Price T Rowe Associates Inc. MD Reduces Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Price T Rowe Associates Inc. MD decreased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 11.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,410 shares of the insurance provider’s stock after selling 178 shares during the period. Price T Rowe Associates Inc. MD’s holdings in White Mountains Insurance Group were worth $1,619,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of WTM. Scout Investments Inc. boosted its holdings 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 acquiring an additional 36,628 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in White Mountains Insurance Group by 39.5% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 96,609 shares of the insurance provider’s stock valued at $110,910,000 after acquiring an additional 27,376 shares during the period. AQR Capital Management LLC boosted its stake in White Mountains Insurance Group by 175.6% in the second quarter. AQR Capital Management LLC now owns 28,344 shares of the insurance provider’s stock valued at $32,384,000 after acquiring an additional 18,059 shares during the period. State Street Corp boosted its position in shares of White Mountains Insurance Group by 27.0% during the second quarter. State Street Corp now owns 60,784 shares of the insurance provider’s stock worth $69,782,000 after buying an additional 12,904 shares during the period. Finally, Artisan Partners Limited Partnership boosted its position in shares of White Mountains Insurance Group by 23.7% during the second quarter. Artisan Partners Limited Partnership now owns 65,487 shares of the insurance provider’s stock worth $75,181,000 after buying an additional 12,527 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

Separately, TheStreet raised White Mountains Insurance Group from a “c+” rating to a “b-” rating in a report on Monday, September 20th.

NYSE WTM opened at $1,057.54 on Thursday. The stock has a market capitalization of $3.19 billion, a P/E ratio of 18.30 and a beta of 0.49. White Mountains Insurance Group, Ltd. has a 1 year low of $942.08 and a 1 year high of $1,267.52. The business’s fifty day moving average is $1,084.66 and its two-hundred day moving average is $1,121.96. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.81 and a current ratio of 0.81.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Monday, November 8th. The insurance provider reported ($130.06) earnings per share (EPS) for the quarter. The company had revenue of $356.20 million during the quarter. White Mountains Insurance Group had a net margin of 49.54% and a negative return on equity of 7.73%.

White Mountains Insurance Group 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).

Further Reading: Momentum Investing

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

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