White Mountains Insurance Group, Ltd. $WTM Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 260.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 913 shares of the insurance provider’s stock after acquiring an additional 660 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in White Mountains Insurance Group were worth $1,897,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WTM. Integrated Wealth Concepts LLC lifted its stake in White Mountains Insurance Group by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock valued at $314,000 after acquiring an additional 27 shares during the period. NewEdge Advisors LLC lifted its stake in White Mountains Insurance Group by 17.2% during the 1st quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock valued at $327,000 after acquiring an additional 25 shares during the period. Goldman Sachs Group Inc. lifted its stake in White Mountains Insurance Group by 54.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock valued at $8,202,000 after acquiring an additional 1,504 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in White Mountains Insurance Group by 11.7% during 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 acquiring an additional 1,183 shares during the period. Finally, Jane Street Group LLC lifted its stake in White Mountains Insurance Group by 101.4% during the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock valued at $1,113,000 after acquiring an additional 291 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WTM has been the subject of several recent research reports. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a report on Monday, March 2nd. Wall Street Zen lowered shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, White Mountains Insurance Group has an average rating of “Buy”.

White Mountains Insurance Group Price Performance

NYSE:WTM opened at $2,270.79 on Tuesday. 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 cap of $5.63 billion, a price-to-earnings ratio of 5.25 and a beta of 0.35. The company has a 50 day moving average price of $2,224.22 and a 200-day moving average price of $2,087.51. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,333.00.

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

White Mountains Insurance Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, March 25th. Investors of record on Monday, March 16th were issued 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 payout ratio is presently 0.23%.

White Mountains Insurance Group Profile

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.