White Mountains Insurance Group, Ltd. (WTM) To Go Ex-Dividend on March 16th

White Mountains Insurance Group, Ltd. (NYSE:WTM) announced an annual dividend on Thursday, February 26th. Investors of record on Monday, March 16th will be given a dividend of 1.00 per share by the insurance provider on Wednesday, March 25th. This represents a yield of 4.0%. The ex-dividend date of this dividend is Monday, March 16th.

White Mountains Insurance Group has a payout ratio of 0.9% indicating that its dividend is sufficiently covered by earnings.

White Mountains Insurance Group Price Performance

White Mountains Insurance Group stock traded up $0.53 on Friday, reaching $2,223.50. The company’s stock had a trading volume of 21,669 shares, compared to its average volume of 16,271. The business’s fifty day moving average price is $2,106.09 and its 200 day moving average price is $1,959.15. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.75 and a current ratio of 0.75. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 5.14 and a beta of 0.36. White Mountains Insurance Group has a twelve month low of $1,648.00 and a twelve month high of $2,264.70.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.41% and a net margin of 29.62%.The company had revenue of $1.60 billion for the quarter.

Insiders Place Their Bets

In other White Mountains Insurance Group news, Director Philip A. Gelston sold 165 shares of White Mountains Insurance Group stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total value of $338,004.15. Following the transaction, the director owned 1,568 shares of the company’s stock, valued at approximately $3,212,063.68. The trade was a 9.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On White Mountains Insurance Group

Several institutional investors have recently added to or reduced their stakes in WTM. Legacy Wealth Asset Management LLC increased its holdings in White Mountains Insurance Group by 1.6% during the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider’s stock worth $650,000 after purchasing an additional 5 shares in the last quarter. NewEdge Wealth LLC boosted its position in shares of White Mountains Insurance Group by 4.3% during the fourth quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock worth $254,000 after buying an additional 5 shares during the period. Federation des caisses Desjardins du Quebec grew its holdings in shares of White Mountains Insurance Group by 10.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 55 shares of the insurance provider’s stock worth $114,000 after buying an additional 5 shares in the last quarter. Wedbush Securities Inc. raised its position in White Mountains Insurance Group by 2.2% in the 4th quarter. Wedbush Securities Inc. now owns 229 shares of the insurance provider’s stock valued at $476,000 after buying an additional 5 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in White Mountains Insurance Group by 6.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock valued at $189,000 after buying an additional 6 shares during the last quarter. 88.65% of the stock is owned by institutional investors.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.