Forum Financial Management LP Buys 176 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Forum Financial Management LP lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 14.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,374 shares of the insurance provider's stock after acquiring an additional 176 shares during the quarter. Forum Financial Management LP owned approximately 0.05% of White Mountains Insurance Group worth $2,673,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WTM. Huntington National Bank boosted its position in shares of 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 purchasing an additional 8 shares in the last quarter. GeoWealth Management LLC raised its stake in White Mountains Insurance Group by 26.9% during the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after buying an additional 7 shares during the period. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group during the 4th quarter worth approximately $117,000. Tower Research Capital LLC TRC raised its stake in shares of White Mountains Insurance Group by 66.7% in the fourth 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 during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of White Mountains Insurance Group by 32.0% in the fourth 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 during the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen raised White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Stock Up 1.2%

Shares of White Mountains Insurance Group stock traded up $22.13 on Tuesday, hitting $1,805.22. The company had a trading volume of 11,584 shares, compared to its average volume of 13,920. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 20.06 and a beta of 0.34. The stock has a 50 day moving average of $1,792.42 and a 200-day moving average of $1,867.45. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The business 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 Dividend Announcement

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