Boston Partners Boosts Holdings in White Mountains Insurance Group, Ltd. $WTM

Boston Partners grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 89,170 shares of the insurance provider’s stock after acquiring an additional 3,934 shares during the quarter. Boston Partners’ holdings in White Mountains Insurance Group were worth $160,069,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp grew its holdings in White Mountains Insurance Group by 183.3% in the second quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 11 shares during the period. Geneos Wealth Management Inc. raised its stake in White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 13 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of White Mountains Insurance Group by 90.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 10 shares during the last quarter. Steph & Co. acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at $47,000. Finally, CWM LLC grew its stake in shares of White Mountains Insurance Group by 34.8% during the 2nd quarter. CWM LLC now owns 31 shares of the insurance provider’s stock valued at $56,000 after buying an additional 8 shares during the period. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c)” rating in a research report on Friday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $1,925.58 on Wednesday. The firm has a market capitalization of $4.96 billion, a PE ratio of 24.12 and a beta of 0.37. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,023.00. The stock’s 50 day moving average price is $1,831.34 and its 200 day moving average price is $1,806.54. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Thursday, November 6th. The insurance provider reported $72.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $57.00 by $15.21. The company had revenue of $864.20 million during the quarter. White Mountains Insurance Group had a net margin of 8.34% and a return on equity of 9.17%.

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.