KBC Group NV Purchases 14 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

KBC Group NV boosted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 21.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78 shares of the insurance provider’s stock after acquiring an additional 14 shares during the period. KBC Group NV’s holdings in White Mountains Insurance Group were worth $132,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of WTM. River Road Asset Management LLC grew its stake in shares of White Mountains Insurance Group by 1.6% in the third 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. Select Equity Group L.P. lifted its holdings in White Mountains Insurance Group by 18.9% in the 2nd quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider’s stock worth $107,886,000 after buying an additional 9,430 shares during the period. Reinhart Partners LLC. grew its position in shares of White Mountains Insurance Group by 3.9% in the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock worth $66,778,000 after buying an additional 1,490 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of White Mountains Insurance Group by 44.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 22,555 shares of the insurance provider’s stock valued at $38,258,000 after buying an additional 6,896 shares during the period. Finally, Mraz Amerine & Associates Inc. raised its holdings in shares of White Mountains Insurance Group by 0.8% during the third quarter. Mraz Amerine & Associates Inc. now owns 21,198 shares of the insurance provider’s stock valued at $35,956,000 after acquiring an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,971.32 on Friday. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 7.80 and a beta of 0.43. The stock has a fifty day moving average of $1,810.39 and a 200 day moving average of $1,780.17. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $1,971.85. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10.

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.