Oak Thistle LLC Takes $1.10 Million Position in White Mountains Insurance Group, Ltd. $WTM

Oak Thistle LLC purchased a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 657 shares of the insurance provider’s stock, valued at approximately $1,098,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in White Mountains Insurance Group during the second quarter valued at approximately $54,759,000. Fiduciary Management Inc. WI raised its position in shares of White Mountains Insurance Group by 46.2% during the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock valued at $138,264,000 after acquiring an additional 22,681 shares in the last quarter. Cooke & Bieler LP lifted its stake in White Mountains Insurance Group by 40.5% during the second quarter. Cooke & Bieler LP now owns 76,781 shares of the insurance provider’s stock worth $137,877,000 after purchasing an additional 22,129 shares during the last quarter. Nuveen LLC acquired a new position in White Mountains Insurance Group in the first quarter worth $14,964,000. Finally, Jane Street Group LLC increased its stake in White Mountains Insurance Group by 950.3% during the second quarter. Jane Street Group LLC now owns 6,071 shares of the insurance provider’s stock valued at $10,902,000 after purchasing an additional 5,493 shares during the last quarter. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $2,037.06 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $5.17 billion, a PE ratio of 37.49 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,127.97. The business’s fifty day moving average price is $1,956.43 and its two-hundred day moving average price is $1,845.23.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results 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. White Mountains Insurance Group had a net margin of 5.63% and a return on equity of 7.19%. The company had revenue of $864.20 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Insider Transactions at White Mountains Insurance Group

In other White Mountains Insurance Group news, Director Philip A. Gelston sold 165 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $2,048.51, for a total value of $338,004.15. Following the completion of the transaction, the director owned 1,568 shares in the company, valued at approximately $3,212,063.68. This represents a 9.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.20% of the stock is owned by insiders.

White Mountains Insurance Group Company 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.