White Mountains Insurance Group, Ltd. (NYSE:WTM) Stake Lowered by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. reduced its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,983 shares of the insurance provider’s stock after selling 41 shares during the quarter. White Mountains Insurance Group comprises about 6.9% of Mraz Amerine & Associates Inc.’s investment portfolio, making the stock its 2nd biggest position. Mraz Amerine & Associates Inc.’s holdings in White Mountains Insurance Group were worth $33,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

White Mountains Insurance Group Stock Down 0.1 %

Shares of WTM traded down $1.35 during midday trading on Wednesday, hitting $1,707.75. 5,818 shares of the company’s stock traded hands, compared to its average volume of 8,116. White Mountains Insurance Group, Ltd. has a 1 year low of $1,319.05 and a 1 year high of $1,849.99. The firm’s fifty day moving average is $1,749.65 and its 200-day moving average is $1,593.81. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 8.59 and a beta of 0.42.

White Mountains Insurance Group (NYSE:WTM) last issued 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 firm had revenue of $453.80 million during the quarter.

White Mountains Insurance Group Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th. StockNews.com lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday.

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.