White Mountains Insurance Group, Ltd. (NYSE:WTM) is River Road Asset Management LLC’s 4th Largest Position

River Road Asset Management LLC lessened its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 127,152 shares of the insurance provider’s stock after selling 614 shares during the period. White Mountains Insurance Group accounts for approximately 2.6% of River Road Asset Management LLC’s investment portfolio, making the stock its 4th biggest position. River Road Asset Management LLC owned approximately 4.97% of White Mountains Insurance Group worth $191,365,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in WTM. Invesco Ltd. increased its holdings in shares of White Mountains Insurance Group by 40.1% in the third quarter. Invesco Ltd. now owns 6,563 shares of the insurance provider’s stock valued at $9,816,000 after purchasing an additional 1,877 shares during the last quarter. Morgan Stanley boosted its position in shares of White Mountains Insurance Group by 0.5% during the third quarter. Morgan Stanley now owns 202,923 shares of the insurance provider’s stock worth $303,512,000 after buying an additional 914 shares during the period. QRG Capital Management Inc. purchased a new position in shares of White Mountains Insurance Group during the third quarter worth $776,000. Envestnet Asset Management Inc. boosted its position in shares of White Mountains Insurance Group by 67.6% during the third quarter. Envestnet Asset Management Inc. now owns 12,083 shares of the insurance provider’s stock worth $18,072,000 after buying an additional 4,875 shares during the period. Finally, UBS Group AG boosted its position in shares of White Mountains Insurance Group by 51.0% during the third quarter. UBS Group AG now owns 1,770 shares of the insurance provider’s stock worth $2,647,000 after buying an additional 598 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. TheStreet upgraded White Mountains Insurance Group from a “c+” rating to a “b” rating in a research report on Wednesday, January 17th. StockNews.com lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday.

White Mountains Insurance Group Stock Down 0.2 %

NYSE:WTM traded down $4.05 during midday trading on Wednesday, reaching $1,705.05. The company had a trading volume of 5,642 shares, compared to its average volume of 8,085. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 8.64 and a beta of 0.42. The stock’s fifty day simple moving average is $1,749.65 and its 200-day simple moving average is $1,593.81. White Mountains Insurance Group, Ltd. has a 12-month low of $1,319.05 and a 12-month high of $1,849.99. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 EPS for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%. The business had revenue of $453.80 million for the quarter.

White Mountains Insurance Group Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were given a dividend of $1.00 per share. This represents a dividend yield of 0.06%. The ex-dividend date was Friday, March 8th. White Mountains Insurance Group’s dividend payout ratio (DPR) is currently 0.50%.

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.