California Public Employees Retirement System Has $1.55 Million Holdings in White Mountains Insurance Group Ltd (WTM)

California Public Employees Retirement System boosted its holdings in White Mountains Insurance Group Ltd (NYSE:WTM) by 21.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,712 shares of the insurance provider’s stock after acquiring an additional 304 shares during the period. California Public Employees Retirement System’s holdings in White Mountains Insurance Group were worth $1,552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of WTM. Commonwealth Equity Services LLC acquired a new stake in White Mountains Insurance Group in the 2nd quarter worth about $207,000. Signaturefd LLC raised its stake in White Mountains Insurance Group by 77.8% in the 2nd quarter. Signaturefd LLC now owns 240 shares of the insurance provider’s stock worth $218,000 after purchasing an additional 105 shares in the last quarter. Country Club Trust Company n.a. acquired a new stake in White Mountains Insurance Group in the 2nd quarter worth about $220,000. Parallel Advisors LLC raised its stake in White Mountains Insurance Group by 113.8% in the 2nd quarter. Parallel Advisors LLC now owns 248 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 132 shares in the last quarter. Finally, Pitcairn Co. acquired a new stake in White Mountains Insurance Group in the 2nd quarter worth about $248,000. Institutional investors and hedge funds own 87.46% of the company’s stock.

Several analysts have weighed in on WTM shares. ValuEngine upgraded shares of White Mountains Insurance Group from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Zacks Investment Research upgraded shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research report on Monday, July 16th.

Shares of NYSE:WTM opened at $876.12 on Friday. The company has a market capitalization of $2.79 billion, a PE ratio of 196.00 and a beta of 0.42. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.06. White Mountains Insurance Group Ltd has a 12 month low of $786.23 and a 12 month high of $980.89.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Tuesday, August 7th. The insurance provider reported $1.02 EPS for the quarter, beating the consensus estimate of $0.13 by $0.89. The company had revenue of $16.40 million during the quarter. White Mountains Insurance Group had a net margin of 147.61% and a return on equity of 0.59%. As a group, research analysts expect that White Mountains Insurance Group Ltd will post 3.12 EPS for the current year.

White Mountains Insurance Group Profile

White Mountains Insurance Group Ltd. is an insurance holding company, which engages in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, MediaAlpha, 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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