108 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Bought by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC purchased a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 108 shares of the insurance provider’s stock, valued at approximately $210,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc lifted its holdings in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after buying an additional 9 shares in the last quarter. Fortitude Family Office LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $37,000. Eagle Bay Advisors LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $103,000. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $117,000. Finally, KBC Group NV lifted its holdings in White Mountains Insurance Group by 21.9% in the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after buying an additional 14 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,884.83 on Friday. The firm has a market capitalization of $4.79 billion, a P/E ratio of 20.94 and a beta of 0.41. The company’s fifty day moving average price is $1,876.33 and its two-hundred day moving average price is $1,863.16. 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, Ltd. has a 12 month low of $1,665.71 and a 12 month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last issued its 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. Stockholders of record on Monday, March 17th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 1.11%.

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.