London Co. of Virginia Has $122 Million Stake in White Mountains Insurance Group, Ltd. $WTM

London Co. of Virginia reduced its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 12.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 58,697 shares of the insurance provider’s stock after selling 8,105 shares during the period. London Co. of Virginia’s holdings in White Mountains Insurance Group were worth $121,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its holdings in shares of White Mountains Insurance Group by 0.9% in 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 during the last quarter. State Street Corp increased its holdings in shares of White Mountains Insurance Group by 4.2% in the second quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock valued at $102,789,000 after purchasing an additional 2,297 shares during the last quarter. Reinhart Partners LLC. increased its holdings in shares of White Mountains Insurance Group by 5.7% in the fourth quarter. Reinhart Partners LLC. now owns 43,973 shares of the insurance provider’s stock valued at $91,413,000 after purchasing an additional 2,364 shares during the last quarter. Gendell Jeffrey L acquired a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $67,578,000. Finally, Norges Bank acquired a new position in shares of White Mountains Insurance Group in the fourth quarter valued at $66,879,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Wall Street Zen downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

White Mountains Insurance Group Trading Up 0.2%

Shares of White Mountains Insurance Group stock opened at $2,034.90 on Wednesday. The firm has a 50-day moving average of $2,156.22 and a 200-day moving average of $2,130.62. The stock has a market cap of $5.04 billion, a PE ratio of 5.01 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.79 and a current ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last announced its 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 business had revenue of $517.80 million during the quarter, compared to the consensus estimate 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, sell-side analysts forecast that White Mountains Insurance Group, Ltd. will post 115 EPS for the current year.

White Mountains Insurance Group 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.