Capula Management Ltd Buys Shares of 921 White Mountains Insurance Group, Ltd. $WTM

Capula Management Ltd bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 921 shares of the insurance provider’s stock, valued at approximately $2,023,000.

Other large investors have also modified their holdings of the company. Torren Management LLC acquired a new stake in shares of White Mountains Insurance Group during the fourth quarter worth $27,000. Smartleaf Asset Management LLC increased its stake in White Mountains Insurance Group by 100.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock valued at $29,000 after buying an additional 7 shares during the period. Geneos Wealth Management Inc. increased its stake in White Mountains Insurance Group by 325.0% in the 1st 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 period. Global Assets Advisory LLC purchased a new position in White Mountains Insurance Group during the 1st quarter worth $33,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on WTM shares. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. Wall Street Zen lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Weiss Ratings cut White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

White Mountains Insurance Group Stock Performance

WTM opened at $2,174.47 on Friday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,333.00. The stock has a market cap of $5.39 billion, a P/E ratio of 5.35 and a beta of 0.29. The stock’s 50 day simple moving average is $2,100.51 and its 200 day simple moving average is $2,144.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share (EPS) for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The firm had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. As a group, equities analysts anticipate that White Mountains Insurance Group, Ltd. will post 134 EPS for the current fiscal year.

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.