Deutsche Bank AG Buys 184 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Deutsche Bank AG grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 120.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 337 shares of the insurance provider’s stock after purchasing an additional 184 shares during the period. Deutsche Bank AG’s holdings in White Mountains Insurance Group were worth $655,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of WTM. AMG National Trust Bank lifted 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 valued at $1,104,000 after acquiring an additional 7 shares during the period. Arizona State Retirement System lifted its position in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider’s stock valued at $1,451,000 after acquiring an additional 7 shares during the period. Main Street Financial Solutions LLC lifted its position in White Mountains Insurance Group by 0.7% during the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider’s stock valued at $1,963,000 after acquiring an additional 7 shares during the period. Russell Investments Group Ltd. raised its holdings in White Mountains Insurance Group by 5.4% in the fourth quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider’s stock worth $266,000 after buying an additional 7 shares during the last quarter. Finally, GeoWealth Management LLC raised its holdings in White Mountains Insurance Group by 26.9% in the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock worth $64,000 after buying an additional 7 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 1.9%

Shares of White Mountains Insurance Group stock opened at $1,772.67 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $4.56 billion, a PE ratio of 19.70 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 52-week low of $1,666.22 and a 52-week high of $2,023.00. The company has a 50-day simple moving average of $1,790.62 and a two-hundred day simple moving average of $1,866.80.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%. The company had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Announces Dividend

The business also recently disclosed 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 of this dividend was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s payout ratio is 9.22%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 13th.

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.