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

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

Several other institutional investors and hedge funds have also modified their holdings of WTM. Barclays PLC grew its stake in White Mountains Insurance Group by 101.9% during the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after buying an additional 581 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of White Mountains Insurance Group by 6.4% in the fourth quarter. Ameriprise Financial Inc. now owns 3,277 shares of the insurance provider's stock worth $6,374,000 after acquiring an additional 198 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of White Mountains Insurance Group in the fourth quarter worth about $2,871,000. Bank of New York Mellon Corp raised its holdings in White Mountains Insurance Group by 15.9% in the 4th quarter. Bank of New York Mellon Corp now owns 12,600 shares of the insurance provider's stock valued at $24,507,000 after buying an additional 1,728 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in White Mountains Insurance Group in the 4th quarter valued at approximately $63,160,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Up 0.4%

NYSE WTM traded up $7.04 during trading hours on Thursday, reaching $1,781.74. The company's stock had a trading volume of 5,416 shares, compared to its average volume of 13,920. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. White Mountains Insurance Group, Ltd. has a 52 week low of $1,666.22 and a 52 week high of $2,023.00. The firm has a fifty day simple moving average of $1,790.62 and a 200-day simple moving average of $1,866.80. The stock has a market cap of $4.59 billion, a P/E ratio of 19.80 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced 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 business 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 Announces Dividend

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

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th.

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.