White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Position Trimmed by Ritholtz Wealth Management

Ritholtz Wealth Management decreased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 249 shares of the insurance provider’s stock after selling 17 shares during the period. Ritholtz Wealth Management’s holdings in White Mountains Insurance Group were worth $453,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Hexagon Capital Partners LLC increased its position in White Mountains Insurance Group by 250.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after acquiring an additional 10 shares during the period. Montag A & Associates Inc. acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $29,000. Fidelis Capital Partners LLC acquired a new stake in White Mountains Insurance Group in the first quarter worth about $34,000. UMB Bank n.a. grew its position in White Mountains Insurance Group by 53.8% in the 1st quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock valued at $36,000 after buying an additional 7 shares in the last quarter. Finally, Family Firm Inc. acquired a new position in White Mountains Insurance Group during the 2nd quarter valued at about $82,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Up 0.5 %

WTM stock opened at $1,831.72 on Thursday. The firm’s 50-day moving average is $1,755.53 and its two-hundred day moving average is $1,764.98. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 8.29 and a beta of 0.44. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $1,899.21.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) EPS for the quarter. The firm had revenue of $455.60 million for the quarter. White Mountains Insurance Group had a return on equity of 7.62% and a net margin of 21.40%.

About White Mountains Insurance Group

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.