White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Position Raised by Franklin Resources Inc.

Franklin Resources Inc. increased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 18.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 421 shares of the insurance provider’s stock after purchasing an additional 67 shares during the period. Franklin Resources Inc.’s holdings in White Mountains Insurance Group were worth $819,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WTM. Fortitude Family Office LLC bought a new stake in White Mountains Insurance Group in the fourth quarter worth approximately $37,000. Versant Capital Management Inc boosted its holdings in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 9 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $103,000. Stonebridge Financial Group LLC bought a new position in shares of White Mountains Insurance Group during the 4th quarter worth about $117,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of White Mountains Insurance Group by 32.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider’s stock valued at $193,000 after purchasing an additional 24 shares during the period. 88.65% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

White Mountains Insurance Group Price Performance

White Mountains Insurance Group stock opened at $1,747.67 on Thursday. The stock has a market cap of $4.44 billion, a price-to-earnings ratio of 19.42 and a beta of 0.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12-month low of $1,666.22 and a 12-month high of $2,023.00. The business’s 50-day simple moving average is $1,838.55 and its 200 day simple moving average is $1,873.94.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

White Mountains Insurance Group Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a $1.00 dividend. This represents a yield of 0.05%. The ex-dividend date of this dividend was Monday, March 17th. White Mountains Insurance Group’s payout ratio is currently 1.11%.

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.