Texas Yale Capital Corp. Takes Position in White Mountains Insurance Group, Ltd. $WTM

Texas Yale Capital Corp. bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 680 shares of the insurance provider’s stock, valued at approximately $1,137,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wedbush Securities Inc. boosted its stake in shares of White Mountains Insurance Group by 2.9% during the 2nd quarter. Wedbush Securities Inc. now owns 211 shares of the insurance provider’s stock worth $379,000 after acquiring an additional 6 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in White Mountains Insurance Group by 6.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 105 shares of the insurance provider’s stock valued at $189,000 after purchasing an additional 6 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in White Mountains Insurance Group by 3.0% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider’s stock valued at $401,000 after purchasing an additional 7 shares during the last quarter. CWM LLC boosted its position in White Mountains Insurance Group by 34.8% during the second quarter. CWM LLC now owns 31 shares of the insurance provider’s stock worth $56,000 after purchasing an additional 8 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in shares of White Mountains Insurance Group by 1.7% in the third quarter. Farther Finance Advisors LLC now owns 476 shares of the insurance provider’s stock valued at $796,000 after purchasing an additional 8 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

Insiders Place Their Bets

In other White Mountains Insurance Group news, Director Philip A. Gelston sold 165 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the transaction, the director owned 1,568 shares in the company, valued at $3,212,063.68. This represents a 9.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.00% of the stock is owned by company insiders.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM opened at $2,189.53 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.75 and a quick ratio of 0.75. The stock’s fifty day moving average price is $2,074.75 and its two-hundred day moving average price is $1,933.69. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,232.50. The firm has a market cap of $5.56 billion, a price-to-earnings ratio of 5.06 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing analysts’ consensus estimates of $379.45 by ($339.68). The firm had revenue of $674.40 million for the quarter. White Mountains Insurance Group had a return on equity of 8.41% and a net margin of 29.62%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, White Mountains Insurance Group has an average rating of “Hold”.

About White Mountains Insurance Group

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.