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

Proficio Capital Partners LLC acquired a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,345 shares of the insurance provider's stock, valued at approximately $45,407,000. Proficio Capital Partners LLC owned 0.91% of White Mountains Insurance Group as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. grew its stake in White Mountains Insurance Group by 100.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,390 shares of the insurance provider's stock worth $4,054,000 after acquiring an additional 1,198 shares in the last quarter. Cannon Global Investment Management LLC acquired a new stake in White Mountains Insurance Group in the third quarter valued at approximately $339,000. River Road Asset Management LLC increased its position in shares of White Mountains Insurance Group by 1.6% during the third quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider's stock worth $200,501,000 after purchasing an additional 1,886 shares in the last quarter. Equitable Trust Co. boosted its position in shares of White Mountains Insurance Group by 16.9% in the 3rd quarter. Equitable Trust Co. now owns 401 shares of the insurance provider's stock worth $680,000 after purchasing an additional 58 shares in the last quarter. Finally, Atria Investments Inc grew its stake in White Mountains Insurance Group by 8.8% during the 3rd quarter. Atria Investments Inc now owns 584 shares of the insurance provider's stock worth $990,000 after buying an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

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White Mountains Insurance Group Stock Performance

Shares of NYSE WTM traded down $28.93 during midday trading on Tuesday, reaching $1,847.75. 12,792 shares of the stock were exchanged, compared to its average volume of 11,887. White Mountains Insurance Group, Ltd. has a twelve month low of $1,665.71 and a twelve month high of $2,023.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of 20.55 and a beta of 0.41. The firm has a 50-day simple moving average of $1,888.60 and a two-hundred day simple moving average of $1,858.81.

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 Announces Dividend

The company also recently announced 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. This represents a yield of 0.05%. The ex-dividend date of this dividend is Monday, March 17th. White Mountains Insurance Group's dividend payout ratio (DPR) is 1.11%.

Analysts Set New Price Targets

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

About White Mountains Insurance Group

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.