First Trust Advisors LP Purchases 9,308 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

First Trust Advisors LP boosted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 85.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,218 shares of the insurance provider's stock after buying an additional 9,308 shares during the period. First Trust Advisors LP owned about 0.79% of White Mountains Insurance Group worth $39,325,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fortitude Family Office LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth approximately $37,000. Versant Capital Management Inc raised its position in White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock valued at $37,000 after buying an additional 9 shares during the period. Huntington National Bank lifted its stake in White Mountains Insurance Group by 57.1% in the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after acquiring an additional 8 shares in the last quarter. GeoWealth Management LLC boosted its position 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 acquiring an additional 7 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new position in White Mountains Insurance Group during the 4th quarter valued at about $103,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Down 1.1 %

Shares of White Mountains Insurance Group stock traded down $19.24 on Wednesday, hitting $1,761.52. 15,796 shares of the company traded hands, compared to its average volume of 13,568. 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 quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The company has a market cap of $4.53 billion, a PE ratio of 19.57 and a beta of 0.34. The company has a 50-day moving average price of $1,816.83 and a 200 day moving average price of $1,872.24.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

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 paid 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 (DPR) is presently 1.11%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of White Mountains Insurance Group from a "hold" rating to a "sell" rating in a report on Monday, February 10th.

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.