Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 2.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,216 shares of the insurance provider’s stock after purchasing an additional 34 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in White Mountains Insurance Group were worth $2,365,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also bought and sold shares of WTM. Vanguard Group Inc. increased its holdings 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 purchasing an additional 956 shares during the period. LPL Financial LLC grew its position in White Mountains Insurance Group by 39.7% during the fourth quarter. LPL Financial LLC now owns 1,763 shares of the insurance provider’s stock worth $3,430,000 after buying an additional 501 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in White Mountains Insurance Group during the 4th quarter worth $1,177,000. Sei Investments Co. raised its holdings in White Mountains Insurance Group by 29.4% in the 4th quarter. Sei Investments Co. now owns 3,217 shares of the insurance provider’s stock valued at $6,259,000 after acquiring an additional 731 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its position in shares of White Mountains Insurance Group by 19.7% during the 4th quarter. Teacher Retirement System of Texas now owns 461 shares of the insurance provider’s stock valued at $897,000 after acquiring an additional 76 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.
White Mountains Insurance Group Price Performance
Shares of NYSE:WTM opened at $1,928.06 on Tuesday. The firm has a 50 day moving average of $1,881.21 and a 200-day moving average of $1,872.10. White Mountains Insurance Group, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.90 billion, a PE ratio of 21.43 and a beta of 0.41.
White Mountains Insurance Group Announces Dividend
The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were paid a $1.00 dividend. This represents a yield of 0.05%. The ex-dividend date was Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 1.11%.
Analyst Ratings Changes
Separately, StockNews.com cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.
Check Out Our Latest Research Report on WTM
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.
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