US Bancorp DE Boosts Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

US Bancorp DE lifted its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 9.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165 shares of the insurance provider’s stock after purchasing an additional 14 shares during the period. US Bancorp DE’s holdings in White Mountains Insurance Group were worth $321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc increased its position in shares of White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after buying an additional 9 shares during the period. Fortitude Family Office LLC purchased a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $37,000. Eagle Bay Advisors LLC purchased a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $103,000. Stonebridge Financial Group LLC purchased a new stake in White Mountains Insurance Group in the fourth quarter worth approximately $117,000. Finally, KBC Group NV boosted its stake in White Mountains Insurance Group by 21.9% in the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after buying an additional 14 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut 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 Stock Performance

Shares of WTM stock opened at $1,855.97 on Friday. 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 firm has a market capitalization of $4.72 billion, a price-to-earnings ratio of 20.62 and a beta of 0.41. The stock has a fifty day moving average of $1,878.78 and a 200 day 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 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 Announces Dividend

The firm also recently disclosed 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 payout ratio is 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.