White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Position Lifted by Boston Partners

Boston Partners boosted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 85,445 shares of the insurance provider’s stock after purchasing an additional 348 shares during the period. Boston Partners owned about 3.32% of White Mountains Insurance Group worth $165,820,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Versant Capital Management Inc lifted its stake in White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at approximately $37,000. Eagle Bay Advisors LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at approximately $103,000. Stonebridge Financial Group LLC acquired a new stake in White Mountains Insurance Group in the fourth quarter valued at approximately $117,000. Finally, KBC Group NV lifted its stake in White Mountains Insurance Group by 21.9% in the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after acquiring an additional 14 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

NYSE:WTM opened at $1,867.34 on Wednesday. The stock has a market cap of $4.74 billion, a P/E ratio of 20.75 and a beta of 0.41. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The company has a fifty day moving average price of $1,874.54 and a 200 day moving average price of $1,864.33. 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 announced its quarterly 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 Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.