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

Farther Finance Advisors LLC boosted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 24.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 167 shares of the insurance provider’s stock after purchasing 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.

Several other hedge funds have also modified their holdings of the company. Atria Investments Inc raised its stake in shares of White Mountains Insurance Group by 8.8% during the 3rd quarter. Atria Investments Inc now owns 584 shares of the insurance provider’s stock worth $990,000 after acquiring an additional 47 shares in the last quarter. KBC Group NV grew its holdings in White Mountains Insurance Group by 21.9% in the third 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 last quarter. Charles Schwab Investment Management Inc. increased its position in shares of White Mountains Insurance Group by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,220 shares of the insurance provider’s stock worth $42,778,000 after purchasing an additional 379 shares in the last quarter. Horizon Kinetics Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 422.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 7,138 shares of the insurance provider’s stock valued at $12,107,000 after purchasing an additional 5,773 shares during the last quarter. Finally, FMR LLC boosted its position in shares of White Mountains Insurance Group by 7.8% in the 3rd quarter. FMR LLC now owns 22,196 shares of the insurance provider’s stock worth $37,649,000 after purchasing an additional 1,610 shares in the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,893.56 on Tuesday. The company has a 50 day moving average price of $1,875.74 and a 200 day moving average price of $1,864.17. The firm has a market capitalization of $4.81 billion, a P/E ratio of 21.04 and a beta of 0.41. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 52 week low of $1,665.71 and a 52 week high of $2,023.00.

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 (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 company also recently declared an annual dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 17th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a yield of 0.05%. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Company 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.