Proficio Capital Partners LLC Invests $45.41 Million in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Proficio Capital Partners LLC bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 23,345 shares of the insurance provider's stock, valued at approximately $45,407,000. White Mountains Insurance Group accounts for approximately 0.6% of Proficio Capital Partners LLC's investment portfolio, making the stock its 25th largest holding. Proficio Capital Partners LLC owned 0.91% of White Mountains Insurance Group as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Barclays PLC increased its stake in 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 during the period. HighTower Advisors LLC increased its stake in 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 during the period. XTX Topco Ltd bought a new position in White Mountains Insurance Group during the 3rd quarter worth $678,000. Oddo BHF Asset Management Sas bought a new position in White Mountains Insurance Group during the 3rd quarter worth $1,606,000. Finally, Geode Capital Management LLC increased its stake in 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 during the period. Institutional investors own 88.65% of the company's stock.

Wall Street Analysts Forecast Growth

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

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White Mountains Insurance Group Price Performance

White Mountains Insurance Group stock opened at $1,855.97 on Friday. The stock's fifty day moving average price is $1,878.78 and its two-hundred day moving average price is $1,861.87. The firm 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 one year low of $1,665.71 and a one year 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.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its 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 firm also recently announced an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be issued a $1.00 dividend. This represents a dividend yield of 0.05%. The ex-dividend date is Monday, March 17th. White Mountains Insurance Group's dividend payout ratio is presently 1.11%.

White Mountains Insurance Group 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.

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