Stonebridge Financial Group LLC Takes $117,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Stonebridge Financial Group LLC acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 60 shares of the insurance provider’s stock, valued at approximately $117,000.

Other institutional investors have also added to or reduced their stakes in the company. Versant Capital Management Inc increased its holdings in White Mountains Insurance Group by 90.0% during the 4th quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 9 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $37,000. Eagle Bay Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $103,000. KBC Group NV grew its holdings in shares of White Mountains Insurance Group by 21.9% during the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after buying an additional 14 shares in the last quarter. Finally, Eastern Bank acquired a new stake in White Mountains Insurance Group in the 3rd quarter valued at approximately $170,000. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $1,836.49 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12 month low of $1,650.00 and a 12 month high of $2,023.00. The firm has a fifty day simple moving average of $1,913.83 and a 200 day simple moving average of $1,847.88. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 7.27 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

Analyst Ratings Changes

Separately, StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday.

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.