Triad Investment Management Invests $5.29 Million in White Mountains Insurance Group, Ltd. $WTM

Triad Investment Management purchased a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 4th quarter, Holdings Channel reports. The fund purchased 2,548 shares of the insurance provider’s stock, valued at approximately $5,294,000. White Mountains Insurance Group makes up 5.4% of Triad Investment Management’s portfolio, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WTM. Miller Global Investments LLC bought a new position in White Mountains Insurance Group in the 4th quarter worth about $25,000. Geneos Wealth Management Inc. increased its position in shares of White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares during the period. Ameriflex Group Inc. bought a new stake in shares of White Mountains Insurance Group during the third quarter valued at approximately $33,000. Covestor Ltd raised its stake in shares of White Mountains Insurance Group by 366.7% during the third quarter. Covestor Ltd now owns 28 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 22 shares in the last quarter. Finally, Quarry LP purchased a new stake in shares of White Mountains Insurance Group in the third quarter valued at approximately $52,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 0.8%

NYSE WTM opened at $2,178.45 on Thursday. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,264.70. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market capitalization of $5.37 billion, a price-to-earnings ratio of 5.04 and a beta of 0.32. The company’s 50-day simple moving average is $2,164.91 and its two-hundred day simple moving average is $2,021.84.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly 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). White Mountains Insurance Group had a return on equity of 8.12% and a net margin of 29.62%.The business had revenue of $1.60 billion during the quarter.

White Mountains Insurance Group Announces Dividend

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

Analyst Upgrades and Downgrades

WTM has been the topic of several research analyst reports. Wall Street Zen raised White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Weiss Ratings upgraded White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b+)” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

White Mountains Insurance Group Company 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.