282 Shares in White Mountains Insurance Group, Ltd. $WTM Bought by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC purchased a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 282 shares of the insurance provider’s stock, valued at approximately $566,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Eagle Bay Advisors LLC raised its position in shares of White Mountains Insurance Group by 5.5% during the 3rd quarter. Eagle Bay Advisors LLC now owns 115 shares of the insurance provider’s stock valued at $231,000 after purchasing an additional 6 shares during the period. NorthCrest Asset Manangement LLC purchased a new position in shares of White Mountains Insurance Group during the 3rd quarter valued at $204,000. Diversified Management Inc. purchased a new position in shares of White Mountains Insurance Group during the 3rd quarter valued at $2,049,000. GAMMA Investing LLC boosted its holdings in White Mountains Insurance Group by 16.1% in the 3rd quarter. GAMMA Investing LLC now owns 289 shares of the insurance provider’s stock worth $580,000 after buying an additional 40 shares during the period. Finally, Versant Capital Management Inc boosted its holdings in White Mountains Insurance Group by 45.8% in the 3rd quarter. Versant Capital Management Inc now owns 35 shares of the insurance provider’s stock worth $70,000 after buying an additional 11 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Trading Up 0.4%

Shares of WTM opened at $2,168.10 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.74 and a quick ratio of 0.74. White Mountains Insurance Group, Ltd. has a 1 year low of $1,863.59 and a 1 year high of $2,333.00. The company has a 50 day simple moving average of $2,083.55 and a two-hundred day simple moving average of $2,123.24. The firm has a market cap of $5.18 billion, a P/E ratio of 4.93 and a beta of 0.28.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Wall Street Zen lowered White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Weiss Ratings upgraded White Mountains Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based holding company that owns and manages businesses in the property and casualty insurance, reinsurance, insurance services and asset management sectors. Rather than operating as a single traditional insurer, the company invests in and supports a portfolio of specialty businesses.

Its insurance-related operations have included specialty insurance and reinsurance platforms serving commercial and personal lines, program administrators, and municipal bond insurance.