AQR Capital Management LLC Purchases 1,296 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

AQR Capital Management LLC increased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 14.2% in the second quarter, Holdings Channel.com reports. The fund owned 10,448 shares of the insurance provider’s stock after purchasing an additional 1,296 shares during the period. AQR Capital Management LLC’s holdings in White Mountains Insurance Group were worth $18,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Frank Rimerman Advisors LLC purchased a new position in shares of White Mountains Insurance Group in the second quarter worth $322,000. Ensign Peak Advisors Inc increased its holdings in White Mountains Insurance Group by 9.5% in the 2nd quarter. Ensign Peak Advisors Inc now owns 1,095 shares of the insurance provider’s stock worth $1,990,000 after buying an additional 95 shares in the last quarter. Summit Trail Advisors LLC raised its position in White Mountains Insurance Group by 42.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 241 shares of the insurance provider’s stock worth $438,000 after buying an additional 72 shares during the last quarter. Amalgamated Bank lifted its stake in White Mountains Insurance Group by 218.1% during the 2nd quarter. Amalgamated Bank now owns 439 shares of the insurance provider’s stock valued at $798,000 after acquiring an additional 301 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in White Mountains Insurance Group by 7.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,269 shares of the insurance provider’s stock valued at $27,751,000 after acquiring an additional 1,013 shares during the period. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,696.20 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average price of $1,748.54 and a 200-day moving average price of $1,760.05. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $1,899.21. The firm has a market capitalization of $4.35 billion, a PE ratio of 7.67 and a beta of 0.44.

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

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.