704 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Acquired by OFI Invest Asset Management

OFI Invest Asset Management purchased a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 704 shares of the insurance provider's stock, valued at approximately $1,322,000.

Several other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in White Mountains Insurance Group in the fourth quarter valued at approximately $63,160,000. Proficio Capital Partners LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $45,407,000. WCM Investment Management LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $22,477,000. Horizon Kinetics Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 422.9% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 7,138 shares of the insurance provider's stock valued at $12,107,000 after purchasing an additional 5,773 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in White Mountains Insurance Group by 81.8% during the fourth quarter. Victory Capital Management Inc. now owns 11,548 shares of the insurance provider's stock worth $22,462,000 after buying an additional 5,195 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

Analyst Ratings Changes

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

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White Mountains Insurance Group Trading Up 0.6 %

WTM traded up $11.54 during trading hours on Thursday, reaching $1,855.97. The company's stock had a trading volume of 10,495 shares, compared to its average volume of 12,217. The stock has a market cap of $4.72 billion, a PE ratio of 20.62 and a beta of 0.41. 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 company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The business's 50-day moving average is $1,878.78 and its 200-day moving average is $1,861.87.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (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 Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th will be issued a $1.00 dividend. The ex-dividend date is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group's payout ratio is 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.