American Century Companies Inc. raised its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 24.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,118 shares of the insurance provider’s stock after acquiring an additional 1,769 shares during the quarter. American Century Companies Inc.’s holdings in White Mountains Insurance Group were worth $13,638,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Ronald Blue Trust Inc. raised its stake in shares of White Mountains Insurance Group by 61.5% in the third quarter. Ronald Blue Trust Inc. now owns 21 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 8 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of White Mountains Insurance Group by 140.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 14 shares in the last quarter. Gladius Capital Management LP increased its stake in White Mountains Insurance Group by 500.0% in the third quarter. Gladius Capital Management LP now owns 24 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 20 shares during the period. Quadrant Capital Group LLC raised its position in White Mountains Insurance Group by 106.3% in the second quarter. Quadrant Capital Group LLC now owns 33 shares of the insurance provider’s stock worth $46,000 after purchasing an additional 17 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in White Mountains Insurance Group during the second quarter worth about $53,000. 86.67% of the stock is owned by institutional investors and hedge funds.
White Mountains Insurance Group stock opened at $1,777.00 on Friday. The firm has a market capitalization of $4.55 billion, a P/E ratio of 8.95 and a beta of 0.41. The stock has a fifty day moving average price of $1,696.67 and a two-hundred day moving average price of $1,567.57. White Mountains Insurance Group, Ltd. has a 52-week low of $1,319.05 and a 52-week high of $1,849.99. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.94 and a quick ratio of 0.94.
The firm also recently declared an annual dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were issued a $1.00 dividend. 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 0.50%.
Separately, TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th.
Get Our Latest Stock Analysis on 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.
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