White Mountains Insurance Group, Ltd. $WTM Shares Bought by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. lifted its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTMFree Report) by 4.8% in the third quarter, Holdings Channel.com reports. The fund owned 22,606 shares of the insurance provider’s stock after purchasing an additional 1,030 shares during the quarter. White Mountains Insurance Group accounts for approximately 5.9% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 4th largest position. Mraz Amerine & Associates Inc.’s holdings in White Mountains Insurance Group were worth $37,787,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Integrated Wealth Concepts LLC raised its position in White Mountains Insurance Group by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after purchasing an additional 27 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of White Mountains Insurance Group by 17.2% in the 1st quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock valued at $327,000 after purchasing an additional 25 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of White Mountains Insurance Group by 54.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock worth $8,202,000 after buying an additional 1,504 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of White Mountains Insurance Group by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock worth $21,737,000 after buying an additional 1,183 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of White Mountains Insurance Group by 101.4% during the 1st quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after buying an additional 291 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on WTM

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $2,186.06 on Friday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,232.50. The company has a 50 day moving average of $2,068.17 and a 200-day moving average of $1,926.06. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 5.06 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTMGet Free Report) last announced its earnings results on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing the consensus estimate of $379.45 by ($339.68). White Mountains Insurance Group had a return on equity of 8.41% and a net margin of 29.62%.The business had revenue of $674.40 million during the quarter.

Insider Buying and Selling

In other news, Director Philip A. Gelston sold 165 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the sale, the director owned 1,568 shares in the company, valued at approximately $3,212,063.68. This represents a 9.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.20% of the company’s stock.

White Mountains Insurance Group Profile

(Free Report)

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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