Lighthouse Investment Partners LLC Purchases New Shares in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Lighthouse Investment Partners bought a new position of 2,939 shares of White Mountains (NYSE:WTM) in Q3, valued at about $4.91 million0.12% of the company; institutional investors hold about 88.65% of the stock.
• White Mountains declared an annual dividend of $1.00 per share (ex-dividend date March 16, payable March 25), implying a yield of approximately 5.0%.
• The company reported quarterly EPS of $39.77, missing the consensus of $379.45 by $339.68, while the stock trades with a market cap of $5.43 billion and a P/E of 5.08; several analysts, including Wall Street Zen and Weiss Ratings, recently upgraded the shares to Buy.

Lighthouse Investment Partners LLC acquired a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,939 shares of the insurance provider's stock, valued at approximately $4,913,000. Lighthouse Investment Partners LLC owned approximately 0.12% of White Mountains Insurance Group as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Ameriflex Group Inc. bought a new position in shares of White Mountains Insurance Group in the 3rd quarter valued at about $33,000. Geneos Wealth Management Inc. grew its position in White Mountains Insurance Group by 325.0% in the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider's stock worth $33,000 after acquiring an additional 13 shares in the last quarter. Covestor Ltd increased its stake in White Mountains Insurance Group by 366.7% during the third quarter. Covestor Ltd now owns 28 shares of the insurance provider's stock worth $48,000 after acquiring an additional 22 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in White Mountains Insurance Group by 230.8% during the second quarter. EverSource Wealth Advisors LLC now owns 43 shares of the insurance provider's stock valued at $77,000 after purchasing an additional 30 shares during the period. Finally, Quent Capital LLC purchased a new stake in White Mountains Insurance Group during the third quarter valued at approximately $100,000. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

WTM opened at $2,197.82 on Tuesday. The business has a fifty day moving average of $2,133.80 and a 200 day moving average of $1,989.98. The stock has a market cap of $5.43 billion, a P/E ratio of 5.08 and a beta of 0.32. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,264.70.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing analysts' consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.The business had revenue of $1.60 billion during the quarter.

White Mountains Insurance Group Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, March 25th. Investors of record on Monday, March 16th will be issued a dividend of $1.00 per share. The ex-dividend date is Monday, March 16th. This represents a yield of 5.0%. White Mountains Insurance Group's dividend payout ratio (DPR) is presently 0.23%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WTM shares. Wall Street Zen upgraded White Mountains Insurance Group from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Weiss Ratings upgraded White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b+)" rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy".

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange NYSE: WTM, White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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