O Shaughnessy Asset Management LLC lifted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 4.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,065 shares of the insurance provider’s stock after purchasing an additional 48 shares during the period. O Shaughnessy Asset Management LLC’s holdings in White Mountains Insurance Group were worth $2,071,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of WTM. Cooke & Bieler LP bought a new stake in White Mountains Insurance Group during the fourth quarter valued at about $66,268,000. Raymond James Financial Inc. bought a new stake in White Mountains Insurance Group during the 4th quarter valued at approximately $63,160,000. Norges Bank acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at approximately $59,661,000. Proficio Capital Partners LLC bought a new position in White Mountains Insurance Group in the 4th quarter worth approximately $45,407,000. Finally, WCM Investment Management LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth approximately $22,477,000. 88.65% of the stock is owned by institutional investors.
White Mountains Insurance Group Stock Performance
White Mountains Insurance Group stock opened at $1,773.02 on Friday. The stock has a 50-day simple moving average of $1,878.76 and a 200 day simple moving average of $1,873.43. 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 quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 19.70 and a beta of 0.34.
White Mountains Insurance Group Announces Dividend
The company also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s payout ratio is 1.11%.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.
Get Our Latest Stock Report on WTM
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.
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