Utah Retirement Systems Makes New Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Utah Retirement Systems acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 156 shares of the insurance provider’s stock, valued at approximately $203,000.

A number of other large investors also recently made changes to their positions in WTM. JPMorgan Chase & Co. raised its stake in White Mountains Insurance Group by 6.2% during the 1st quarter. JPMorgan Chase & Co. now owns 2,171 shares of the insurance provider’s stock worth $2,466,000 after buying an additional 127 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in White Mountains Insurance Group by 24.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 293 shares of the insurance provider’s stock worth $333,000 after acquiring an additional 58 shares during the last quarter. US Bancorp DE lifted its position in White Mountains Insurance Group by 29.1% during the first quarter. US Bancorp DE now owns 133 shares of the insurance provider’s stock worth $151,000 after acquiring an additional 30 shares during the last quarter. HighTower Advisors LLC acquired a new stake in White Mountains Insurance Group during the first quarter worth approximately $211,000. Finally, PNC Financial Services Group Inc. raised its position in shares of White Mountains Insurance Group by 202.6% in the first quarter. PNC Financial Services Group Inc. now owns 354 shares of the insurance provider’s stock valued at $403,000 after buying an additional 237 shares in the last quarter. Institutional investors and hedge funds own 87.79% of the company’s stock.

Insider Transactions at White Mountains Insurance Group

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the company’s stock in a transaction dated Thursday, December 22nd. The shares were sold at an average price of $1,371.84, for a total value of $137,184.00. Following the completion of the sale, the chief accounting officer now directly owns 1,463 shares of the company’s stock, valued at approximately $2,007,001.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.57% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, TheStreet raised shares of White Mountains Insurance Group from a “c” rating to a “b-” rating in a research note on Tuesday, November 15th.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,322.18 on Tuesday. The stock has a market cap of $3.40 billion, a price-to-earnings ratio of 4.77 and a beta of 0.41. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.15. White Mountains Insurance Group, Ltd. has a twelve month low of $1,030.38 and a twelve month high of $1,560.21. The company’s fifty day moving average is $1,458.95 and its 200 day moving average is $1,389.54.

White Mountains Insurance Group Announces Dividend

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

About White Mountains Insurance Group

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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).