LPL Financial LLC Purchases 501 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

LPL Financial LLC boosted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 39.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,763 shares of the insurance provider's stock after purchasing an additional 501 shares during the quarter. LPL Financial LLC owned about 0.07% of White Mountains Insurance Group worth $3,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. AMG National Trust Bank grew its position in White Mountains Insurance Group by 1.2% during the fourth quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock valued at $1,104,000 after acquiring an additional 7 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock valued at $1,451,000 after purchasing an additional 7 shares during the last quarter. Versant Capital Management Inc raised its position in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider's stock worth $37,000 after purchasing an additional 9 shares during the period. Parsons Capital Management Inc. RI lifted its stake in White Mountains Insurance Group by 0.7% in the fourth quarter. Parsons Capital Management Inc. RI now owns 1,523 shares of the insurance provider's stock worth $2,962,000 after purchasing an additional 10 shares during the last quarter. Finally, M&T Bank Corp grew its stake in shares of White Mountains Insurance Group by 8.5% during the fourth quarter. M&T Bank Corp now owns 140 shares of the insurance provider's stock valued at $272,000 after buying an additional 11 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Trading Down 0.7 %

Shares of NYSE:WTM traded down $11.94 during trading on Thursday, reaching $1,731.06. 4,339 shares of the company traded hands, compared to its average volume of 13,345. The company has a current ratio of 0.76, a quick 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 firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 19.24 and a beta of 0.34. The business's fifty day moving average is $1,838.55 and its 200-day moving average is $1,873.94.

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

White Mountains Insurance Group Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, March 26th. Investors 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 1.11%.

Analyst Ratings Changes

Separately, StockNews.com lowered White Mountains Insurance Group from a "hold" rating to a "sell" rating in a research note on Monday, February 10th.

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.