State Street Corp Boosts Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

State Street Corp grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,877 shares of the insurance provider’s stock after purchasing an additional 2,714 shares during the period. State Street Corp owned about 2.14% of White Mountains Insurance Group worth $93,082,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its stake in White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 8 shares during the last quarter. Family Firm Inc. bought a new stake in White Mountains Insurance Group during the second quarter worth about $82,000. GAMMA Investing LLC lifted its stake in White Mountains Insurance Group by 104.2% during the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after purchasing an additional 25 shares during the last quarter. Quarry LP bought a new stake in White Mountains Insurance Group during the second quarter worth about $93,000. Finally, Blue Trust Inc. lifted its stake in White Mountains Insurance Group by 71.0% during the second quarter. Blue Trust Inc. now owns 53 shares of the insurance provider’s stock worth $95,000 after purchasing an additional 22 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 1.3 %

Shares of WTM stock opened at $1,929.28 on Tuesday. White Mountains Insurance Group, Ltd. has a 12-month low of $1,401.01 and a 12-month high of $2,023.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The business has a 50-day moving average price of $1,898.03 and a two-hundred day moving average price of $1,804.24. The firm has a market cap of $4.95 billion, a P/E ratio of 7.64 and a beta of 0.45.

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.