Balyasny Asset Management L.P. Makes New Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Balyasny Asset Management L.P. bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 277 shares of the insurance provider's stock, valued at approximately $539,000.

A number of other large investors also recently modified their holdings of the company. Huntington National Bank raised its holdings in White Mountains Insurance Group by 57.1% during the fourth quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after buying an additional 8 shares during the last quarter. GeoWealth Management LLC raised its holdings in shares of 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. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group during the 4th quarter valued at about $117,000. Tower Research Capital LLC TRC increased its holdings in White Mountains Insurance Group by 66.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock worth $117,000 after purchasing an additional 24 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in White Mountains Insurance Group by 32.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 99 shares of the insurance provider's stock worth $193,000 after purchasing an additional 24 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com raised White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th.

White Mountains Insurance Group Stock Down 0.1%

Shares of WTM stock traded down $1.72 on Monday, hitting $1,809.78. The stock had a trading volume of 11,469 shares, compared to its average volume of 13,628. 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 business has a 50 day moving average of $1,801.81 and a 200 day moving average of $1,868.98. White Mountains Insurance Group, Ltd. has a 12-month low of $1,666.22 and a 12-month high of $2,023.00. The stock has a market cap of $4.66 billion, a price-to-earnings ratio of 20.11 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results 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 firm had revenue of $472.20 million for 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 Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 17th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group's payout ratio is currently 9.22%.

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.