Swiss National Bank buys 300 shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)


Swiss National Bank boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating ) by 4.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,146 shares of the insurance provider’s stock after acquiring an additional 300 shares during the period. Swiss National Bank owned approximately 0.24% of White Mountains Insurance Group worth $8,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in WTM. Quent Capital LLC bought a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $42,000. Ensign Peak Advisors Inc purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $81,000. Johnson Financial Group Inc. bought a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $84,000. Sageworth Trust Co of South Dakota bought a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $133,000. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of White Mountains Insurance Group by 63.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 206 shares of the insurance provider’s stock valued at $209,000 after buying an additional 80 shares during the period. Institutional investors own 88.95% of the company’s shares.

Analysts set new price targets

Several equities analysts recently issued reports on WTM shares. StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 10th. TheStreet raised White Mountains Insurance Group from a “c” rating to a “b-” rating in a research note on Monday, June 6th.

Shares in White Mountains Insurance Group rose 0.5%

NYSE WTM opened at $1,305.13 on Friday. The business has a fifty day moving average of $1249.51 and a two hundred day moving average of $1154.38. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.69, and a quick-earnings ratio of 0.69. White Mountains Insurance Group, Ltd. has a fifty-two week low of $978.51 and a fifty-two week high of $1310.27. The stock has a market cap of $3.80 billion, a PE ratio of -8.42 and a beta of 0.43.

Insiders place their bets

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the company’s stock in a transaction on Tuesday, May 31st. The shares were sold at an average price of $1,270.94, for a total transaction of $127,094.00. Following the completion of the sale, the chief accounting officer now directly owns 1,563 shares in the company, valued at $1,986,479.22. The transaction was disclosed in a filing with the Securities and Exchange Commission, which can be accessed through the SEC’s website. Corporate insiders own 2.57% of the company’s shares.

White Mountains Insurance Group Company Profile

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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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