White Mountains Insurance Group, Ltd. $WTM Position Decreased by Venturi Wealth Management LLC

Venturi Wealth Management LLC decreased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 14.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213 shares of the insurance provider’s stock after selling 36 shares during the period. Venturi Wealth Management LLC’s holdings in White Mountains Insurance Group were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in WTM. Fiduciary Management Inc. WI boosted its holdings in shares of White Mountains Insurance Group by 46.2% in the first quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock worth $138,264,000 after buying an additional 22,681 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of White Mountains Insurance Group by 8.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock worth $120,298,000 after buying an additional 4,711 shares during the period. Cooke & Bieler LP boosted its holdings in shares of White Mountains Insurance Group by 60.4% in the first quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider’s stock worth $105,249,000 after buying an additional 20,582 shares during the period. Select Equity Group L.P. boosted its holdings in shares of White Mountains Insurance Group by 1.4% in the first quarter. Select Equity Group L.P. now owns 27,999 shares of the insurance provider’s stock worth $53,921,000 after buying an additional 400 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of White Mountains Insurance Group by 7.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 24,857 shares of the insurance provider’s stock worth $47,278,000 after buying an additional 1,621 shares during the period. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

NYSE WTM opened at $1,895.95 on Friday. The company has a 50 day simple moving average of $1,789.83 and a 200-day simple moving average of $1,786.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 23.75 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,023.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

About White Mountains Insurance Group

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.