Robeco Institutional Asset Management B.V. Sells 435 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Robeco Institutional Asset Management B.V. reduced its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) by 4.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,874 shares of the insurance provider’s stock after selling 435 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.38% of White Mountains Insurance Group worth $12,867,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Speece Thorson Capital Group Inc. raised its holdings in White Mountains Insurance Group by 3.3% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 16,143 shares of the insurance provider’s stock worth $21,035,000 after purchasing an additional 515 shares during the last quarter. Verition Fund Management LLC raised its holdings in White Mountains Insurance Group by 479.4% during the 3rd quarter. Verition Fund Management LLC now owns 1,014 shares of the insurance provider’s stock worth $1,321,000 after purchasing an additional 839 shares during the last quarter. Caxton Associates LP bought a new stake in White Mountains Insurance Group during the 3rd quarter worth about $1,767,000. Mirabella Financial Services LLP bought a new stake in shares of White Mountains Insurance Group in the 3rd quarter valued at about $229,000. Finally, Eagle Asset Management Inc. increased its stake in shares of White Mountains Insurance Group by 7.5% in the 3rd quarter. Eagle Asset Management Inc. now owns 8,288 shares of the insurance provider’s stock valued at $10,799,000 after acquiring an additional 576 shares during the last quarter. 87.79% of the stock is owned by institutional investors.

White Mountains Insurance Group Price Performance

Shares of WTM opened at $1,346.77 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a 50 day simple moving average of $1,454.75 and a 200 day simple moving average of $1,388.92. White Mountains Insurance Group, Ltd. has a 52-week low of $1,030.38 and a 52-week high of $1,560.21. The firm has a market capitalization of $3.46 billion, a PE ratio of 4.86 and a beta of 0.41.

White Mountains Insurance Group Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, March 22nd. Investors of record on Monday, March 13th will be given a $1.00 dividend. The ex-dividend date of this dividend is Friday, March 10th. This represents a dividend yield of 0.07%. White Mountains Insurance Group’s dividend payout ratio is presently 0.36%.

Insider Activity at White Mountains Insurance Group

In related news, CAO Michaela Hildreth sold 100 shares of the business’s stock in a transaction that occurred on Thursday, December 22nd. The stock was sold at an average price of $1,371.84, for a total value of $137,184.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,463 shares in the company, valued at approximately $2,007,001.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.57% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on White Mountains Insurance Group in a research note on Thursday. They issued a “hold” rating for the company.

White Mountains Insurance Group Company Profile

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White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu, and Other Operations. The HG Global/BAM segment refers to White Mountains’ investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).