PNC Financial Services Group Inc. Has $135,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

PNC Financial Services Group Inc. reduced its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 9.3% in the 2nd quarter, Holdings Channel reports. The firm owned 117 shares of the insurance provider’s stock after selling 12 shares during the period. PNC Financial Services Group Inc.’s holdings in White Mountains Insurance Group were worth $135,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. River Road Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 5.2% during the first quarter. River Road Asset Management LLC now owns 169,859 shares of the insurance provider’s stock worth $189,376,000 after buying an additional 8,455 shares during the last quarter. BlackRock Inc. lifted its stake in shares of White Mountains Insurance Group by 3.6% during the first quarter. BlackRock Inc. now owns 141,487 shares of the insurance provider’s stock valued at $157,744,000 after acquiring an additional 4,912 shares during the period. Boston Partners lifted its stake in White Mountains Insurance Group by 3.9% in the first quarter. Boston Partners now owns 137,195 shares of the insurance provider’s stock valued at $153,633,000 after buying an additional 5,199 shares during the period. Wallace Capital Management Inc. grew its stake in White Mountains Insurance Group by 4.9% in the first quarter. Wallace Capital Management Inc. now owns 72,925 shares of the insurance provider’s stock valued at $84,835,000 after purchasing an additional 3,423 shares in the last quarter. Finally, Scout Investments Inc. grew its stake in White Mountains Insurance Group by 185.3% in the second quarter. Scout Investments Inc. now owns 56,390 shares of the insurance provider’s stock valued at $64,737,000 after purchasing an additional 36,628 shares in the last quarter. Hedge funds and other institutional investors own 88.94% of the company’s stock.

Separately, TheStreet downgraded White Mountains Insurance Group from a “b” rating to a “c+” rating in a research note on Wednesday, June 2nd.

WTM stock opened at $1,068.60 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.10. The business has a 50 day moving average price of $1,118.11 and a two-hundred day moving average price of $1,148.94. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 4.22 and a beta of 0.50. White Mountains Insurance Group, Ltd. has a twelve month low of $752.10 and a twelve month high of $1,267.52.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Friday, August 6th. The insurance provider reported $25.38 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 2.47% and a net margin of 49.54%. The company had revenue of $254.10 million during the quarter.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu, and Other Operations. The HG Global/BAM segment refers to the White Mountains’s investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).

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

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