Teacher Retirement System of Texas Purchases 76 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Teacher Retirement System of Texas grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 19.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 461 shares of the insurance provider’s stock after buying an additional 76 shares during the period. Teacher Retirement System of Texas’ holdings in White Mountains Insurance Group were worth $897,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of WTM. Charles Schwab Investment Management Inc. increased its position in White Mountains Insurance Group by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,220 shares of the insurance provider’s stock worth $42,778,000 after acquiring an additional 379 shares during the period. FMR LLC increased its holdings in shares of White Mountains Insurance Group by 7.8% during the third quarter. FMR LLC now owns 22,196 shares of the insurance provider’s stock worth $37,649,000 after purchasing an additional 1,610 shares during the period. BNP Paribas Financial Markets raised its position in shares of White Mountains Insurance Group by 204.0% in the third quarter. BNP Paribas Financial Markets now owns 301 shares of the insurance provider’s stock valued at $511,000 after buying an additional 202 shares in the last quarter. Townsquare Capital LLC boosted its stake in shares of White Mountains Insurance Group by 13.9% in the third quarter. Townsquare Capital LLC now owns 139 shares of the insurance provider’s stock valued at $236,000 after buying an additional 17 shares during the period. Finally, Glenmede Trust Co. NA grew its position in White Mountains Insurance Group by 1.9% during the third quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider’s stock worth $651,000 after buying an additional 7 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 2.2 %

WTM opened at $1,904.22 on Friday. The stock has a market capitalization of $4.84 billion, a price-to-earnings ratio of 21.16 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. White Mountains Insurance Group, Ltd. has a twelve month low of $1,665.71 and a twelve month high of $2,023.00. The company has a 50-day simple moving average of $1,879.59 and a 200 day simple moving average of $1,869.51.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) 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 Announces Dividend

The firm also recently declared 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 dividend payout ratio (DPR) is currently 1.11%.

Wall Street Analyst Weigh In

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

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.