Mraz Amerine & Associates Inc. Buys 1,030 Shares of White Mountains Insurance Group, Ltd. $WTM

Mraz Amerine & Associates Inc. lifted its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 4.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,606 shares of the insurance provider’s stock after acquiring an additional 1,030 shares during the period. White Mountains Insurance Group accounts for about 5.9% of Mraz Amerine & Associates Inc.’s investment portfolio, making the stock its 4th largest position. Mraz Amerine & Associates Inc. owned approximately 0.88% of White Mountains Insurance Group worth $37,787,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its holdings in shares of White Mountains Insurance Group by 325.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after buying an additional 13 shares during the period. Covestor Ltd raised its holdings in White Mountains Insurance Group by 366.7% in the 3rd quarter. Covestor Ltd now owns 28 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 22 shares during the period. CWM LLC lifted its position in White Mountains Insurance Group by 34.8% during the 2nd quarter. CWM LLC now owns 31 shares of the insurance provider’s stock worth $56,000 after acquiring an additional 8 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in White Mountains Insurance Group by 230.8% during the second quarter. EverSource Wealth Advisors LLC now owns 43 shares of the insurance provider’s stock valued at $77,000 after acquiring an additional 30 shares during the period. Finally, Quent Capital LLC bought a new position in shares of White Mountains Insurance Group in the third quarter worth about $100,000. Institutional investors own 88.65% of the company’s stock.

Insider Activity at White Mountains Insurance Group

In other news, Director Philip A. Gelston sold 165 shares of White Mountains Insurance Group stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $2,048.51, for a total transaction of $338,004.15. Following the sale, the director owned 1,568 shares of the company’s stock, valued at approximately $3,212,063.68. This trade represents a 9.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.20% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $2,186.06 on Friday. The firm’s 50-day moving average is $2,068.17 and its 200-day moving average is $1,926.06. The company has a market cap of $5.55 billion, a price-to-earnings ratio of 5.06 and a beta of 0.36. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.75 and a current ratio of 0.75. White Mountains Insurance Group, Ltd. has a 52-week low of $1,648.00 and a 52-week high of $2,232.50.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 6th. The insurance provider reported $39.77 earnings per share for the quarter, missing the consensus estimate of $379.45 by ($339.68). White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.41%. The company had revenue of $674.40 million during the quarter.

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 Monday, December 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.