Charles Schwab Investment Management Inc. Raises Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Charles Schwab Investment Management Inc. boosted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,508 shares of the insurance provider's stock after acquiring an additional 608 shares during the period. Charles Schwab Investment Management Inc. owned 0.96% of White Mountains Insurance Group worth $36,885,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its position in White Mountains Insurance Group by 12.2% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 459 shares of the insurance provider's stock valued at $687,000 after acquiring an additional 50 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in White Mountains Insurance Group by 0.5% during the third quarter. Bank of New York Mellon Corp now owns 11,539 shares of the insurance provider's stock worth $17,259,000 after buying an additional 61 shares in the last quarter. Teacher Retirement System of Texas raised its position in White Mountains Insurance Group by 12.4% in the 3rd quarter. Teacher Retirement System of Texas now owns 679 shares of the insurance provider's stock valued at $1,016,000 after buying an additional 75 shares during the last quarter. Principal Financial Group Inc. lifted its stake in White Mountains Insurance Group by 11.5% during the 3rd quarter. Principal Financial Group Inc. now owns 204 shares of the insurance provider's stock valued at $305,000 after acquiring an additional 21 shares in the last quarter. Finally, California Public Employees Retirement System lifted its stake in White Mountains Insurance Group by 1.4% during the 3rd quarter. California Public Employees Retirement System now owns 14,078 shares of the insurance provider's stock valued at $21,056,000 after acquiring an additional 196 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

Insider Activity at White Mountains Insurance Group

In other White Mountains Insurance Group news, major shareholder Mountains Insurance Grou White sold 5,000,200 shares of the business's stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $19.00, for a total value of $95,003,800.00. Following the transaction, the insider now directly owns 17,856,614 shares in the company, valued at $339,275,666. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of White Mountains Insurance Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 13th.

White Mountains Insurance Group Stock Performance

Shares of WTM traded up $16.99 on Tuesday, reaching $1,778.99. 7,742 shares of the company's stock traded hands, compared to its average volume of 8,552. The stock's 50 day simple moving average is $1,774.19 and its two-hundred day simple moving average is $1,647.24. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.11. White Mountains Insurance Group, Ltd. has a 52-week low of $1,319.05 and a 52-week high of $1,899.21. The stock has a market cap of $4.57 billion, a PE ratio of 8.05 and a beta of 0.42.

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were issued a $1.00 dividend. This represents a dividend yield of 0.06%. The ex-dividend date of this dividend was Friday, March 8th. White Mountains Insurance Group's dividend payout ratio (DPR) is currently 0.45%.

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.