864 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Purchased by Phocas Financial Corp.

Phocas Financial Corp. purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 864 shares of the insurance provider’s stock, valued at approximately $1,681,000. White Mountains Insurance Group comprises approximately 1.3% of Phocas Financial Corp.’s holdings, making the stock its 18th biggest position.

Several other hedge funds have also recently made changes to their positions in WTM. River Road Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 1.6% during the 3rd quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock worth $200,501,000 after purchasing an additional 1,886 shares during the last quarter. Wallace Capital Management Inc. grew its position in shares of White Mountains Insurance Group by 1.3% during the 3rd quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock valued at $139,708,000 after acquiring an additional 1,062 shares during the period. State Street Corp grew its stake in White Mountains Insurance Group by 5.2% in the 3rd quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock valued at $93,082,000 after acquiring an additional 2,714 shares during the period. Geode Capital Management LLC boosted its stake in shares of White Mountains Insurance Group by 0.7% in the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock worth $67,603,000 after acquiring an additional 273 shares during the last quarter. Finally, Lord Abbett & CO. LLC increased its holdings in shares of White Mountains Insurance Group by 7.9% in the third quarter. Lord Abbett & CO. LLC now owns 33,012 shares of the insurance provider’s stock valued at $55,994,000 after purchasing an additional 2,430 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Up 0.3 %

WTM opened at $1,823.82 on Wednesday. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The company has a market cap of $4.68 billion, a price-to-earnings ratio of 20.27 and a beta of 0.45. The business’s fifty day moving average is $1,893.30 and its two-hundred day moving average is $1,854.37. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

About White Mountains Insurance Group

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.