Quadrature Capital Ltd Grows Position in White Mountains Insurance Group, Ltd. $WTM

Quadrature Capital Ltd lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 86.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 548 shares of the insurance provider’s stock after purchasing an additional 254 shares during the quarter. Quadrature Capital Ltd’s holdings in White Mountains Insurance Group were worth $983,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in White Mountains Insurance Group by 3.7% during the first quarter. Cetera Investment Advisers now owns 252 shares of the insurance provider’s stock worth $485,000 after buying an additional 9 shares in the last quarter. TD Asset Management Inc raised its position in shares of White Mountains Insurance Group by 15.4% in the first quarter. TD Asset Management Inc now owns 1,592 shares of the insurance provider’s stock worth $3,066,000 after acquiring an additional 212 shares during the period. LPL Financial LLC raised its position in shares of White Mountains Insurance Group by 6.1% in the first quarter. LPL Financial LLC now owns 1,870 shares of the insurance provider’s stock worth $3,602,000 after acquiring an additional 107 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in shares of White Mountains Insurance Group during the 1st quarter worth about $406,000. Finally, Chicago Partners Investment Group LLC grew its position in shares of White Mountains Insurance Group by 8.1% during the 1st quarter. Chicago Partners Investment Group LLC now owns 491 shares of the insurance provider’s stock valued at $877,000 after acquiring an additional 37 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c)” rating on shares of White Mountains Insurance Group in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, White Mountains Insurance Group has a consensus rating of “Hold”.

White Mountains Insurance Group Stock Performance

WTM opened at $2,024.25 on Monday. The firm’s fifty day simple moving average is $1,882.11 and its two-hundred day simple moving average is $1,822.44. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,042.89. The company has a market cap of $5.15 billion, a price-to-earnings ratio of 25.35 and a beta of 0.37. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Thursday, November 6th. The insurance provider reported $72.21 EPS for the quarter, topping analysts’ consensus estimates of $57.00 by $15.21. The business had revenue of $864.20 million during the quarter. White Mountains Insurance Group had a net margin of 8.34% and a return on equity of 9.17%.

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.