White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Purchased by Summit Trail Advisors LLC

Summit Trail Advisors LLC lifted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 171 shares of the insurance provider’s stock after buying an additional 10 shares during the quarter. Summit Trail Advisors LLC’s holdings in White Mountains Insurance Group were worth $257,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its position in shares of White Mountains Insurance Group by 12.2% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 459 shares of the insurance provider’s stock worth $687,000 after acquiring an additional 50 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of White Mountains Insurance Group by 0.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 11,539 shares of the insurance provider’s stock worth $17,259,000 after buying an additional 61 shares during the last quarter. Park Avenue Securities LLC purchased a new position in shares of White Mountains Insurance Group in the 3rd quarter valued at $748,000. TD Asset Management Inc acquired a new position in White Mountains Insurance Group in the third quarter valued at $1,406,000. Finally, Teacher Retirement System of Texas lifted its holdings in shares of White Mountains Insurance Group by 12.4% in the 3rd quarter. Teacher Retirement System of Texas now owns 679 shares of the insurance provider’s stock valued at $1,016,000 after purchasing an additional 75 shares during the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WTM shares. TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th. StockNews.com downgraded shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 13th.

White Mountains Insurance Group Stock Up 0.3 %

WTM stock opened at $1,866.00 on Thursday. White Mountains Insurance Group, Ltd. has a one year low of $1,319.05 and a one year high of $1,899.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94. The company has a fifty day moving average of $1,767.98 and a 200-day moving average of $1,624.46. The stock has a market capitalization of $4.79 billion, a PE ratio of 9.40 and a beta of 0.42.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share for the quarter. The firm had revenue of $453.80 million for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%.

White Mountains Insurance Group Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were given a $1.00 dividend. The ex-dividend date was Friday, March 8th. This represents a dividend yield of 0.06%. White Mountains Insurance Group’s dividend payout ratio is presently 0.50%.

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.