Janus Henderson Group PLC Increases Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Janus Henderson Group PLC grew its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 97.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,416 shares of the insurance provider's stock after acquiring an additional 1,193 shares during the quarter. Janus Henderson Group PLC owned 0.09% of White Mountains Insurance Group worth $4,702,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WTM. Barclays PLC increased its holdings in White Mountains Insurance Group by 101.9% in the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock valued at $1,953,000 after purchasing an additional 581 shares during the period. Franklin Resources Inc. increased its stake in White Mountains Insurance Group by 17.6% in the third quarter. Franklin Resources Inc. now owns 354 shares of the insurance provider's stock valued at $654,000 after purchasing an additional 53 shares in the last quarter. SG Americas Securities LLC acquired a new position in White Mountains Insurance Group during the 4th quarter worth approximately $2,871,000. Bank of New York Mellon Corp grew its position 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 purchasing an additional 1,728 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $63,160,000. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM traded up $10.01 during mid-day trading on Wednesday, reaching $1,838.11. 33,623 shares of the company's stock were exchanged, compared to its average volume of 13,756. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 20.43 and a beta of 0.34. The firm has a 50-day moving average price of $1,799.26 and a two-hundred day moving average price of $1,868.45. 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.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released 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). White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%. The firm had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Dividend Announcement

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

Analyst Ratings Changes

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

About White Mountains Insurance Group

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.