White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 167.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 525 shares of the insurance provider’s stock after purchasing an additional 329 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in White Mountains Insurance Group were worth $790,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of WTM. Morgan Stanley increased its position in shares of White Mountains Insurance Group by 712.3% during the 4th quarter. Morgan Stanley now owns 189,671 shares of the insurance provider’s stock valued at $268,257,000 after purchasing an additional 166,320 shares during the period. Moneta Group Investment Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the 4th quarter valued at $228,701,000. Select Equity Group L.P. acquired a new position in shares of White Mountains Insurance Group during the 1st quarter valued at $46,821,000. Norges Bank acquired a new position in shares of White Mountains Insurance Group during the 4th quarter valued at $38,748,000. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of White Mountains Insurance Group during the 4th quarter worth $17,229,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Performance

WTM opened at $1,689.73 on Tuesday. The firm has a market cap of $4.34 billion, a PE ratio of 8.51 and a beta of 0.42. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $1,746.91 and a 200-day simple moving average of $1,592.31. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,319.05 and a fifty-two week high of $1,849.99.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The business had revenue of $453.80 million for the quarter.

White Mountains Insurance Group Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, March 8th. This represents a dividend yield of 0.06%. White Mountains Insurance Group’s dividend payout ratio is 0.50%.

Analyst Ratings Changes

Several research firms have recently weighed in on WTM. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th. StockNews.com lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday.

About White Mountains Insurance Group

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.