Victory Capital Management Inc. Reduces Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Victory Capital Management Inc. decreased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 44.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,353 shares of the insurance provider’s stock after selling 5,084 shares during the quarter. Victory Capital Management Inc. owned approximately 0.25% of White Mountains Insurance Group worth $10,776,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in WTM. OFI Invest Asset Management purchased a new stake in shares of White Mountains Insurance Group in the 2nd quarter worth $526,000. Harbor Capital Advisors Inc. raised its stake in shares of White Mountains Insurance Group by 282.1% in the second quarter. Harbor Capital Advisors Inc. now owns 1,192 shares of the insurance provider’s stock worth $2,166,000 after buying an additional 880 shares during the period. Reinhart Partners LLC. lifted its position in shares of White Mountains Insurance Group by 3.9% during the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock valued at $66,778,000 after buying an additional 1,490 shares in the last quarter. Lecap Asset Management Ltd. purchased a new position in White Mountains Insurance Group during the third quarter valued at approximately $502,000. Finally, Russell Investments Group Ltd. boosted its holdings in White Mountains Insurance Group by 2,125.0% in the 1st quarter. Russell Investments Group Ltd. now owns 356 shares of the insurance provider’s stock worth $639,000 after buying an additional 340 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $1,945.75 on Thursday. The stock has a 50-day moving average price of $1,805.17 and a 200 day moving average price of $1,778.84. The stock has a market capitalization of $5.00 billion, a P/E ratio of 7.70 and a beta of 0.43. White Mountains Insurance Group, Ltd. has a 12-month low of $1,401.01 and a 12-month high of $1,947.87. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

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.