Vanguard Group Inc. Purchases 956 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Vanguard Group Inc. boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 251,739 shares of the insurance provider's stock after acquiring an additional 956 shares during the quarter. Vanguard Group Inc. owned 9.80% of White Mountains Insurance Group worth $489,647,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Cooke & Bieler LP bought a new position in White Mountains Insurance Group during the fourth quarter worth about $66,268,000. Raymond James Financial Inc. acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $63,160,000. Proficio Capital Partners LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $45,407,000. WCM Investment Management LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth approximately $22,477,000. Finally, Victory Capital Management Inc. raised its stake in White Mountains Insurance Group by 81.8% in the 4th quarter. Victory Capital Management Inc. now owns 11,548 shares of the insurance provider's stock valued at $22,462,000 after acquiring an additional 5,195 shares during the period. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock traded down $1.15 during trading hours on Thursday, hitting $1,854.06. The company had a trading volume of 42,961 shares, compared to its average volume of 12,844. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The firm has a market cap of $4.71 billion, a PE ratio of 20.60 and a beta of 0.34. The firm has a 50-day moving average of $1,881.36 and a 200 day moving average of $1,873.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

Remove Ads

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

Analyst Ratings Changes

Separately, StockNews.com downgraded 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 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.