21 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Acquired by GAMMA Investing LLC

GAMMA Investing LLC bought a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 21 shares of the insurance provider’s stock, valued at approximately $33,000.

A number of other institutional investors also recently modified their holdings of WTM. Allspring Global Investments Holdings LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at $17,229,000. Brown Advisory Inc. raised its holdings in shares of White Mountains Insurance Group by 76.8% during the 3rd quarter. Brown Advisory Inc. now owns 16,709 shares of the insurance provider’s stock valued at $24,992,000 after purchasing an additional 7,260 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of White Mountains Insurance Group by 67.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,083 shares of the insurance provider’s stock valued at $18,072,000 after purchasing an additional 4,875 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of White Mountains Insurance Group by 23.1% during the 3rd quarter. Victory Capital Management Inc. now owns 19,130 shares of the insurance provider’s stock valued at $28,613,000 after purchasing an additional 3,589 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of White Mountains Insurance Group by 40.1% during the 3rd quarter. Invesco Ltd. now owns 6,563 shares of the insurance provider’s stock valued at $9,816,000 after purchasing an additional 1,877 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on WTM shares. TheStreet upgraded 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 report on Saturday, April 13th.

White Mountains Insurance Group Stock Down 1.2 %

White Mountains Insurance Group stock opened at $1,802.57 on Monday. The company has a market capitalization of $4.63 billion, a P/E ratio of 9.08 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 $1,855.00. 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 firm’s fifty day simple moving average is $1,762.89 and its 200-day simple moving average is $1,617.46.

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

White Mountains Insurance Group Dividend Announcement

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

White Mountains Insurance Group 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.