White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Raymond James & Associates

Raymond James & Associates reduced its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,743 shares of the insurance provider’s stock after selling 945 shares during the period. Raymond James & Associates owned 0.85% of White Mountains Insurance Group worth $36,880,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WTM. Hexagon Capital Partners LLC lifted its holdings in White Mountains Insurance Group by 250.0% in the second 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 last quarter. Fidelis Capital Partners LLC acquired a new position in White Mountains Insurance Group in the first quarter valued at approximately $34,000. UMB Bank n.a. lifted its holdings in White Mountains Insurance Group by 40.0% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after acquiring an additional 8 shares during the last quarter. Family Firm Inc. acquired a new position in White Mountains Insurance Group in the second quarter valued at approximately $82,000. Finally, GAMMA Investing LLC lifted its holdings in White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after acquiring an additional 25 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Down 0.6 %

WTM opened at $1,831.98 on Thursday. White Mountains Insurance Group, Ltd. has a one year low of $1,401.01 and a one year high of $1,899.91. The stock has a market capitalization of $4.70 billion, a PE ratio of 8.29 and a beta of 0.43. The business’s 50 day moving average price is $1,775.18 and its 200 day moving average price is $1,763.63. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.83.

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

White Mountains Insurance Group 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.