White Mountains Insurance Group, Ltd. (NYSE:WTM) Stake Raised by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 7.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,547 shares of the insurance provider’s stock after buying an additional 105 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.06% of White Mountains Insurance Group worth $3,009,000 at the end of the most recent reporting period.

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

White Mountains Insurance Group Stock Performance

WTM opened at $1,846.93 on Friday. The business has a 50 day moving average price of $1,889.37 and a two-hundred day moving average price of $1,856.54. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 20.52 and a beta of 0.45. White Mountains Insurance Group, Ltd. has a 1-year low of $1,665.71 and a 1-year high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

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 given 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 (DPR) is 1.11%.

Analyst Ratings Changes

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.

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.