VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 518.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 990 shares of the insurance provider’s stock after buying an additional 830 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in White Mountains Insurance Group were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of WTM. Eagle Bay Advisors LLC lifted its position in shares of White Mountains Insurance Group by 5.5% during the third quarter. Eagle Bay Advisors LLC now owns 115 shares of the insurance provider’s stock worth $231,000 after acquiring an additional 6 shares in the last quarter. Choreo LLC boosted its holdings in shares of White Mountains Insurance Group by 2.0% in the third quarter. Choreo LLC now owns 300 shares of the insurance provider’s stock worth $602,000 after acquiring an additional 6 shares during the period. Midwest Professional Planners LTD. grew its position in shares of White Mountains Insurance Group by 1.8% in the first quarter. Midwest Professional Planners LTD. now owns 395 shares of the insurance provider’s stock valued at $868,000 after purchasing an additional 7 shares in the last quarter. Legacy Wealth Asset Management LLC grew its position in shares of White Mountains Insurance Group by 2.5% in the second quarter. Legacy Wealth Asset Management LLC now owns 329 shares of the insurance provider’s stock valued at $682,000 after purchasing an additional 8 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of White Mountains Insurance Group by 1.9% in the first quarter. PNC Financial Services Group Inc. now owns 546 shares of the insurance provider’s stock valued at $1,200,000 after purchasing an additional 10 shares in the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Weiss Ratings raised White Mountains Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Wall Street Zen downgraded White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
White Mountains Insurance Group Trading Down 1.4%
Shares of WTM stock opened at $2,285.22 on Wednesday. The company has a market capitalization of $5.46 billion, a PE ratio of 5.20 and a beta of 0.28. White Mountains Insurance Group, Ltd. has a 52-week low of $1,870.00 and a 52-week high of $2,349.36. The business’s fifty day moving average is $2,110.01 and its 200 day moving average is $2,138.38. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.74 and a current ratio of 0.74.
White Mountains Insurance Group Profile
White Mountains Insurance Group, Ltd. is a Bermuda-based holding company that owns and manages businesses in the property and casualty insurance, reinsurance, insurance services and asset management sectors. Rather than operating as a single traditional insurer, the company invests in and supports a portfolio of specialty businesses.
Its insurance-related operations have included specialty insurance and reinsurance platforms serving commercial and personal lines, program administrators, and municipal bond insurance.
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