his holdings to 1,568 shares (a 9.52% decrease), as disclosed in an SEC Form 4 filing.
- WTM shares trade around $2,047 (1-year range $1,648–$2,127.97) with a market cap of $5.20B and a P/E of 37.67; the company reported quarterly EPS of $72.21 (vs. $57 est.) on $864.2M of revenue.
- Institutional investors own about 88.65% of the stock, with recent position increases by Dimensional Fund Advisors, Cooke & Bieler and others, while analyst coverage is limited and the consensus rating is a “Hold.”
White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) Director Philip Gelston sold 165 shares of the company's stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director owned 1,568 shares of the company's stock, valued at approximately $3,212,063.68. This represents a 9.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
White Mountains Insurance Group Trading Down 1.0%
Shares of WTM opened at $2,047.23 on Wednesday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,127.97. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.14. The firm's 50-day moving average price is $1,951.14 and its 200-day moving average price is $1,842.47. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of 37.67 and a beta of 0.36.
White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, topping analysts' consensus estimates of $57.00 by $15.21. The firm had revenue of $864.20 million for the quarter. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its holdings in White Mountains Insurance Group by 0.9% during the third quarter. Dimensional Fund Advisors LP now owns 157,217 shares of the insurance provider's stock valued at $262,792,000 after purchasing an additional 1,464 shares in the last quarter. Cooke & Bieler LP lifted its stake in shares of White Mountains Insurance Group by 40.5% during the 3rd quarter. Cooke & Bieler LP now owns 107,851 shares of the insurance provider's stock valued at $180,275,000 after buying an additional 31,070 shares in the last quarter. Boston Partners boosted its holdings in White Mountains Insurance Group by 4.9% in the 2nd quarter. Boston Partners now owns 89,394 shares of the insurance provider's stock worth $160,471,000 after buying an additional 4,158 shares during the period. Fiduciary Management Inc. WI increased its stake in White Mountains Insurance Group by 46.2% in the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider's stock worth $138,264,000 after buying an additional 22,681 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in White Mountains Insurance Group by 8.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider's stock valued at $120,298,000 after acquiring an additional 4,711 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of White Mountains Insurance Group in a research note on Monday. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of "Hold".
Get Our Latest Stock Report on WTM
About White Mountains Insurance Group
(
Get Free Report)
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.
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