Xponance Inc. Invests $233,000 in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Xponance Inc. purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 120 shares of the insurance provider’s stock, valued at approximately $233,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Boston Partners boosted its holdings in shares of White Mountains Insurance Group by 0.4% during the 4th 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 in the last quarter. Horizon Kinetics Asset Management LLC grew its holdings in White Mountains Insurance Group by 41.3% in the fourth quarter. Horizon Kinetics Asset Management LLC now owns 10,089 shares of the insurance provider’s stock worth $19,624,000 after purchasing an additional 2,951 shares during the period. Glenview Trust co bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $214,000. Brandes Investment Partners LP lifted its holdings in shares of White Mountains Insurance Group by 10.9% during the fourth quarter. Brandes Investment Partners LP now owns 429 shares of the insurance provider’s stock valued at $834,000 after purchasing an additional 42 shares during the last quarter. Finally, Midwest Professional Planners LTD. boosted its position in shares of White Mountains Insurance Group by 9.4% in the 4th quarter. Midwest Professional Planners LTD. now owns 581 shares of the insurance provider’s stock worth $1,130,000 after purchasing an additional 50 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,904.22 on Friday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,665.71 and a 1 year high of $2,023.00. The firm’s 50-day moving average is $1,879.59 and its 200 day moving average is $1,868.73. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 21.16 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.

White Mountains Insurance Group (NYSE:WTM) 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 net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Announces Dividend

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

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.