First Horizon Advisors Inc. Trims Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

First Horizon Advisors Inc. decreased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 23.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36 shares of the insurance provider’s stock after selling 11 shares during the quarter. First Horizon Advisors Inc.’s holdings in White Mountains Insurance Group were worth $70,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of WTM. Handelsbanken Fonder AB purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $1,167,000. Global Retirement Partners LLC grew its position in shares of White Mountains Insurance Group by 28.4% during the fourth quarter. Global Retirement Partners LLC now owns 262 shares of the insurance provider’s stock worth $510,000 after purchasing an additional 58 shares in the last quarter. Principal Securities Inc. grew its position in shares of White Mountains Insurance Group by 6.9% during the fourth quarter. Principal Securities Inc. now owns 185 shares of the insurance provider’s stock worth $360,000 after purchasing an additional 12 shares in the last quarter. Rhumbline Advisers grew its position in shares of White Mountains Insurance Group by 0.4% during the fourth quarter. Rhumbline Advisers now owns 4,549 shares of the insurance provider’s stock worth $8,848,000 after purchasing an additional 16 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of White Mountains Insurance Group by 3.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 23,236 shares of the insurance provider’s stock worth $44,824,000 after purchasing an additional 681 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,843.62 on Friday. The stock has a 50 day moving average of $1,891.05 and a 200 day moving average of $1,854.08. White Mountains Insurance Group, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00. The firm has a market cap of $4.73 billion, a PE ratio of 20.49 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS 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 Company Profile

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.