Headlands Technologies LLC Invests $144,000 in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Headlands Technologies LLC purchased a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80 shares of the insurance provider’s stock, valued at approximately $144,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP bought a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $26,000. Montag A & Associates Inc. bought a new position in White Mountains Insurance Group in the fourth quarter valued at about $29,000. Fidelis Capital Partners LLC acquired a new stake in shares of White Mountains Insurance Group during the first quarter valued at about $34,000. UMB Bank n.a. increased its stake in shares of White Mountains Insurance Group by 53.8% in the first quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock valued at $36,000 after buying an additional 7 shares during the period. Finally, GAMMA Investing LLC acquired a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $33,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 13th.

White Mountains Insurance Group Trading Up 1.1 %

WTM stock traded up $19.15 during midday trading on Wednesday, hitting $1,747.24. The stock had a trading volume of 11,418 shares, compared to its average volume of 20,719. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.11. The business has a fifty day moving average price of $1,765.30 and a two-hundred day moving average price of $1,723.04. White Mountains Insurance Group, Ltd. has a 1-year low of $1,401.01 and a 1-year high of $1,899.21. The firm has a market cap of $4.49 billion, a P/E ratio of 7.90 and a beta of 0.44.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Thursday, May 9th. The insurance provider reported $86.04 EPS for the quarter. The business had revenue of $394.90 million during the quarter. White Mountains Insurance Group had a return on equity of 8.34% and a net margin of 24.81%.

Insider Buying and Selling at White Mountains Insurance Group

In other White Mountains Insurance Group news, major shareholder Mountains Insurance Grou White sold 5,000,200 shares of the stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $19.00, for a total value of $95,003,800.00. Following the transaction, the insider now owns 17,856,614 shares in the company, valued at $339,275,666. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.00% of the company’s stock.

About White Mountains Insurance Group

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.