Sei Investments Co. Purchases 3,182 Shares of White Mountains Insurance Group, Ltd. $WTM

Sei Investments Co. lifted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 40.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,098 shares of the insurance provider’s stock after purchasing an additional 3,182 shares during the quarter. Sei Investments Co.’s holdings in White Mountains Insurance Group were worth $24,382,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its position in White Mountains Insurance Group by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 163 shares of the insurance provider’s stock worth $314,000 after buying an additional 27 shares during the last quarter. NewEdge Advisors LLC grew its position in White Mountains Insurance Group by 17.2% during the first quarter. NewEdge Advisors LLC now owns 170 shares of the insurance provider’s stock valued at $327,000 after acquiring an additional 25 shares during the last quarter. Goldman Sachs Group Inc. grew its position in White Mountains Insurance Group by 54.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,259 shares of the insurance provider’s stock valued at $8,202,000 after acquiring an additional 1,504 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of White Mountains Insurance Group by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 11,287 shares of the insurance provider’s stock worth $21,737,000 after acquiring an additional 1,183 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of White Mountains Insurance Group by 101.4% during the first quarter. Jane Street Group LLC now owns 578 shares of the insurance provider’s stock worth $1,113,000 after acquiring an additional 291 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Up 0.3%

Shares of NYSE WTM opened at $2,199.57 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 52 week low of $1,648.00 and a 52 week high of $2,333.00. The firm’s fifty day moving average is $2,104.17 and its 200 day moving average is $2,147.12. The company has a market cap of $5.45 billion, a price-to-earnings ratio of 5.41 and a beta of 0.29.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) earnings per share for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a net margin of 28.44% and a return on equity of 9.19%. The firm had revenue of $517.80 million for the quarter, compared to analysts’ expectations of $515.40 million. On average, equities research analysts expect that White Mountains Insurance Group, Ltd. will post 134 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WTM. Wall Street Zen raised shares of White Mountains Insurance Group from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings downgraded shares of White Mountains Insurance Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

White Mountains Insurance Group 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.