Envestnet Asset Management Inc. Buys 238 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Envestnet Asset Management Inc. raised its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,414 shares of the insurance provider's stock after purchasing an additional 238 shares during the period. Envestnet Asset Management Inc. owned 0.64% of White Mountains Insurance Group worth $31,926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Barclays PLC raised its holdings in White Mountains Insurance Group by 101.9% in the third quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after purchasing an additional 581 shares during the period. HighTower Advisors LLC lifted its holdings in White Mountains Insurance Group by 579.1% during the third quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider's stock worth $2,646,000 after acquiring an additional 1,332 shares in the last quarter. Oddo BHF Asset Management Sas acquired a new position in White Mountains Insurance Group in the third quarter valued at about $1,606,000. Geode Capital Management LLC increased its holdings in shares of White Mountains Insurance Group by 0.7% in the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider's stock worth $67,603,000 after acquiring an additional 273 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of White Mountains Insurance Group by 41.0% during the third quarter. Jane Street Group LLC now owns 1,307 shares of the insurance provider's stock worth $2,217,000 after purchasing an additional 380 shares during the period. Institutional investors and hedge funds own 88.65% of the company's stock.

Wall Street Analysts Forecast Growth

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

White Mountains Insurance Group Stock Up 0.1 %

Shares of WTM stock traded up $1.87 during trading hours on Friday, hitting $1,744.87. 13,947 shares of the company were exchanged, compared to its average volume of 13,412. The company has a market capitalization of $4.43 billion, a PE ratio of 19.39 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 52 week low of $1,666.22 and a 52 week high of $2,023.00. The business has a 50 day moving average of $1,835.26 and a two-hundred day moving average of $1,874.27. 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 (NYSE:WTM - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (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 firm also recently disclosed an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were issued a $1.00 dividend. 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%.

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.