Cove Street Capital LLC Has $1.81 Million Stock Holdings in White Mountains Insurance Group, Ltd. $WTM

Cove Street Capital LLC grew its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 128.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,083 shares of the insurance provider’s stock after buying an additional 609 shares during the period. White Mountains Insurance Group accounts for approximately 2.4% of Cove Street Capital LLC’s investment portfolio, making the stock its 15th largest holding. Cove Street Capital LLC’s holdings in White Mountains Insurance Group were worth $1,810,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its stake in shares of White Mountains Insurance Group by 6.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock valued at $189,000 after acquiring an additional 6 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in White Mountains Insurance Group by 3.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock worth $401,000 after purchasing an additional 7 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in White Mountains Insurance Group by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 476 shares of the insurance provider’s stock worth $796,000 after purchasing an additional 8 shares during the last quarter. US Bancorp DE lifted its position in White Mountains Insurance Group by 7.0% during the 3rd quarter. US Bancorp DE now owns 123 shares of the insurance provider’s stock valued at $206,000 after purchasing an additional 8 shares during the period. Finally, Keybank National Association OH boosted its stake in shares of White Mountains Insurance Group by 5.7% in the 3rd quarter. Keybank National Association OH now owns 167 shares of the insurance provider’s stock valued at $279,000 after purchasing an additional 9 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, White Mountains Insurance Group currently has an average rating of “Buy”.

Insider Transactions at White Mountains Insurance Group

In related news, Director Philip A. Gelston sold 165 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the completion of the transaction, the director owned 1,568 shares in the company, valued at approximately $3,212,063.68. The trade was a 9.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.20% of the company’s stock.

White Mountains Insurance Group Trading Up 0.7%

NYSE WTM opened at $2,197.49 on Friday. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,264.70. The stock has a 50-day simple moving average of $2,131.12 and a 200 day simple moving average of $1,985.33. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $5.43 billion, a PE ratio of 5.08 and a beta of 0.32.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). The company had revenue of $1.60 billion for the quarter. White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.

White Mountains Insurance Group Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Wednesday, March 25th. Investors of record on Monday, March 16th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a yield of 4.0%. White Mountains Insurance Group’s dividend payout ratio (DPR) is presently 0.23%.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.