Cooke & Bieler LP acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 34,070 shares of the insurance provider's stock, valued at approximately $66,268,000. Cooke & Bieler LP owned approximately 1.33% of White Mountains Insurance Group at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Barclays PLC raised its holdings in shares of White Mountains Insurance Group by 101.9% during the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after acquiring an additional 581 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of White Mountains Insurance Group by 579.1% during the 3rd quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider's stock worth $2,646,000 after acquiring an additional 1,332 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of White Mountains Insurance Group during the 3rd quarter worth approximately $678,000. Oddo BHF Asset Management Sas purchased a new stake in shares of White Mountains Insurance Group during the 3rd quarter worth approximately $1,606,000. Finally, Geode Capital Management LLC raised its holdings in shares of White Mountains Insurance Group by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider's stock worth $67,603,000 after acquiring an additional 273 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut White Mountains Insurance Group from a "hold" rating to a "sell" rating in a report on Monday, February 10th.
Read Our Latest Research Report on White Mountains Insurance Group
White Mountains Insurance Group Stock Performance
NYSE:WTM opened at $1,893.67 on Tuesday. The stock's fifty day moving average is $1,882.91 and its 200 day moving average is $1,860.74. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,665.71 and a fifty-two week high of $2,023.00. The firm has a market capitalization of $4.81 billion, a PE ratio of 21.04 and a beta of 0.41. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.
White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 Announces Dividend
The business also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 17th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's payout ratio is presently 1.11%.
About White Mountains Insurance Group
(
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.
See Also
Want to see what other hedge funds are holding WTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report).
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