Sequoia Financial Advisors LLC Purchases 329 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Sequoia Financial Advisors LLC boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 167.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 525 shares of the insurance provider’s stock after acquiring an additional 329 shares during the period. Sequoia Financial Advisors LLC’s holdings in White Mountains Insurance Group were worth $790,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WTM. Morgan Stanley increased its holdings in White Mountains Insurance Group by 712.3% during the 4th quarter. Morgan Stanley now owns 189,671 shares of the insurance provider’s stock worth $268,257,000 after purchasing an additional 166,320 shares in the last quarter. Moneta Group Investment Advisors LLC bought a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $228,701,000. Select Equity Group L.P. bought a new position in shares of White Mountains Insurance Group in the 1st quarter valued at about $46,821,000. Norges Bank bought a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $38,748,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $17,229,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 0.1 %

White Mountains Insurance Group stock opened at $1,689.73 on Tuesday. White Mountains Insurance Group, Ltd. has a 52 week low of $1,319.05 and a 52 week high of $1,849.99. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $4.34 billion, a P/E ratio of 8.51 and a beta of 0.42. The stock has a 50-day simple moving average of $1,746.91 and a 200 day simple moving average of $1,592.31.

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

White Mountains Insurance Group Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on WTM shares. StockNews.com cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday. TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a 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.