Select Equity Group L.P. lifted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 18.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,361 shares of the insurance provider’s stock after purchasing an additional 9,430 shares during the period. Select Equity Group L.P. owned 2.31% of White Mountains Insurance Group worth $107,886,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Global Assets Advisory LLC acquired a new position in White Mountains Insurance Group in the first quarter valued at about $241,384,000. Norges Bank acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at approximately $42,501,000. Elkhorn Partners Limited Partnership boosted its stake in White Mountains Insurance Group by 32.4% during the 1st quarter. Elkhorn Partners Limited Partnership now owns 23,600 shares of the insurance provider’s stock worth $42,345,000 after acquiring an additional 5,781 shares during the last quarter. Lord Abbett & CO. LLC boosted its stake in White Mountains Insurance Group by 16.0% during the 1st quarter. Lord Abbett & CO. LLC now owns 28,472 shares of the insurance provider’s stock worth $51,088,000 after acquiring an additional 3,934 shares during the last quarter. Finally, Lee Danner & Bass Inc. acquired a new position in White Mountains Insurance Group during the second quarter valued at approximately $5,967,000. 88.65% of the stock is owned by institutional investors and hedge funds.
White Mountains Insurance Group Stock Up 0.0 %
Shares of NYSE:WTM opened at $1,705.07 on Friday. The company has a 50 day moving average price of $1,749.83 and a two-hundred day moving average price of $1,760.19. The company has a market capitalization of $4.38 billion, a PE ratio of 7.71 and a beta of 0.44. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $1,899.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.83.
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.
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