Columbia Asset Management Takes Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Columbia Asset Management acquired a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 125 shares of the insurance provider’s stock, valued at approximately $243,000.

Other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its position in shares of 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 in the last quarter. HighTower Advisors LLC lifted its position in White Mountains Insurance Group by 579.1% in the 3rd quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider’s stock worth $2,646,000 after buying an additional 1,332 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of White Mountains Insurance Group during the 3rd quarter valued at $678,000. Oddo BHF Asset Management Sas purchased a new position in shares of White Mountains Insurance Group during the 3rd quarter valued at $1,606,000. Finally, Geode Capital Management LLC grew its holdings in shares of White Mountains Insurance Group by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock valued at $67,603,000 after acquiring an additional 273 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Down 1.4 %

Shares of NYSE WTM opened at $1,897.91 on Wednesday. The business has a 50 day simple moving average of $1,882.28 and a 200 day simple moving average of $1,873.32. White Mountains Insurance Group, Ltd. has a 52 week low of $1,665.71 and a 52 week high of $2,023.00. The stock has a market cap of $4.82 billion, a price-to-earnings ratio of 21.09 and a beta of 0.41. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS 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 Announces Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, March 26th. Shareholders 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 yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio (DPR) is currently 1.11%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report 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.