MML Investors Services LLC Has $4.56 Million Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

MML Investors Services LLC lifted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 13.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,342 shares of the insurance provider's stock after purchasing an additional 280 shares during the quarter. MML Investors Services LLC owned about 0.09% of White Mountains Insurance Group worth $4,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Barclays PLC raised its position in shares of White Mountains Insurance Group by 101.9% during the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after buying an additional 581 shares in the last quarter. Oddo BHF Asset Management Sas acquired a new stake in White Mountains Insurance Group in the third quarter worth approximately $1,606,000. Lord Abbett & CO. LLC boosted its stake in White Mountains Insurance Group by 7.9% during the 3rd quarter. Lord Abbett & CO. LLC now owns 33,012 shares of the insurance provider's stock valued at $55,994,000 after purchasing an additional 2,430 shares in the last quarter. Franklin Resources Inc. increased its position in shares of White Mountains Insurance Group by 17.6% during the 3rd quarter. Franklin Resources Inc. now owns 354 shares of the insurance provider's stock valued at $654,000 after purchasing an additional 53 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of White Mountains Insurance Group in the 4th quarter worth $2,871,000. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

NYSE:WTM traded down $9.17 during trading hours on Thursday, reaching $1,758.28. 2,249 shares of the company's stock were exchanged, compared to its average volume of 13,523. 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 capitalization of $4.53 billion, a P/E ratio of 19.56 and a beta of 0.34. The business's 50-day simple moving average is $1,816.83 and its two-hundred day simple moving average is $1,872.24. White Mountains Insurance Group, Ltd. has a 12 month low of $1,666.22 and a 12 month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings data 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 company also recently disclosed 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 of this dividend was Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group's dividend payout ratio is 1.11%.

Wall Street Analyst Weigh In

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

About White Mountains Insurance Group

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.