Glenview Trust co Takes $214,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Glenview Trust co purchased a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, Holdings Channel reports. The firm purchased 110 shares of the insurance provider’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in WTM. Versant Capital Management Inc boosted its stake in White Mountains Insurance Group by 90.0% in the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares during the period. Fortitude Family Office LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $37,000. Eagle Bay Advisors LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $103,000. Stonebridge Financial Group LLC acquired a new position in White Mountains Insurance Group in the 4th quarter worth $117,000. Finally, KBC Group NV boosted its stake in White Mountains Insurance Group by 21.9% in the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after purchasing an additional 14 shares during the period. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $1,867.34 on Wednesday. The company has a fifty day moving average price of $1,874.54 and a 200 day moving average price of $1,864.33. 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 current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.74 billion, a PE ratio of 20.75 and a beta of 0.41.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 EPS 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 firm also recently disclosed 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 of this dividend is Monday, March 17th. This represents a dividend yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is 1.11%.

Wall Street Analysts Forecast Growth

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

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.