Principal Financial Group Inc. Reduces Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Principal Financial Group Inc. lowered its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 16.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158 shares of the insurance provider’s stock after selling 31 shares during the quarter. Principal Financial Group Inc.’s holdings in White Mountains Insurance Group were worth $268,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of WTM. Hexagon Capital Partners LLC increased its holdings in shares of 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. UMB Bank n.a. grew its position in White Mountains Insurance Group by 40.0% during 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 last quarter. Family Firm Inc. acquired a new position in White Mountains Insurance Group in the second quarter valued at $82,000. GAMMA Investing LLC raised its holdings in shares of 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 buying an additional 25 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of White Mountains Insurance Group during the second quarter worth about $93,000. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $2,015.00 on Tuesday. The stock’s 50-day moving average price is $1,815.65 and its 200 day moving average price is $1,779.95. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $5.18 billion, a PE ratio of 7.98 and a beta of 0.43. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $2,017.55.

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.