California State Teachers Retirement System Grows Stock Position in White Mountains Insurance Group, Ltd. $WTM

California State Teachers Retirement System increased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 198,189.9% in the second quarter, Holdings Channel reports. The institutional investor owned 5,724,630 shares of the insurance provider’s stock after acquiring an additional 5,721,743 shares during the period. California State Teachers Retirement System owned approximately 2.40% of White Mountains Insurance Group worth $11,869,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 100.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after acquiring an additional 7 shares during the last quarter. Gables Capital Management Inc. bought a new position in White Mountains Insurance Group in the 2nd quarter worth about $31,000. Global Assets Advisory LLC bought a new position in White Mountains Insurance Group in the 1st quarter worth about $33,000. Geneos Wealth Management Inc. increased its position in shares of White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 13 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at approximately $39,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Down 2.4%

Shares of NYSE WTM opened at $2,053.85 on Wednesday. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 and a 12-month high of $2,333.00. The stock’s fifty day simple moving average is $2,142.13 and its two-hundred day simple moving average is $2,152.08. The stock has a market capitalization of $4.91 billion, a PE ratio of 4.67 and a beta of 0.30. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.15.

Analyst Upgrades and Downgrades

WTM has been the topic of several research reports. Zacks Research upgraded White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings upgraded White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, August 12th. Finally, Wall Street Zen raised shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, White Mountains Insurance Group currently has an average rating of “Moderate Buy”.

White Mountains Insurance Group Company Profile

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.