Dimensional Fund Advisors LP lifted its position in shares of White Mountains Insurance Group Ltd (NYSE:WTM) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,813 shares of the insurance provider’s stock after purchasing an additional 1,552 shares during the quarter. Dimensional Fund Advisors LP’s holdings in White Mountains Insurance Group were worth $104,478,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of White Mountains Insurance Group by 92.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,263 shares of the insurance provider’s stock worth $8,669,000 after buying an additional 4,454 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of White Mountains Insurance Group in the 3rd quarter worth about $832,000. Vanguard Group Inc. raised its stake in White Mountains Insurance Group by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 279,266 shares of the insurance provider’s stock valued at $261,356,000 after purchasing an additional 8,080 shares during the last quarter. Federated Investors Inc. PA acquired a new position in White Mountains Insurance Group in the 3rd quarter valued at about $26,391,000. Finally, First Hawaiian Bank raised its stake in White Mountains Insurance Group by 13.3% in the 4th quarter. First Hawaiian Bank now owns 521 shares of the insurance provider’s stock valued at $447,000 after purchasing an additional 61 shares during the last quarter. 86.78% of the stock is currently owned by institutional investors.
In related news, Director Morgan W. Davis sold 954 shares of the business’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $925.21, for a total value of $882,650.34. Following the completion of the transaction, the director now owns 6,639 shares of the company’s stock, valued at approximately $6,142,469.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Yves Brouillette sold 3,360 shares of the business’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $908.51, for a total transaction of $3,052,593.60. Following the completion of the transaction, the director now directly owns 6,949 shares of the company’s stock, valued at approximately $6,313,235.99. The disclosure for this sale can be found here. Insiders sold a total of 13,231 shares of company stock valued at $12,264,754 in the last three months. 2.50% of the stock is currently owned by corporate insiders.
Shares of WTM stock opened at $949.57 on Thursday. White Mountains Insurance Group Ltd has a twelve month low of $832.88 and a twelve month high of $993.70. The stock has a market capitalization of $3.02 billion, a P/E ratio of -90.52 and a beta of 0.46. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.52 and a quick ratio of 1.52.
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About White Mountains Insurance Group
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services.
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