Russell Investments Group Ltd. Purchases 7 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Russell Investments Group Ltd. boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137 shares of the insurance provider’s stock after buying an additional 7 shares during the quarter. Russell Investments Group Ltd.’s holdings in White Mountains Insurance Group were worth $266,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of White Mountains Insurance Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider’s stock valued at $489,647,000 after acquiring an additional 956 shares during the last quarter. Boston Partners grew its position in shares of White Mountains Insurance Group by 0.4% in the 4th quarter. Boston Partners now owns 85,445 shares of the insurance provider’s stock worth $165,820,000 after buying an additional 348 shares during the last quarter. Cooke & Bieler LP purchased a new position in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $66,268,000. Lord Abbett & CO. LLC raised its holdings in shares of White Mountains Insurance Group by 7.9% during the third quarter. Lord Abbett & CO. LLC now owns 33,012 shares of the insurance provider’s stock valued at $55,994,000 after acquiring an additional 2,430 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $63,160,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 0.7 %

NYSE WTM opened at $1,763.74 on Friday. The firm has a market capitalization of $4.48 billion, a PE ratio of 19.60 and a beta of 0.34. The stock’s 50 day moving average is $1,824.78 and its 200 day moving average is $1,873.41. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00. 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 (NYSE:WTM) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were issued a dividend of $1.00 per share. The ex-dividend date was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s payout ratio is 1.11%.

Analyst Upgrades and Downgrades

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

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.