Cerity Partners LLC Buys 42 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Cerity Partners LLC lifted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,526 shares of the insurance provider’s stock after acquiring an additional 42 shares during the period. Cerity Partners LLC owned 0.06% of White Mountains Insurance Group worth $2,297,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in shares of White Mountains Insurance Group by 40.1% in the third quarter. Invesco Ltd. now owns 6,563 shares of the insurance provider’s stock worth $9,816,000 after buying an additional 1,877 shares during the last quarter. Morgan Stanley lifted its position in White Mountains Insurance Group by 0.5% during the 3rd quarter. Morgan Stanley now owns 202,923 shares of the insurance provider’s stock worth $303,512,000 after acquiring an additional 914 shares during the last quarter. QRG Capital Management Inc. bought a new stake in White Mountains Insurance Group during the third quarter valued at about $776,000. Envestnet Asset Management Inc. increased its stake in shares of White Mountains Insurance Group by 67.6% in the third quarter. Envestnet Asset Management Inc. now owns 12,083 shares of the insurance provider’s stock worth $18,072,000 after purchasing an additional 4,875 shares during the period. Finally, UBS Group AG lifted its position in shares of White Mountains Insurance Group by 51.0% during the 3rd quarter. UBS Group AG now owns 1,770 shares of the insurance provider’s stock worth $2,647,000 after purchasing an additional 598 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on WTM. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a research report on Wednesday, January 17th. 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 Up 2.3 %

NYSE WTM opened at $1,744.70 on Friday. White Mountains Insurance Group, Ltd. has a twelve month low of $1,319.05 and a twelve month high of $1,849.99. The stock has a market cap of $4.48 billion, a PE ratio of 8.79 and a beta of 0.42. The firm has a 50-day simple moving average of $1,755.18 and a 200 day simple moving average of $1,595.65. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.94.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $27.14 EPS for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The company had revenue of $453.80 million during the quarter.

White Mountains Insurance Group Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a yield of 0.06%. White Mountains Insurance Group’s dividend payout ratio is currently 0.50%.

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.