Algert Global LLC Makes New Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Algert Global LLC acquired a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 233 shares of the insurance provider's stock, valued at approximately $453,000.

Other hedge funds also recently bought and sold shares of the company. AMG National Trust Bank boosted its stake in White Mountains Insurance Group by 1.2% in the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after purchasing an additional 7 shares during the period. Arizona State Retirement System boosted its position in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after acquiring an additional 7 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of White Mountains Insurance Group by 0.7% during the fourth quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after purchasing an additional 7 shares during the period. Russell Investments Group Ltd. grew its position in White Mountains Insurance Group by 5.4% during the fourth quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock valued at $266,000 after purchasing an additional 7 shares in the last quarter. Finally, GeoWealth Management LLC grew its holdings in shares of White Mountains Insurance Group by 26.9% during the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock valued at $64,000 after acquiring an additional 7 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Down 0.9%

WTM traded down $15.95 during midday trading on Wednesday, hitting $1,768.17. 14,545 shares of the company's stock traded hands, compared to its average volume of 13,619. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $4.55 billion, a PE ratio of 19.65 and a beta of 0.34. The stock's fifty day simple moving average is $1,807.47 and its 200-day simple moving average is $1,869.11. White Mountains Insurance Group, Ltd. has a one year low of $1,666.22 and a one year high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing the consensus estimate of ($14.00) by ($6.50). The company had revenue of $472.20 million for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

White Mountains Insurance Group Dividend Announcement

The business also recently announced 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 currently 9.22%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Tuesday.

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.