Arizona State Retirement System Has $1.08 Million Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Arizona State Retirement System lowered its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 716 shares of the insurance provider’s stock after selling 13 shares during the period. Arizona State Retirement System’s holdings in White Mountains Insurance Group were worth $1,078,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Ronald Blue Trust Inc. raised its position in shares of White Mountains Insurance Group by 61.5% during the third quarter. Ronald Blue Trust Inc. now owns 21 shares of the insurance provider’s stock valued at $29,000 after buying an additional 8 shares during the last quarter. Gladius Capital Management LP raised its position in White Mountains Insurance Group by 500.0% in the third quarter. Gladius Capital Management LP now owns 24 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 20 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in White Mountains Insurance Group by 140.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 14 shares in the last quarter. Blue Trust Inc. raised its position in White Mountains Insurance Group by 38.1% in the fourth quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 8 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in White Mountains Insurance Group in the second quarter worth about $53,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,689.73 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 8.51 and a beta of 0.42. White Mountains Insurance Group, Ltd. has a 1-year low of $1,319.05 and a 1-year high of $1,849.99. The firm’s 50-day moving average price is $1,746.91 and its two-hundred day moving average price is $1,592.31.

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

White Mountains Insurance Group Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were paid a dividend of $1.00 per share. The ex-dividend date was Friday, March 8th. This represents a dividend yield of 0.06%. White Mountains Insurance Group’s dividend payout ratio (DPR) is currently 0.50%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on WTM. StockNews.com lowered shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday. TheStreet raised shares of White Mountains Insurance Group from a “c+” rating to a “b” rating in a research report on Wednesday, January 17th.

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.