White Mountains Insurance Group (NYSE:WTM) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of White Mountains Insurance Group (NYSE:WTM – Get Rating) in a research note released on Thursday morning. The firm issued a hold rating on the insurance provider’s stock.

White Mountains Insurance Group Price Performance

White Mountains Insurance Group stock opened at $1,346.77 on Thursday. White Mountains Insurance Group has a 12 month low of $1,030.38 and a 12 month high of $1,560.21. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50 day simple moving average of $1,453.28 and a 200-day simple moving average of $1,388.76. The stock has a market capitalization of $3.46 billion, a PE ratio of 4.86 and a beta of 0.41.

White Mountains Insurance Group Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, March 22nd. Shareholders of record on Monday, March 13th will be given a $1.00 dividend. This represents a yield of 0.07%. The ex-dividend date of this dividend is Friday, March 10th. White Mountains Insurance Group’s payout ratio is 0.36%.

Insiders Place Their Bets

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the company’s stock in a transaction on Thursday, December 22nd. The stock was sold at an average price of $1,371.84, for a total value of $137,184.00. Following the sale, the chief accounting officer now owns 1,463 shares of the company’s stock, valued at $2,007,001.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.57% of the stock is currently owned by company insiders.

Institutional Trading of White Mountains Insurance Group

Large investors have recently made changes to their positions in the stock. Delta Asset Management LLC TN acquired a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at $27,000. Exchange Traded Concepts LLC boosted its stake in White Mountains Insurance Group by 109.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 23 shares of the insurance provider’s stock worth $30,000 after buying an additional 12 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in White Mountains Insurance Group by 140.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24 shares of the insurance provider’s stock worth $34,000 after buying an additional 14 shares during the last quarter. Bessemer Group Inc. boosted its stake in White Mountains Insurance Group by 250.0% in the 3rd quarter. Bessemer Group Inc. now owns 35 shares of the insurance provider’s stock worth $46,000 after buying an additional 25 shares during the last quarter. Finally, Ronald Blue Trust Inc. acquired a new stake in White Mountains Insurance Group in the 2nd quarter worth about $47,000. Institutional investors and hedge funds own 87.79% of the company’s stock.

White Mountains Insurance Group Company Profile

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White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the 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 results of Build America Mutual Assurance Company (BAM).