White Mountains Insurance Group Ltd (NYSE:WTM) Director Morgan W. Davis acquired 1,050 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was purchased at an average cost of $840.00 per share, for a total transaction of $882,000.00.
Shares of White Mountains Insurance Group stock traded up $56.00 during trading on Thursday, hitting $896.00. 256 shares of the stock were exchanged, compared to its average volume of 27,053. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50-day moving average price is $1,000.14 and its 200 day moving average price is $1,070.83. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 6.89 and a beta of 0.51. White Mountains Insurance Group Ltd has a 12-month low of $629.21 and a 12-month high of $1,168.21.
White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, February 5th. The insurance provider reported ($7.47) EPS for the quarter. The business had revenue of $23.80 million during the quarter. White Mountains Insurance Group had a net margin of 46.40% and a negative return on equity of 1.99%.
The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 25th. Stockholders of record on Monday, March 16th were issued a $1.00 dividend. The ex-dividend date was Friday, March 13th. This represents a dividend yield of 0.1%.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. increased its stake in White Mountains Insurance Group by 3.3% in the fourth quarter. Macquarie Group Ltd. now owns 5,250 shares of the insurance provider’s stock valued at $5,856,000 after purchasing an additional 170 shares during the last quarter. Norges Bank purchased a new position in shares of White Mountains Insurance Group in the 4th quarter valued at $57,266,000. Verus Capital Partners LLC purchased a new position in shares of White Mountains Insurance Group in the 4th quarter valued at $89,000. Geode Capital Management LLC raised its stake in White Mountains Insurance Group by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 34,641 shares of the insurance provider’s stock worth $38,642,000 after acquiring an additional 1,251 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in White Mountains Insurance Group by 20.9% during the 4th quarter. Alliancebernstein L.P. now owns 1,953 shares of the insurance provider’s stock worth $2,179,000 after acquiring an additional 337 shares in the last quarter. 86.01% of the stock is currently owned by institutional investors and hedge funds.
White Mountains Insurance Group Company Profile
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha and Other Operations. 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.
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