Farther Finance Advisors LLC Boosts Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Farther Finance Advisors LLC grew its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 167 shares of the insurance provider’s stock after acquiring an additional 33 shares during the quarter. Farther Finance Advisors LLC’s holdings in White Mountains Insurance Group were worth $325,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its stake in White Mountains Insurance Group by 3.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 917 shares of the insurance provider’s stock worth $1,784,000 after purchasing an additional 33 shares during the last quarter. Cooke & Bieler LP purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter worth approximately $66,268,000. OFI Invest Asset Management bought a new stake in shares of White Mountains Insurance Group during the 4th quarter worth approximately $1,322,000. AMG National Trust Bank boosted its holdings 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 valued at $1,104,000 after acquiring an additional 7 shares during the period. Finally, Raymond James Financial Inc. bought a new position in White Mountains Insurance Group in the 4th quarter valued at $63,160,000. Institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday, February 10th.

White Mountains Insurance Group Trading Up 0.6 %

Shares of WTM opened at $1,893.56 on Tuesday. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 21.04 and a beta of 0.41. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. White Mountains Insurance Group, Ltd. has a 1-year low of $1,665.71 and a 1-year high of $2,023.00. The company has a 50-day moving average of $1,875.74 and a 200 day moving average of $1,864.17.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share 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 company also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

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.