White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,414 shares of the insurance provider’s stock after buying an additional 238 shares during the period. Envestnet Asset Management Inc. owned about 0.64% of White Mountains Insurance Group worth $31,926,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group in the 4th quarter worth $37,000. Versant Capital Management Inc boosted its position in shares of 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. Huntington National Bank increased 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 purchasing an additional 8 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in White Mountains Insurance Group during the 4th quarter worth about $103,000. Finally, Stonebridge Financial Group LLC purchased a new stake in White Mountains Insurance Group during the fourth quarter valued at about $117,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

Analysts Set New Price Targets

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 Price Performance

WTM opened at $1,734.59 on Friday. The firm has a market capitalization of $4.41 billion, a P/E ratio of 19.28 and a beta of 0.34. The stock has a fifty day moving average of $1,850.32 and a 200-day moving average of $1,873.93. 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 $1,665.71 and a 12-month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 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 disclosed an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is presently 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.