Cerity Partners LLC Purchases 42 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Cerity Partners LLC raised its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,526 shares of the insurance provider’s stock after buying an additional 42 shares during the quarter. Cerity Partners LLC’s holdings in White Mountains Insurance Group were worth $2,297,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in White Mountains Insurance Group by 0.4% in the first quarter. Vanguard Group Inc. now owns 280,559 shares of the insurance provider’s stock valued at $318,782,000 after acquiring an additional 1,197 shares during the last quarter. Morgan Stanley raised its holdings in shares of White Mountains Insurance Group by 0.5% during the 3rd quarter. Morgan Stanley now owns 202,923 shares of the insurance provider’s stock worth $303,512,000 after buying an additional 914 shares in the last quarter. Moneta Group Investment Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter worth $228,701,000. Dimensional Fund Advisors LP lifted its position in shares of White Mountains Insurance Group by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 154,553 shares of the insurance provider’s stock worth $175,605,000 after buying an additional 5,051 shares during the last quarter. Finally, State Street Corp boosted its stake in White Mountains Insurance Group by 4.4% in the first quarter. State Street Corp now owns 55,824 shares of the insurance provider’s stock valued at $63,429,000 after buying an additional 2,365 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WTM has been the subject of a number of research reports. TheStreet raised shares of White Mountains Insurance Group from a “c+” rating to a “b” rating in a report on Wednesday, January 17th. StockNews.com downgraded shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 13th.

White Mountains Insurance Group Price Performance

Shares of WTM opened at $1,744.70 on Friday. The business has a 50-day simple moving average of $1,755.18 and a two-hundred day simple moving average of $1,595.65. White Mountains Insurance Group, Ltd. has a 12-month low of $1,319.05 and a 12-month high of $1,849.99. The stock has a market cap of $4.48 billion, a PE ratio of 8.79 and a beta of 0.42. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.12.

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 (EPS) for the quarter. White Mountains Insurance Group had a net margin of 23.50% and a return on equity of 4.08%. The business had revenue of $453.80 million during the quarter.

White Mountains Insurance Group Announces Dividend

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

About White Mountains Insurance Group

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.