White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,363 shares of the insurance provider’s stock after acquiring an additional 143 shares during the period. Charles Schwab Investment Management Inc. owned 0.99% of White Mountains Insurance Group worth $49,333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter worth approximately $45,407,000. WCM Investment Management LLC acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter worth approximately $22,477,000. Horizon Kinetics Asset Management LLC grew its holdings in shares of White Mountains Insurance Group by 422.9% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 7,138 shares of the insurance provider’s stock worth $12,107,000 after acquiring an additional 5,773 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of White Mountains Insurance Group in the 3rd quarter worth approximately $7,585,000. Finally, State Street Corp lifted its stake in White Mountains Insurance Group by 5.2% in the 3rd quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock valued at $93,082,000 after buying an additional 2,714 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Up 0.6 %

WTM stock opened at $1,855.97 on Friday. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 20.62 and a beta of 0.41. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $1,878.78 and a 200-day simple moving average of $1,861.87. White Mountains Insurance Group, Ltd. has a 52 week low of $1,665.71 and a 52 week high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last released 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 declared an annual dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 17th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

Analyst Upgrades and Downgrades

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

About White Mountains Insurance Group

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.