California State Teachers Retirement System Purchases 430 Shares of White Mountains Insurance Group, Ltd. $WTM

California State Teachers Retirement System boosted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 17.5% during the first quarter, HoldingsChannel.com reports. The fund owned 2,887 shares of the insurance provider’s stock after buying an additional 430 shares during the quarter. California State Teachers Retirement System’s holdings in White Mountains Insurance Group were worth $6,343,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. River Road Asset Management LLC boosted its holdings in shares of White Mountains Insurance Group by 10.3% in the 4th quarter. River Road Asset Management LLC now owns 120,880 shares of the insurance provider’s stock valued at $251,192,000 after purchasing an additional 11,292 shares in the last quarter. State Street Corp grew its stake in shares of White Mountains Insurance Group by 4.2% in the second quarter. State Street Corp now owns 57,241 shares of the insurance provider’s stock worth $102,789,000 after purchasing an additional 2,297 shares during the last quarter. Reinhart Partners LLC. boosted its holdings in White Mountains Insurance Group by 5.7% in the fourth quarter. Reinhart Partners LLC. now owns 43,973 shares of the insurance provider’s stock valued at $91,413,000 after acquiring an additional 2,364 shares during the last quarter. Gendell Jeffrey L bought a new stake in White Mountains Insurance Group during the fourth quarter valued at $67,578,000. Finally, Norges Bank acquired a new position in White Mountains Insurance Group in the fourth quarter valued at approximately $66,879,000. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $2,114.03 on Thursday. The company’s fifty day simple moving average is $2,102.07 and its two-hundred day simple moving average is $2,149.48. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 and a 12-month high of $2,333.00. The firm has a market cap of $5.24 billion, a PE ratio of 5.20 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The business had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. As a group, equities analysts expect that White Mountains Insurance Group, Ltd. will post 134 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WTM. Zacks Research raised White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. Wall Street Zen lowered White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Sunday. Finally, Weiss Ratings downgraded White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, White Mountains Insurance Group has a consensus rating of “Hold”.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.