KLP Kapitalforvaltning AS Takes $1.18 Million Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

KLP Kapitalforvaltning AS bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 605 shares of the insurance provider's stock, valued at approximately $1,177,000.

Several other large investors have also modified their holdings of the business. Captrust Financial Advisors raised its holdings in White Mountains Insurance Group by 1.1% in the 3rd quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider's stock valued at $909,000 after buying an additional 6 shares during the period. Glenmede Trust Co. NA grew its stake in shares of White Mountains Insurance Group by 1.9% in the third quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider's stock valued at $651,000 after buying an additional 7 shares in the last quarter. AMG National Trust Bank lifted its stake in White Mountains Insurance Group by 1.2% during the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after acquiring an additional 7 shares in the last quarter. Arizona State Retirement System boosted its holdings in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock valued at $1,451,000 after acquiring an additional 7 shares during the period. Finally, Versant Capital Management Inc grew its position in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock valued at $37,000 after acquiring an additional 9 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

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Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a report on Monday, February 10th.

White Mountains Insurance Group Stock Down 0.1 %

Shares of White Mountains Insurance Group stock traded down $1.15 during trading hours on Thursday, reaching $1,854.06. 42,961 shares of the company were exchanged, compared to its average volume of 12,844. The firm has a market cap of $4.71 billion, a PE ratio of 20.60 and a beta of 0.34. 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, Ltd. has a 1 year low of $1,665.71 and a 1 year high of $2,023.00. The stock's fifty day moving average is $1,881.36 and its 200 day moving average is $1,873.02.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued 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 Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's dividend payout ratio is currently 1.11%.

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.