Janus Henderson Group PLC Buys 1,193 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Janus Henderson Group PLC increased its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 97.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,416 shares of the insurance provider's stock after buying 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.

Other institutional investors also recently modified their holdings of the company. Barclays PLC raised its holdings in shares of 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 buying an additional 581 shares during the last quarter. Franklin Resources Inc. lifted its holdings in White Mountains Insurance Group by 17.6% during the 3rd quarter. Franklin Resources Inc. now owns 354 shares of the insurance provider's stock worth $654,000 after buying an additional 53 shares in the last quarter. Park Avenue Securities LLC boosted its position in White Mountains Insurance Group by 13.5% in the 4th quarter. Park Avenue Securities LLC now owns 598 shares of the insurance provider's stock valued at $1,163,000 after buying an additional 71 shares during the last quarter. HB Wealth Management LLC bought a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $241,000. Finally, Ballentine Partners LLC bought a new position in White Mountains Insurance Group in the fourth quarter valued at about $206,000. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Trading Down 0.9%

WTM stock traded down $15.32 during midday trading on Friday, reaching $1,782.33. The company's stock had a trading volume of 18,881 shares, compared to its average volume of 13,930. The business's 50-day simple moving average is $1,795.76 and its 200-day simple moving average is $1,868.56. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 52 week low of $1,666.22 and a 52 week high of $2,023.00. The stock has a market cap of $4.59 billion, a PE ratio of 19.81 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share 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 company had revenue of $472.20 million during the quarter.

White Mountains Insurance Group Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th were paid 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 9.22%.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note 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.