Bank of Montreal Can Decreases Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Bank of Montreal Can lessened its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 416 shares of the insurance provider’s stock after selling 9 shares during the quarter. Bank of Montreal Can’s holdings in White Mountains Insurance Group were worth $809,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of WTM. AMG National Trust Bank grew its position in White Mountains Insurance Group by 1.2% during the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider’s stock worth $1,104,000 after purchasing an additional 7 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of White Mountains Insurance Group by 0.9% during the fourth quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock valued at $1,451,000 after buying an additional 7 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of White Mountains Insurance Group by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider’s stock valued at $266,000 after acquiring an additional 7 shares during the period. Huntington National Bank raised its stake in White Mountains Insurance Group by 57.1% in the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 8 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after acquiring an additional 9 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Monday, February 10th.

White Mountains Insurance Group Stock Performance

WTM opened at $1,744.87 on Friday. The firm has a 50 day moving average of $1,832.58 and a two-hundred day moving average of $1,874.94. The firm has a market capitalization of $4.43 billion, a PE ratio of 19.39 and a beta of 0.34. The company has a current ratio of 0.76, a quick 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.

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 net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were given a dividend of $1.00 per share. This represents a yield of 0.05%. The ex-dividend date was Monday, March 17th. White Mountains Insurance Group’s dividend 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.