Short Interest in White Mountains Insurance Group, Ltd. (NYSE:WTM) Drops By 25.6%

White Mountains Insurance Group, Ltd. (NYSE:WTM) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 64,771 shares, a drop of 25.6% from the December 15th total of 87,076 shares. Currently, 2.6% of the shares of the company are sold short. Based on an average daily trading volume, of 18,242 shares, the short-interest ratio is currently 3.6 days. Based on an average daily trading volume, of 18,242 shares, the short-interest ratio is currently 3.6 days. Currently, 2.6% of the shares of the company are sold short.

Insider Activity at White Mountains Insurance Group

In other news, Director Philip A. Gelston sold 165 shares of White Mountains Insurance Group 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 transaction of $338,004.15. Following the completion of the transaction, the director directly owned 1,568 shares of the company’s stock, valued at $3,212,063.68. The trade was a 9.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Perigon Wealth Management LLC purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at about $212,000. Triad Investment Management acquired a new position in White Mountains Insurance Group in the 4th quarter valued at about $5,294,000. Legacy Wealth Asset Management LLC grew its stake in shares of White Mountains Insurance Group by 1.6% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock valued at $650,000 after buying an additional 5 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of White Mountains Insurance Group by 8.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 227 shares of the insurance provider’s stock worth $465,000 after buying an additional 17 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $208,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM traded down $3.91 during trading on Monday, reaching $2,058.01. The stock had a trading volume of 17,342 shares, compared to its average volume of 15,663. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.75 and a current ratio of 0.75. White Mountains Insurance Group has a 1-year low of $1,648.00 and a 1-year high of $2,143.25. The stock has a market cap of $5.23 billion, a PE ratio of 37.87 and a beta of 0.35. The business has a fifty day moving average price of $2,026.64 and a 200-day moving average price of $1,890.95.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 EPS for the quarter, beating the consensus estimate of $57.00 by $15.21. White Mountains Insurance Group had a return on equity of 7.19% and a net margin of 5.63%.The firm had revenue of $864.20 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

White Mountains Insurance Group Company 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.