White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,547 shares of the insurance provider’s stock after purchasing an additional 105 shares during the period. Oppenheimer Asset Management Inc.’s holdings in White Mountains Insurance Group were worth $3,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of WTM. Harbor Capital Advisors Inc. lifted its stake in White Mountains Insurance Group by 100.5% during the third quarter. Harbor Capital Advisors Inc. now owns 2,390 shares of the insurance provider’s stock valued at $4,054,000 after buying an additional 1,198 shares in the last quarter. Cannon Global Investment Management LLC acquired a new stake in shares of White Mountains Insurance Group during the third quarter valued at approximately $339,000. River Road Asset Management LLC lifted its position in shares of White Mountains Insurance Group by 1.6% in the 3rd quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock valued at $200,501,000 after acquiring an additional 1,886 shares in the last quarter. Equitable Trust Co. boosted its stake in White Mountains Insurance Group by 16.9% in the 3rd quarter. Equitable Trust Co. now owns 401 shares of the insurance provider’s stock worth $680,000 after purchasing an additional 58 shares during the period. Finally, Atria Investments Inc grew its position in White Mountains Insurance Group by 8.8% during the 3rd quarter. Atria Investments Inc now owns 584 shares of the insurance provider’s stock worth $990,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 0.3 %

Shares of NYSE WTM opened at $1,846.93 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The business has a 50-day moving average price of $1,889.37 and a two-hundred day moving average price of $1,856.54. The firm has a market capitalization of $4.74 billion, a PE ratio of 20.52 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last posted 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 Announces Dividend

The business also recently announced an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be paid a dividend of $1.00 per share. This represents a dividend yield of 0.05%. The ex-dividend date is Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio (DPR) is currently 1.11%.

Wall Street Analyst Weigh In

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

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.