Brandes Investment Partners LP Purchases 84 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Brandes Investment Partners LP boosted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 32.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 339 shares of the insurance provider’s stock after purchasing an additional 84 shares during the period. Brandes Investment Partners LP’s holdings in White Mountains Insurance Group were worth $616,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. UMB Bank n.a. lifted its stake in shares of 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 worth $36,000 after purchasing an additional 7 shares during the period. O Shaughnessy Asset Management LLC boosted its stake in shares of 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 worth $1,862,000 after acquiring an additional 7 shares during the last quarter. Main Street Financial Solutions LLC grew its position in shares of White Mountains Insurance Group by 0.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock valued at $1,816,000 after acquiring an additional 7 shares during the period. Hexagon Capital Partners LLC grew its position in shares of 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 acquiring an additional 10 shares during the period. Finally, Arizona State Retirement System increased its stake in shares of White Mountains Insurance Group by 1.6% in the 2nd quarter. Arizona State Retirement System now owns 715 shares of the insurance provider’s stock worth $1,299,000 after purchasing an additional 11 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

NYSE WTM opened at $1,696.20 on Tuesday. The business’s fifty day moving average is $1,748.54 and its 200 day moving average is $1,760.05. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,401.01 and a fifty-two week high of $1,899.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $4.35 billion, a PE ratio of 7.67 and a beta of 0.44.

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

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.