Ensign Peak Advisors Inc. increases its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) of 837.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Institutional investors own 750 shares of the insurer after purchasing an additional 670 shares during the period. Ensign Peak Advisors Inc’s holdings in White Mountains Insurance Group were valued at $977,000 at the end of last quarter.
A number of other hedge funds and other institutional investors have also recently changed their holdings. Exchange Traded Concepts LLC raised its stake in White Mountains Insurance Group by 109.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 23 shares of the insurer worth $30,000 after acquiring an additional 12 shares during the last quarter. Bessemer Group Inc. increased its position in White Mountains Insurance Group by 250.0% in the third quarter. Bessemer Group Inc. now owns 35 shares of the insurer worth $46,000 after purchasing an additional 25 shares during the last quarter. Ronald Blue Trust Inc. acquired a new stake in White Mountains Insurance Group during the second quarter for approximately $47,000. Quantbot Technologies LP purchased a new stake in White Mountains Insurance Group during the first quarter for approximately $70,000. Finally, Tower Research Capital LLC TRC increased its stake in White Mountains Insurance Group shares by 73.3% during the third quarter. Tower Research Capital LLC TRC now owns 78 shares of the insurer worth $102,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 87.79% of the company’s shares.
Insider Activities at White Mountains Insurance Group
In other news, CAO Michaela Hildreth sold 100 shares of the business in a transaction that occurred on Thursday, December 22. The shares sold for an average price of $1,371.84, for a total value of $137,184.00. After the transaction, the chief accounting officer now owns 1,463 shares in the company, valued at approximately $2,007,001.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via the SEC’s website. 2.57% of the shares are currently owned by company insiders.
Analysts Set New Price Targets
Separately, TheStreet upgraded White Mountains Insurance Group’s shares from a “c” rating to a “b-” rating in a research report on Tuesday, November 15.
White Mountains Insurance Group Stock Performance
White Mountains Insurance Group shares opened at $1,383.38 on Monday. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 5.00 and a beta of 0.41. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt to equity ratio of 0.15. White Mountains Insurance Group, Ltd. it had a twelve-month low of $1,030.38 and a twelve-month high of $1,560.21. The company’s fifty-day moving average is $1,458.95 and its 200-day moving average is $1,389.29.
White Mountains Insurance Group Announces Dividend
The business also recently disclosed its annual dividend, which will be paid on Wednesday, March 22. Registered investors on Monday, March 13 will be paid a $1.00 dividend. This represents a dividend yield of 0.07%. The ex-dividend date of this dividend is Friday, March 10. White Mountains Insurance Group’s dividend payout ratio is currently 0.36%.
White Mountains Insurance Group Profile
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White Mountains Insurance Group Ltd. engaged in the acquisition of businesses and assets in insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu and Other Operations. The HG Global/BAM segment refers to White Mountains investment in HG Global Limited, and the consolidated proceeds from Build America Mutual Assurance Company (BAM).
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