GAMMA Investing LLC Makes New $33,000 Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

GAMMA Investing LLC acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 21 shares of the insurance provider’s stock, valued at approximately $33,000.

A number of other large investors have also recently made changes to their positions in the stock. Opal Wealth Advisors LLC lifted its position in White Mountains Insurance Group by 3.2% during the 4th quarter. Opal Wealth Advisors LLC now owns 223 shares of the insurance provider’s stock worth $336,000 after acquiring an additional 7 shares during the period. Arizona State Retirement System increased its holdings in White Mountains Insurance Group by 1.1% in the 3rd quarter. Arizona State Retirement System now owns 729 shares of the insurance provider’s stock worth $1,090,000 after buying an additional 8 shares during the period. Blue Trust Inc. raised its position in White Mountains Insurance Group by 38.1% during the 4th quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock worth $43,000 after buying an additional 8 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of White Mountains Insurance Group by 19.0% in the third quarter. Parkside Financial Bank & Trust now owns 69 shares of the insurance provider’s stock worth $103,000 after acquiring an additional 11 shares during the period. Finally, Essex Savings Bank raised its holdings in shares of White Mountains Insurance Group by 5.6% during the fourth quarter. Essex Savings Bank now owns 284 shares of the insurance provider’s stock worth $427,000 after purchasing an additional 15 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a report on Wednesday, January 17th. StockNews.com cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, April 13th.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,802.57 on Monday. The stock has a market cap of $4.63 billion, a PE ratio of 9.08 and a beta of 0.42. White Mountains Insurance Group, Ltd. has a 52-week low of $1,319.05 and a 52-week high of $1,855.00. 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 50-day simple moving average of $1,762.89 and a 200-day simple moving average of $1,617.46.

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

White Mountains Insurance Group Announces Dividend

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

White Mountains Insurance Group 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.