Vanguard Group Inc. Grows Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Vanguard Group Inc. grew its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 0.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 253,419 shares of the insurance provider’s stock after purchasing an additional 26 shares during the period. Vanguard Group Inc. owned about 9.90% of White Mountains Insurance Group worth $381,398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Opal Wealth Advisors LLC increased its stake in White Mountains Insurance Group by 3.2% in the fourth quarter. Opal Wealth Advisors LLC now owns 223 shares of the insurance provider’s stock worth $336,000 after purchasing an additional 7 shares during the period. Blue Trust Inc. increased its stake in White Mountains Insurance Group by 38.1% in the fourth quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 8 shares during the period. Summit Trail Advisors LLC increased its stake in White Mountains Insurance Group by 6.2% in the fourth quarter. Summit Trail Advisors LLC now owns 171 shares of the insurance provider’s stock worth $257,000 after purchasing an additional 10 shares during the period. Essex Savings Bank increased its stake in White Mountains Insurance Group by 5.6% in the fourth quarter. Essex Savings Bank now owns 284 shares of the insurance provider’s stock worth $427,000 after purchasing an additional 15 shares during the period. Finally, Treasurer of the State of North Carolina increased its stake in shares of White Mountains Insurance Group by 1.2% during the fourth quarter. Treasurer of the State of North Carolina now owns 1,240 shares of the insurance provider’s stock valued at $1,866,000 after buying an additional 15 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Insider Activity at White Mountains Insurance Group

In related news, major shareholder Mountains Insurance Grou White sold 5,000,200 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $19.00, for a total transaction of $95,003,800.00. Following the sale, the insider now owns 17,856,614 shares of the company’s stock, valued at $339,275,666. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 13th.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,766.79 on Friday. The firm has a market cap of $4.54 billion, a P/E ratio of 7.99 and a beta of 0.44. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.11. White Mountains Insurance Group, Ltd. has a 12 month low of $1,358.04 and a 12 month high of $1,899.21. The stock’s fifty day moving average price is $1,778.36 and its 200-day moving average price is $1,695.80.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Thursday, May 9th. The insurance provider reported $86.04 EPS for the quarter. The firm had revenue of $394.90 million for the quarter. White Mountains Insurance Group had a return on equity of 8.34% and a net margin of 24.81%.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. 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.