Legal & General Group Plc acquired a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,257 shares of the insurance provider’s stock, valued at approximately $4,680,000. Legal & General Group Plc owned approximately 0.09% of White Mountains Insurance Group as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in WTM. Sei Investments Co. lifted its position in shares of White Mountains Insurance Group by 40.2% in the first quarter. Sei Investments Co. now owns 11,098 shares of the insurance provider’s stock worth $24,382,000 after buying an additional 3,182 shares during the last quarter. Edgestream Partners L.P. increased its holdings in shares of White Mountains Insurance Group by 491.7% during the 1st quarter. Edgestream Partners L.P. now owns 3,130 shares of the insurance provider’s stock valued at $6,876,000 after acquiring an additional 2,601 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of White Mountains Insurance Group by 34.6% during the 1st quarter. Quantinno Capital Management LP now owns 9,784 shares of the insurance provider’s stock valued at $21,495,000 after acquiring an additional 2,513 shares during the last quarter. Winmill & CO. Inc. bought a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at approximately $9,952,000. Finally, Amundi acquired a new stake in White Mountains Insurance Group in the 1st quarter worth approximately $1,351,000. 88.65% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Weiss Ratings raised White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, August 12th. Wall Street Zen upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Zacks Research raised shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
White Mountains Insurance Group Trading Up 0.5%
White Mountains Insurance Group stock opened at $2,114.30 on Friday. White Mountains Insurance Group, Ltd. has a 52 week low of $1,648.00 and a 52 week high of $2,333.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $5.05 billion, a PE ratio of 4.81 and a beta of 0.30. The business’s 50-day simple moving average is $2,141.82 and its 200-day simple moving average is $2,154.70.
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.
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