Ameriprise Financial Inc. Raises Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Ameriprise Financial Inc. boosted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 6.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,277 shares of the insurance provider's stock after acquiring an additional 198 shares during the quarter. Ameriprise Financial Inc. owned 0.13% of White Mountains Insurance Group worth $6,374,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in WTM. Huntington National Bank boosted its stake in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after purchasing an additional 8 shares during the last quarter. GeoWealth Management LLC boosted 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 purchasing an additional 7 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in White Mountains Insurance Group during the 4th quarter worth $117,000. Tower Research Capital LLC TRC boosted its stake in White Mountains Insurance Group by 66.7% during the 4th 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 boosted its stake in White Mountains Insurance Group by 32.0% during the 4th 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. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Trading Up 0.5%

Shares of NYSE WTM traded up $9.14 during trading on Thursday, hitting $1,783.84. 11,763 shares of the company were exchanged, compared to its average volume of 13,921. White Mountains Insurance Group, Ltd. has a 12-month low of $1,666.22 and a 12-month high of $2,023.00. 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 company has a fifty day moving average price of $1,788.52 and a 200-day moving average price of $1,865.94. The firm has a market capitalization of $4.59 billion, a PE ratio of 19.82 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) EPS for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%. The company had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Dividend Announcement

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

Wall Street Analyst Weigh In

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.

White Mountains Insurance Group Company 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.