Swiss National Bank Acquires 300 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)


The Swiss National Bank increased its position in the shares of White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) by 4.4% in the first quarter, according to the company’s latest statement with the Securities and Exchange Commission. The firm acquired 7,146 shares of the insurance provider’s shares after purchasing an additional 300 shares during the period. Swiss National Bank owned approximately 0.24% of White Mountains Insurance Group, valued at $8,120,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WTM. Quent Capital LLC purchased a new stake in White Mountains Insurance Group for approximately $42,000 in the fourth quarter. Ensign Peak Advisors Inc purchased a new stake in White Mountains Insurance Group for approximately $81,000 in the fourth quarter. Johnson Financial Group Inc. purchased a new stake in White Mountains Insurance Group for approximately $84,000 in the fourth quarter. Sageworth Trust Co., of South Dakota, purchased a new stake in White Mountains Insurance Group for approximately $133,000 in the fourth quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in White Mountains Insurance Group by 63.5% in the fourth quarter. O Shaughnessy Asset Management LLC owns 206 shares of the insurance provider valued at $209,000 after purchasing an additional 80 shares during the period. Institutional investors own 88.95% of the company’s shares.

Analysts Set New Price Targets

Several stock research analysts have recently published reports on WTM stocks. StockNews.com downgraded White Mountains Insurance Group from “hold” to “sell” in a research note Wednesday, Aug. TheStreet upgraded White Mountains Insurance Group from “c” to “b-” in a research note Monday, June 6th.

White Mountains Insurance Group Shares Up 0.5%

NYSE WTM opened Friday at $1,305.13. The business’s fifty-day moving average price is $1,249.51 and the two hundred-day moving average price is $1,154.38. The company’s debt/equity ratio is 0.18, current ratio is 0.69 and quick ratio is 0.69. White Mountains Insurance Group, Ltd. It has a fifty-two-week low of $978.51 and a fifty-two-week high of $1,310.27. The stock has a market capitalization of $3.80 billion, a PE ratio of -8.42, and a beta of 0.43.

Insiders Place Their Bets

In other White Mountains Insurance Group news, CAO Michaela Hildreth sold 100 shares of the company in a transaction Tuesday, May 31. The stock sold for an average price of $1,270.94, making the total transaction $127,094.00. Upon completion of the sale, the chief accounting officer directly owns 1,563 shares in the company valued at $1,986,479.22. The transaction was disclosed in a filing with the Securities and Exchange Commission, available on the SEC website. Corporate insiders own 2.57% of the company’s stock.

White Mountains Insurance Group Company Profile

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White Mountains Insurance Group, Ltd. provides insurance and other financial services in the United States through its subsidiaries. The company operates through five divisions: HG Global/BAM, Ark, NSM, Kudu and Other Operations. The HG Global/BAM segment provides insurance for reinsurance protection services as well as municipal bonds issued to finance public purposes such as schools, utilities and transport facilities.

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Quarterly Corporate Ownership for White Mountains Insurance Group (NYSE:WTM)



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