Northern Trust Corp Boosts Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Northern Trust Corp lifted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,071 shares of the insurance provider’s stock after buying an additional 1,957 shares during the period. Northern Trust Corp owned approximately 0.70% of White Mountains Insurance Group worth $35,149,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WTM. Fortitude Family Office LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $37,000. Huntington National Bank boosted its position in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider’s stock valued at $43,000 after buying an additional 8 shares during the period. GeoWealth Management LLC grew its holdings in White Mountains Insurance Group by 26.9% in the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider’s stock worth $64,000 after acquiring an additional 7 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of White Mountains Insurance Group in the fourth quarter valued at about $103,000. Finally, Stonebridge Financial Group LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $117,000. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,799.19 on Friday. The business has a 50 day moving average of $1,809.22 and a 200 day moving average of $1,869.16. White Mountains Insurance Group, Ltd. has a 52 week low of $1,666.22 and a 52 week high of $2,023.00. The company has a market cap of $4.63 billion, a PE ratio of 19.99 and a beta of 0.34. 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 (NYSE:WTM) last issued its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing the consensus estimate of ($14.00) by ($6.50). The company had revenue of $472.20 million during 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 Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were given a dividend of $1.00 per share. The ex-dividend date was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s payout ratio is 1.11%.

White Mountains Insurance Group Company 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.