White Mountains Insurance Group (NYSE:WTM) Sets New 1-Year High at $1,855.00

White Mountains Insurance Group, Ltd. (NYSE:WTM) hit a new 52-week high on Thursday . The company traded as high as $1,855.00 and last traded at $1,840.52, with a volume of 3237 shares trading hands. The stock had previously closed at $1,823.74.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a research note on Wednesday, January 17th. StockNews.com cut shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 13th.

White Mountains Insurance Group Trading Up 0.1 %

The company’s 50 day simple moving average is $1,761.09 and its 200 day simple moving average is $1,612.99. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 9.21 and a beta of 0.42.

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

White Mountains Insurance Group Dividend Announcement

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

Institutional Trading of White Mountains Insurance Group

A number of institutional investors have recently bought and sold shares of the business. Invesco Ltd. raised its position in shares of White Mountains Insurance Group by 40.1% during the 3rd quarter. Invesco Ltd. now owns 6,563 shares of the insurance provider’s stock worth $9,816,000 after acquiring an additional 1,877 shares in the last quarter. Morgan Stanley lifted its position in shares of White Mountains Insurance Group by 0.5% during the 3rd 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 last quarter. QRG Capital Management Inc. purchased a new position in shares of White Mountains Insurance Group in the 3rd quarter valued at $776,000. Envestnet Asset Management Inc. raised its stake in White Mountains Insurance Group by 67.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,083 shares of the insurance provider’s stock worth $18,072,000 after acquiring an additional 4,875 shares in the last quarter. Finally, UBS Group AG lifted its position in White Mountains Insurance Group by 51.0% in the third quarter. UBS Group AG now owns 1,770 shares of the insurance provider’s stock valued at $2,647,000 after acquiring an additional 598 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

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.