White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Purchased by Townsquare Capital LLC

Townsquare Capital LLC boosted its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 148.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 345 shares of the insurance provider’s stock after buying an additional 206 shares during the period. Townsquare Capital LLC’s holdings in White Mountains Insurance Group were worth $671,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WTM. Vanguard Group Inc. boosted its holdings in White Mountains Insurance Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider’s stock valued at $489,647,000 after purchasing an additional 956 shares during the period. Boston Partners raised its position in White Mountains Insurance Group by 0.4% in the 4th quarter. Boston Partners now owns 85,445 shares of the insurance provider’s stock valued at $165,820,000 after purchasing an additional 348 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of White Mountains Insurance Group by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after buying an additional 273 shares during the period. Cooke & Bieler LP acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $66,268,000. Finally, Lord Abbett & CO. LLC increased its stake in shares of White Mountains Insurance Group by 7.9% during the third quarter. Lord Abbett & CO. LLC now owns 33,012 shares of the insurance provider’s stock worth $55,994,000 after buying an additional 2,430 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analyst Ratings Changes

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

Read Our Latest Stock Report on White Mountains Insurance Group

White Mountains Insurance Group Stock Up 0.1 %

Shares of NYSE WTM opened at $1,744.87 on Friday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00. The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 19.39 and a beta of 0.34. 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 business has a 50-day moving average of $1,832.58 and a two-hundred day moving average of $1,874.94.

White Mountains Insurance Group (NYSE:WTM – Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 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 business also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is presently 1.11%.

About White Mountains Insurance Group

(Free Report)

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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