Envestnet Asset Management Inc. Acquires 238 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Envestnet Asset Management Inc. increased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,414 shares of the insurance provider's stock after buying an additional 238 shares during the quarter. Envestnet Asset Management Inc. owned 0.64% of White Mountains Insurance Group worth $31,926,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of White Mountains Insurance Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock worth $489,647,000 after buying an additional 956 shares during the period. Boston Partners lifted its stake in White Mountains Insurance Group by 0.4% in the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock valued at $165,820,000 after buying an additional 348 shares during the period. State Street Corp grew its position in shares of White Mountains Insurance Group by 5.2% during the 3rd quarter. State Street Corp now owns 54,877 shares of the insurance provider's stock worth $93,082,000 after buying an additional 2,714 shares during the period. Geode Capital Management LLC increased its stake in shares of White Mountains Insurance Group by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider's stock valued at $67,603,000 after acquiring an additional 273 shares in the last quarter. Finally, Cooke & Bieler LP acquired a new position in shares of White Mountains Insurance Group during the 4th quarter valued at $66,268,000. Institutional investors own 88.65% of the company's stock.

Remove Ads

Analyst Upgrades and Downgrades

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 0.4 %

White Mountains Insurance Group stock traded down $7.84 during midday trading on Tuesday, reaching $1,759.36. The stock had a trading volume of 11,749 shares, compared to its average volume of 13,356. The company has a fifty day moving average price of $1,843.38 and a two-hundred day moving average price of $1,874.82. The company has a market capitalization of $4.47 billion, a P/E ratio of 19.55 and a beta of 0.34. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12 month low of $1,666.22 and a 12 month high of $2,023.00.

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