White Mountains Insurance Group, Ltd. (NYSE:WTM) is River Road Asset Management LLC’s 2nd Largest Position

River Road Asset Management LLC lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,415 shares of the insurance provider’s stock after selling 5,791 shares during the period. White Mountains Insurance Group comprises about 2.9% of River Road Asset Management LLC’s investment portfolio, making the stock its 2nd largest position. River Road Asset Management LLC owned approximately 4.37% of White Mountains Insurance Group worth $218,654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Captrust Financial Advisors raised its holdings in shares of White Mountains Insurance Group by 1.1% during the third quarter. Captrust Financial Advisors now owns 536 shares of the insurance provider’s stock valued at $909,000 after buying an additional 6 shares during the last quarter. Glenmede Trust Co. NA increased its position in White Mountains Insurance Group by 1.9% in the 3rd quarter. Glenmede Trust Co. NA now owns 384 shares of the insurance provider’s stock valued at $651,000 after acquiring an additional 7 shares during the period. Arizona State Retirement System raised its stake in 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 acquiring an additional 7 shares in the last quarter. AMG National Trust Bank boosted its position in White Mountains Insurance Group by 1.2% during the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider’s stock worth $1,104,000 after acquiring an additional 7 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares in the last quarter. 88.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of 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 0.2 %

WTM stock opened at $1,893.67 on Tuesday. The firm’s 50-day moving average is $1,882.91 and its two-hundred day moving average is $1,860.74. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $4.81 billion, a price-to-earnings ratio of 21.04 and a beta of 0.41. White Mountains Insurance Group, Ltd. has a 52 week low of $1,665.71 and a 52 week high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Friday, February 7th. The insurance provider reported $12.44 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 will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio (DPR) is 1.11%.

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.