Creative Planning Sells 38 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Creative Planning reduced its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,336 shares of the insurance provider’s stock after selling 38 shares during the quarter. Creative Planning owned 0.09% of White Mountains Insurance Group worth $3,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. O Shaughnessy Asset Management LLC lifted its stake in White Mountains Insurance Group by 0.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,038 shares of the insurance provider’s stock valued at $1,862,000 after acquiring an additional 7 shares during the period. Main Street Financial Solutions LLC boosted its holdings in White Mountains Insurance Group by 0.7% in the second quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock worth $1,816,000 after purchasing an additional 7 shares during the last quarter. UMB Bank n.a. grew its position in White Mountains Insurance Group by 40.0% in the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 8 shares during the period. Hexagon Capital Partners LLC raised its stake in White Mountains Insurance Group by 250.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after buying an additional 10 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of White Mountains Insurance Group by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 715 shares of the insurance provider’s stock valued at $1,299,000 after buying an additional 11 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

WTM stock opened at $1,815.94 on Friday. The company has a market cap of $4.66 billion, a P/E ratio of 8.22 and a beta of 0.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.83 and a quick ratio of 0.83. White Mountains Insurance Group, Ltd. has a 1 year low of $1,401.01 and a 1 year high of $1,899.91. The stock’s fifty day moving average price is $1,778.68 and its 200-day moving average price is $1,764.55.

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

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.