Dimensional Fund Advisors LP raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 0.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 157,217 shares of the insurance provider’s stock after purchasing an additional 1,464 shares during the period. Dimensional Fund Advisors LP owned 6.16% of White Mountains Insurance Group worth $262,792,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in WTM. Wedbush Securities Inc. boosted its position in shares of White Mountains Insurance Group by 2.9% during the 2nd quarter. Wedbush Securities Inc. now owns 211 shares of the insurance provider’s stock worth $379,000 after purchasing an additional 6 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in White Mountains Insurance Group by 6.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock valued at $189,000 after buying an additional 6 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in White Mountains Insurance Group by 3.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock valued at $401,000 after buying an additional 7 shares in the last quarter. Farther Finance Advisors LLC increased its position in White Mountains Insurance Group by 1.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the insurance provider’s stock valued at $796,000 after buying an additional 8 shares in the last quarter. Finally, US Bancorp DE increased its position in White Mountains Insurance Group by 7.0% in the 3rd quarter. US Bancorp DE now owns 123 shares of the insurance provider’s stock valued at $206,000 after buying an additional 8 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.
Insider Activity at White Mountains Insurance Group
In other news, Director Philip A. Gelston sold 165 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director owned 1,568 shares in the company, valued at $3,212,063.68. This trade represents a 9.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.20% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on WTM
White Mountains Insurance Group Stock Down 0.7%
Shares of NYSE WTM opened at $2,172.65 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.89 and a quick ratio of 0.75. The company has a 50-day moving average price of $2,118.79 and a 200-day moving average price of $1,972.88. The stock has a market capitalization of $5.37 billion, a P/E ratio of 5.03 and a beta of 0.32. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,264.70.
White Mountains Insurance Group (NYSE:WTM – Get Free Report) last posted its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.The business had revenue of $1.60 billion during the quarter.
White Mountains Insurance Group Dividend Announcement
The business also recently disclosed an annual dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Monday, March 16th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a dividend yield of 4.0%. White Mountains Insurance Group’s dividend payout ratio is 0.23%.
White Mountains Insurance Group Company Profile
White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.
Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.
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