Parkside Financial Bank & Trust Has $71,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Parkside Financial Bank & Trust decreased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 31.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47 shares of the insurance provider’s stock after selling 22 shares during the period. Parkside Financial Bank & Trust’s holdings in White Mountains Insurance Group were worth $71,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC boosted its position in White Mountains Insurance Group by 3.2% during the fourth quarter. Opal Wealth Advisors LLC now owns 223 shares of the insurance provider’s stock valued at $336,000 after purchasing an additional 7 shares during the last quarter. Ronald Blue Trust Inc. boosted its position in White Mountains Insurance Group by 61.5% during the third quarter. Ronald Blue Trust Inc. now owns 21 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 8 shares during the last quarter. Arizona State Retirement System boosted its position in White Mountains Insurance Group by 1.1% during the third quarter. Arizona State Retirement System now owns 729 shares of the insurance provider’s stock valued at $1,090,000 after purchasing an additional 8 shares during the last quarter. Blue Trust Inc. boosted its position in White Mountains Insurance Group by 38.1% during the fourth quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 8 shares during the last quarter. Finally, Essex Savings Bank boosted its position in White Mountains Insurance Group by 5.6% during the fourth quarter. Essex Savings Bank now owns 284 shares of the insurance provider’s stock valued at $427,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $1,784.11 on Friday. The firm has a market cap of $4.59 billion, a P/E ratio of 8.99 and a beta of 0.42. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. White Mountains Insurance Group, Ltd. has a 1-year low of $1,319.05 and a 1-year high of $1,849.99. The business’s 50 day moving average is $1,760.40 and its 200-day moving average is $1,603.01.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, February 7th. The insurance provider reported $27.14 earnings per share for the quarter. The company had revenue of $453.80 million for the quarter. White Mountains Insurance Group had a return on equity of 4.08% and a net margin of 23.50%.

White Mountains Insurance Group Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 11th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a dividend yield of 0.06%. White Mountains Insurance Group’s payout ratio is 0.50%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WTM. TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b” rating in a research report on Wednesday, January 17th. StockNews.com cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 13th.

White Mountains Insurance Group Company Profile

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.