White Mountains Insurance Group, Ltd. $WTM Shares Bought by Reinhart Partners LLC.

Reinhart Partners LLC. lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 19.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 44,480 shares of the insurance provider’s stock after purchasing an additional 7,106 shares during the period. White Mountains Insurance Group makes up approximately 2.1% of Reinhart Partners LLC.’s holdings, making the stock its 25th biggest holding. Reinhart Partners LLC.’s holdings in White Mountains Insurance Group were worth $92,265,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in WTM. Torren Management LLC acquired a new position in White Mountains Insurance Group in the fourth quarter valued at $27,000. Smartleaf Asset Management LLC increased its stake in White Mountains Insurance Group by 100.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider’s stock worth $29,000 after acquiring an additional 7 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of White Mountains Insurance Group in the 1st quarter worth about $33,000. Geneos Wealth Management Inc. raised its holdings in shares of White Mountains Insurance Group by 325.0% in the 1st 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. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of White Mountains Insurance Group in the 4th quarter valued at about $39,000. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM opened at $2,152.55 on Friday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,648.00 and a 1-year high of $2,333.00. The business has a 50-day moving average of $2,104.95 and a 200-day moving average of $2,150.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 4.90 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last announced its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The company had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million. White Mountains Insurance Group had a net margin of 29.29% and a return on equity of 5.16%. On average, equities analysts anticipate that White Mountains Insurance Group, Ltd. will post 134 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Zacks Research upgraded White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings lowered shares of White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, July 29th. Finally, Wall Street Zen cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Sunday, August 2nd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company 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.