Wellington Management Group LLP Sells 352 Shares of White Mountains Insurance Group, Ltd. $WTM

Wellington Management Group LLP cut its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,532 shares of the insurance provider’s stock after selling 352 shares during the quarter. Wellington Management Group LLP owned approximately 0.61% of White Mountains Insurance Group worth $30,131,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Smartleaf Asset Management LLC raised its stake in White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 7 shares during the period. Gables Capital Management Inc. purchased a new stake in White Mountains Insurance Group during the 2nd quarter valued at approximately $31,000. Geneos Wealth Management Inc. raised 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 valued at $33,000 after buying an additional 13 shares during the last quarter. Global Assets Advisory LLC bought a new stake in shares of White Mountains Insurance Group during the first quarter valued at approximately $33,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of White Mountains Insurance Group in the fourth quarter worth $39,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 0.5%

Shares of WTM opened at $2,100.96 on Friday. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 4.78 and a beta of 0.30. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,333.00. The business’s 50 day simple moving average is $2,142.10 and its 200-day simple moving average is $2,154.33. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.74 and a quick ratio of 0.74.

Analyst Ratings Changes

Several equities analysts recently weighed in on WTM shares. Weiss Ratings raised shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, August 12th. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate 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.