UBS Group AG Has $2.60 Million Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

UBS Group AG lifted its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) by 48.9% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,994 shares of the insurance provider’s stock after buying an additional 655 shares during the period. UBS Group AG owned about 0.07% of White Mountains Insurance Group worth $2,599,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its stake in White Mountains Insurance Group by 6.2% during the first quarter. JPMorgan Chase & Co. now owns 2,171 shares of the insurance provider’s stock worth $2,466,000 after acquiring an additional 127 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in White Mountains Insurance Group by 24.7% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 293 shares of the insurance provider’s stock worth $333,000 after purchasing an additional 58 shares in the last quarter. US Bancorp DE increased its position in White Mountains Insurance Group by 29.1% during the 1st quarter. US Bancorp DE now owns 133 shares of the insurance provider’s stock worth $151,000 after purchasing an additional 30 shares in the last quarter. HighTower Advisors LLC acquired a new stake in White Mountains Insurance Group in the first quarter valued at approximately $211,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of White Mountains Insurance Group by 202.6% during the first quarter. PNC Financial Services Group Inc. now owns 354 shares of the insurance provider’s stock worth $403,000 after buying an additional 237 shares during the last quarter. 87.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on WTM shares. StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Friday, November 11th. TheStreet raised White Mountains Insurance Group from a “c” rating to a “b-” rating in a research note on Tuesday, November 15th.

Insider Transactions at White Mountains Insurance Group

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the firm’s stock in a transaction that occurred on Thursday, December 22nd. The shares were sold at an average price of $1,371.84, for a total transaction of $137,184.00. Following the completion of the transaction, the chief accounting officer now owns 1,463 shares in the company, valued at approximately $2,007,001.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.57% of the stock is owned by corporate insiders.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $1,407.98 on Monday. The firm has a market cap of $3.62 billion, a PE ratio of 5.08 and a beta of 0.41. White Mountains Insurance Group, Ltd. has a 52 week low of $1,030.38 and a 52 week high of $1,560.21. The firm’s fifty day moving average is $1,459.71 and its 200-day moving average is $1,387.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.97 and a current ratio of 0.88.

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which will be paid on Wednesday, March 22nd. Stockholders of record on Monday, March 13th will be paid a $1.00 dividend. The ex-dividend date is Friday, March 10th. This represents a dividend yield of 0.07%. White Mountains Insurance Group’s payout ratio is 0.36%.

White Mountains Insurance Group Company Profile

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White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu, and Other Operations. The HG Global/BAM segment refers to White Mountains’ investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).