Reinhart Partners LLC. lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,973 shares of the insurance provider’s stock after purchasing an additional 2,364 shares during the quarter. White Mountains Insurance Group accounts for 2.7% of Reinhart Partners LLC.’s portfolio, making the stock its 17th largest position. Reinhart Partners LLC. owned approximately 1.73% of White Mountains Insurance Group worth $91,413,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Miller Global Investments LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter worth $25,000. Torren Management LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter worth $27,000. Ameriflex Group Inc. bought a new position in shares of White Mountains Insurance Group during the third quarter worth $33,000. Geneos Wealth Management Inc. boosted its position in shares of White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 13 shares in the last quarter. Finally, Danske Bank A S bought a new position in shares of White Mountains Insurance Group during the fourth quarter worth $42,000. 88.65% of the stock is owned by institutional investors.
Analyst Ratings Changes
WTM has been the topic of a number of recent analyst reports. Weiss Ratings cut shares of White Mountains Insurance Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, May 7th. Wall Street Zen cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Zacks Research raised shares of White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
White Mountains Insurance Group Trading Down 0.3%
WTM opened at $2,056.78 on Wednesday. The stock has a market capitalization of $5.10 billion, a P/E ratio of 5.06 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,333.00. The firm’s fifty day simple moving average is $2,190.51 and its 200 day simple moving average is $2,124.08. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.14.
White Mountains Insurance Group (NYSE:WTM – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). The company had revenue of $517.80 million during the quarter, compared to the consensus estimate of $515.40 million. White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. As a group, research analysts anticipate that White Mountains Insurance Group, Ltd. will post 115 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than White Mountains Insurance Group
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Want to see what other hedge funds are holding WTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report).
Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.
