White Mountains Insurance Group (NYSE:WTM) Shares Gap Up – Should You Buy?

White Mountains Insurance Group, Ltd. (NYSE:WTM)’s share price gapped up prior to trading on Monday . The stock had previously closed at $1,889.94, but opened at $1,929.45. White Mountains Insurance Group shares last traded at $1,924.56, with a volume of 6,445 shares changing hands.

Analyst Ratings Changes

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

White Mountains Insurance Group Stock Up 0.2 %

The company’s 50 day moving average price is $1,882.91 and its two-hundred day moving average price is $1,860.74. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.81 billion, a PE ratio of 21.04 and a beta of 0.41.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) 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 business also recently announced an annual dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 17th will be issued a dividend of $1.00 per share. This represents a yield of 0.05%. The ex-dividend date of this dividend is Monday, March 17th. White Mountains Insurance Group’s dividend payout ratio (DPR) is 1.11%.

Institutional Investors Weigh In On White Mountains Insurance Group

Large investors have recently modified their holdings of the business. Cooke & Bieler LP purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at approximately $66,268,000. Raymond James Financial Inc. purchased a new position in White Mountains Insurance Group in the fourth quarter worth approximately $63,160,000. Norges Bank purchased a new stake in White Mountains Insurance Group in the fourth quarter valued at $59,661,000. Proficio Capital Partners LLC acquired a new position in shares of White Mountains Insurance Group in the 4th quarter valued at $45,407,000. Finally, WCM Investment Management LLC purchased a new position in shares of White Mountains Insurance Group during the 4th quarter worth $22,477,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

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.