Amalgamated Bank Has $798,000 Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Amalgamated Bank boosted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 218.1% in the second quarter, Holdings Channel reports. The institutional investor owned 439 shares of the insurance provider’s stock after acquiring an additional 301 shares during the quarter. Amalgamated Bank’s holdings in White Mountains Insurance Group were worth $798,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WTM. UMB Bank n.a. increased its holdings in shares of White Mountains Insurance Group by 53.8% during the 1st quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock valued at $36,000 after acquiring an additional 7 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of White Mountains Insurance Group by 0.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,038 shares of the insurance provider’s stock worth $1,862,000 after buying an additional 7 shares during the last quarter. Main Street Financial Solutions LLC raised its stake in White Mountains Insurance Group by 0.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock valued at $1,816,000 after purchasing an additional 7 shares during the last quarter. Hexagon Capital Partners LLC grew its position in White Mountains Insurance Group by 250.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 10 shares during the last quarter. Finally, Arizona State Retirement System raised its holdings in White Mountains Insurance Group by 1.6% in the 2nd quarter. Arizona State Retirement System now owns 715 shares of the insurance provider’s stock valued at $1,299,000 after acquiring an additional 11 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $1,701.00 on Friday. The firm has a market capitalization of $4.36 billion, a PE ratio of 7.70 and a beta of 0.44. White Mountains Insurance Group, Ltd. has a 1-year low of $1,401.01 and a 1-year high of $1,899.21. The business’s 50 day moving average is $1,749.35 and its 200-day moving average is $1,760.01. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11.

White Mountains Insurance Group (NYSE:WTM) last released its quarterly earnings data on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share for the quarter. The company had revenue of $455.60 million during the quarter. White Mountains Insurance Group had a net margin of 21.40% and a return on equity of 7.62%.

White Mountains Insurance Group 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.