White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Holdings Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,414 shares of the insurance provider’s stock after purchasing an additional 238 shares during the period. Envestnet Asset Management Inc.’s holdings in White Mountains Insurance Group were worth $31,926,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WTM. Vanguard Group Inc. raised its position in White Mountains Insurance Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider’s stock valued at $489,647,000 after acquiring an additional 956 shares in the last quarter. Boston Partners raised its holdings in shares of White Mountains Insurance Group by 0.4% during the 4th quarter. Boston Partners now owns 85,445 shares of the insurance provider’s stock valued at $165,820,000 after purchasing an additional 348 shares in the last quarter. State Street Corp lifted its stake in shares of White Mountains Insurance Group by 5.2% in the 3rd quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock valued at $93,082,000 after purchasing an additional 2,714 shares during the last quarter. Geode Capital Management LLC boosted its holdings in White Mountains Insurance Group by 0.7% in the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock worth $67,603,000 after purchasing an additional 273 shares in the last quarter. Finally, Cooke & Bieler LP acquired a new position in White Mountains Insurance Group during the fourth quarter worth $66,268,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Up 1.6 %

Shares of White Mountains Insurance Group stock opened at $1,734.59 on Friday. White Mountains Insurance Group, Ltd. has a 12-month low of $1,665.71 and a 12-month high of $2,023.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average price of $1,850.32 and a two-hundred day moving average price of $1,873.93. The stock has a market capitalization of $4.41 billion, a P/E ratio of 19.28 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data 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 firm also recently declared an annual dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th were given a $1.00 dividend. This represents a dividend yield of 0.05%. The ex-dividend date was Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio is currently 1.11%.

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.