White Mountains Insurance Group (NYSE:WTM) Shares Gap Up - What's Next?

White Mountains Insurance Group, Ltd. (NYSE:WTM - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $1,889.94, but opened at $1,929.45. White Mountains Insurance Group shares last traded at $1,924.56, with a volume of 6,445 shares traded.

Analyst Ratings Changes

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

White Mountains Insurance Group Stock Down 0.7 %

The company has a market capitalization of $4.71 billion, a PE ratio of 20.58 and a beta of 0.41. 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 firm has a 50-day simple moving average of $1,880.64 and a 200 day simple moving average of $1,861.94.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

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White Mountains Insurance Group Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 17th will be paid a dividend of $1.00 per share. This represents a yield of 0.05%. The ex-dividend date is Monday, March 17th. White Mountains Insurance Group's dividend payout ratio (DPR) is 1.11%.

Hedge Funds Weigh In On White Mountains Insurance Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WTM. Captrust Financial Advisors lifted its stake in shares of White Mountains Insurance Group by 1.1% in the third quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider's stock worth $909,000 after acquiring an additional 6 shares in the last quarter. Glenmede Trust Co. NA increased its holdings in White Mountains Insurance Group by 1.9% during the 3rd quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider's stock worth $651,000 after purchasing an additional 7 shares during the last quarter. AMG National Trust Bank raised its position in shares of White Mountains Insurance Group by 1.2% in the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock valued at $1,104,000 after purchasing an additional 7 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock valued at $1,451,000 after buying an additional 7 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of White Mountains Insurance Group by 0.7% during the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock valued at $1,963,000 after buying an additional 7 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

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.