Strs Ohio lowered shares position in White Mountains Insurance Group, Ltd. (NYSE:WTM)


Strs Ohio reduced its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating ) by 5.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,924 shares of the insurance provider’s stock after selling 104 shares during the period. Strs Ohio’s holdings in White Mountains Insurance Group were worth $2,186,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Adams Wealth Management lifted its position in shares of White Mountains Insurance Group by 3.4% in the first quarter. Adams Wealth Management now owns 459 shares of the insurance provider’s stock valued at $522,000 after purchasing an additional 15 shares in the last quarter. Connable Office Inc. raised its stake in White Mountains Insurance Group by 10.0% during the 4th quarter. Connable Office Inc. now owns 232 shares of the insurance provider’s stock valued at $235,000 after buying an additional 21 shares during the period. Williams Jones Wealth Management LLC. raised its stake in White Mountains Insurance Group by 0.4% in the 4th quarter. Williams Jones Wealth Management LLC. now owns 5,366 shares of the insurance provider’s stock valued at $5,441,000 after buying an additional 23 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in White Mountains Insurance Group by 10.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 235 shares of the insurance provider’s stock valued at $238,000 after buying an additional 23 shares during the period. Finally, M&T Bank Corp lifted its stake in White Mountains Insurance Group by 6.7% during the 4th quarter. M&T Bank Corp now owns 396 shares of the insurance provider’s stock valued at $401,000 after buying an additional 25 shares during the period. 88.95% of the shares are currently owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on WTM. StockNews.com raised White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 17th. TheStreet raised White Mountains Insurance Group from a “c” rating to a “b-” rating in a research note on Monday, June 6th.

NYSE:WTM opened at $1,242.56 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.72, and a quick ratio of 0.72. White Mountains Insurance Group, Ltd. has a 1-year low of $978.51 and a 1-year high of $1,291.50. The stock’s 50-day simple moving average is $1,206.19, and its 200-day simple moving average is $1,106.34. The company has a market cap of $3.70 billion, a price-to-earnings ratio of -23.16 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM – Get Rating ) last posted its quarterly earnings data on Friday, May 6th. The insurance provider reported $7.64 earnings per share (EPS) for the quarter. The firm had revenue of $338.50 million during the quarter.

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of White Mountains Insurance Group stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $1,270.94, for a total value of $127,094.00. Following the sale, the chief accounting officer now owns 1,563 shares of the company’s stock, valued at approximately $1,986,479.22. The transaction was disclosed in a filing with the SEC, which is available via this hyperlink. Insiders own 2.57% of the company’s stock.

White Mountains Insurance Group Profile (Get Rating)

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates in five segments: HG Global/BAM, Ark, NSM, Kudu and other operations. 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.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)



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