1,115 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Purchased by First Manhattan CO. LLC.

First Manhattan CO. LLC. bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,115 shares of the insurance provider's stock, valued at approximately $2,169,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Deutsche Bank AG increased its position in shares of White Mountains Insurance Group by 120.3% in the fourth quarter. Deutsche Bank AG now owns 337 shares of the insurance provider's stock worth $655,000 after purchasing an additional 184 shares during the period. Captrust Financial Advisors raised its stake in White Mountains Insurance Group by 11.4% during the fourth quarter. Captrust Financial Advisors now owns 597 shares of the insurance provider's stock worth $1,161,000 after acquiring an additional 61 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $539,000. Ameriprise Financial Inc. grew its holdings in shares of White Mountains Insurance Group by 6.4% during the fourth quarter. Ameriprise Financial Inc. now owns 3,277 shares of the insurance provider's stock worth $6,374,000 after purchasing an additional 198 shares during the last quarter. Finally, Algert Global LLC bought a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $453,000. Institutional investors and hedge funds own 88.65% of the company's stock.

Wall Street Analysts Forecast Growth

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

White Mountains Insurance Group Trading Down 0.9%

WTM traded down $15.95 during trading on Wednesday, hitting $1,768.17. The company's stock had a trading volume of 14,545 shares, compared to its average volume of 13,615. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock's fifty day moving average price is $1,805.06 and its 200-day moving average price is $1,868.42. The firm has a market capitalization of $4.55 billion, a P/E ratio of 19.65 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its 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 return on equity of 10.56% and a net margin of 10.29%. The firm 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. Investors 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 yield of 0.05%. White Mountains Insurance Group's dividend payout ratio (DPR) is currently 9.22%.

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.