Shotwell Rutter Baer Inc Purchases Shares of 438 White Mountains Insurance Group, Ltd. (NYSE:WTM)

Shotwell Rutter Baer Inc acquired a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 438 shares of the insurance provider’s stock, valued at approximately $671,000. White Mountains Insurance Group accounts for about 0.6% of Shotwell Rutter Baer Inc’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds have also recently modified their holdings of WTM. Morgan Stanley grew its position in shares of White Mountains Insurance Group by 712.3% in the fourth quarter. Morgan Stanley now owns 189,671 shares of the insurance provider’s stock valued at $268,257,000 after purchasing an additional 166,320 shares during the period. Moneta Group Investment Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $228,701,000. Select Equity Group L.P. purchased a new position in shares of White Mountains Insurance Group in the first quarter valued at approximately $46,821,000. Norges Bank acquired a new stake in shares of White Mountains Insurance Group in the fourth quarter worth approximately $38,748,000. Finally, Wallace Capital Management Inc. increased its position in shares of White Mountains Insurance Group by 11.4% during the second quarter. Wallace Capital Management Inc. now owns 81,485 shares of the insurance provider’s stock worth $113,176,000 after purchasing an additional 8,357 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Separately, TheStreet raised shares of White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th.

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $1,802.99 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94. The stock’s fifty day moving average is $1,710.06 and its two-hundred day moving average is $1,573.12. The firm has a market capitalization of $4.62 billion, a P/E ratio of 9.08 and a beta of 0.41. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,319.05 and a fifty-two week high of $1,849.99.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Wednesday, February 7th. The insurance provider reported $27.14 EPS for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The business had revenue of $453.80 million for the quarter.

White Mountains Insurance Group Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a yield of 0.06%. White Mountains Insurance Group’s payout ratio is 0.50%.

White Mountains Insurance Group 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.