Triad Investment Management Makes New Investment in White Mountains Insurance Group, Ltd. $WTM

Triad Investment Management bought a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 2,548 shares of the insurance provider’s stock, valued at approximately $5,294,000. White Mountains Insurance Group comprises about 5.4% of Triad Investment Management’s holdings, making the stock its 4th largest position. Triad Investment Management owned about 0.10% of White Mountains Insurance Group at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Integrated Wealth Concepts LLC grew its position in White Mountains Insurance Group by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after acquiring an additional 27 shares in the last quarter. NewEdge Advisors LLC raised its position in White Mountains Insurance Group by 17.2% during the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock valued at $327,000 after purchasing an additional 25 shares during the period. Goldman Sachs Group Inc. raised its position in White Mountains Insurance Group by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock valued at $8,202,000 after purchasing an additional 1,504 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of White Mountains Insurance Group by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock valued at $21,737,000 after purchasing an additional 1,183 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of White Mountains Insurance Group by 101.4% in the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after purchasing an additional 291 shares during the period. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on WTM shares. Wall Street Zen raised White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $2,178.45 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $5.37 billion, a P/E ratio of 5.04 and a beta of 0.32. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,264.70. The company’s 50-day moving average is $2,164.91 and its 200 day moving average is $2,021.84.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.12%. The business had revenue of $1.60 billion for the quarter.

White Mountains Insurance Group Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were given a $1.00 dividend. This represents a yield of 5.0%. The ex-dividend date of this dividend was Monday, March 16th. White Mountains Insurance Group’s dividend payout ratio is 0.23%.

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.