Farther Finance Advisors LLC grew its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 19.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 468 shares of the insurance provider’s stock after purchasing an additional 76 shares during the period. Farther Finance Advisors LLC’s holdings in White Mountains Insurance Group were worth $840,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WTM. Deutsche Bank AG lifted its position in White Mountains Insurance Group by 120.3% during the 4th quarter. Deutsche Bank AG now owns 337 shares of the insurance provider’s stock worth $655,000 after buying an additional 184 shares in the last quarter. Millennium Management LLC lifted its position in White Mountains Insurance Group by 509.4% during the 4th quarter. Millennium Management LLC now owns 2,401 shares of the insurance provider’s stock worth $4,670,000 after buying an additional 2,007 shares in the last quarter. Two Sigma Investments LP lifted its position in White Mountains Insurance Group by 32.0% during the 4th quarter. Two Sigma Investments LP now owns 470 shares of the insurance provider’s stock worth $914,000 after buying an additional 114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in White Mountains Insurance Group by 32.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,104 shares of the insurance provider’s stock worth $19,653,000 after buying an additional 2,464 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in White Mountains Insurance Group during the 4th quarter worth about $420,000. 88.65% of the stock is owned by institutional investors.
White Mountains Insurance Group Trading Down 3.7%
Shares of NYSE:WTM opened at $1,691.62 on Friday. The company’s 50-day moving average price is $1,788.79 and its two-hundred day moving average price is $1,793.25. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. White Mountains Insurance Group, Ltd. has a one year low of $1,678.87 and a one year high of $2,023.00. The stock has a market capitalization of $4.36 billion, a PE ratio of 21.19 and a beta of 0.38.
White Mountains Insurance Group Profile
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through HG Global/BAM, Ark/WM Outrigger, Kudu, and Other Operations segments. 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.
Read More
- Five stocks we like better than White Mountains Insurance Group
- What Are Growth Stocks and Investing in Them
- Lower Rates Put RV Stocks Back in the Fast Lane
- What is a Dividend King?
- Alphabet: Time to Take Profits, Buy, or Wait for a Pullback?
- Differences Between Momentum Investing and Long Term Investing
- Hershey vs. Mondelez: Which Stock Wins Chocolate Season?
Want to see what other hedge funds are holding WTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report).
Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.