Reinhart Partners LLC. Buys 2,364 Shares of White Mountains Insurance Group, Ltd. $WTM

Reinhart Partners LLC. raised its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 43,973 shares of the insurance provider’s stock after buying an additional 2,364 shares during the period. White Mountains Insurance Group accounts for about 2.7% of Reinhart Partners LLC.’s portfolio, making the stock its 17th largest holding. Reinhart Partners LLC.’s holdings in White Mountains Insurance Group were worth $91,413,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WTM. Miller Global Investments LLC acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at $25,000. Torren Management LLC acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at $27,000. Ameriflex Group Inc. acquired a new stake in White Mountains Insurance Group in the 3rd quarter valued at $33,000. Geneos Wealth Management Inc. increased its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after buying an additional 13 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at $42,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WTM has been the topic of several recent research reports. Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, May 7th. Wall Street Zen lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

White Mountains Insurance Group Stock Down 0.3%

White Mountains Insurance Group stock opened at $2,056.78 on Wednesday. The firm has a market capitalization of $5.10 billion, a PE ratio of 5.06 and a beta of 0.29. The company’s 50-day moving average is $2,190.51 and its 200-day moving average is $2,124.08. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The firm had revenue of $517.80 million for the quarter, compared to analyst estimates of $515.40 million. White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%. Sell-side analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 earnings per share for the current year.

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.