White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) Director Peter M. Carlson sold 200 shares of the company in a transaction Tuesday, September 20. Shares were sold at an average price of $1,400.00, with a total value of $2800,000.00. Following the sale, the director now owns 788 shares in the company valued at $1,103,200. The transaction was described in a filing with the SEC available at this link.
White Mountains Insurance Group Stock Drop 8.3%
WTM dropped $113.94 to $1,252.85 on Thursday. 41,300 shares of the company with an average volume of 16,212 were exchanged. The firm’s 50-day moving average is $1,307.56 and its 200-day moving average is $1,205.10. 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 52-week low of $978.51 and a 52-week high of $1,393.48.
Institutional Entries and Exits
A number of institutional investors have recently increased or decreased their stake in WTM. Raymond James Financial Services Advisors Inc. increased its stake in White Mountains Insurance Group by 10.8% in Q4. Raymond James Financial Services Advisors Inc. now owns 235 shares of the insurance provider, valued at $238,000, after purchasing 23 more shares last quarter. Texas Teacher Retirement System increased its stake in White Mountains Insurance Group 19.8% in the fourth quarter. Texas Teacher Retirement System now owns 600 shares of the insurance provider, worth $608,000, after purchasing an additional 99 shares last quarter. Rhumbline Advisers increased its stake in White Mountains Insurance Group 0.8% in the fourth quarter. Rhumbline Advisers now owns 4,961 shares of the insurance provider, worth $5,030,000, after purchasing an additional 40 shares last quarter. Ensign Peak Advisors Inc purchased a new position in the fourth quarter worth $81,000 in White Mountains Insurance Group stock. Finally, Renaissance Technologies LLC increased its stake in White Mountains Insurance Group by 6.5% in the fourth quarter. Renaissance Technologies LLC owns 13,100 shares of the insurance provider, valued at $13,282,000, after purchasing another 800 shares in the last quarter. 91.36% of the shares are currently owned by institutional investors.
Changes in Analyst Ratings
Several stock research analysts have recently published reports on the company. StockNews.com upgraded White Mountains Insurance Group from “sell” to “hold” in an investigative report Monday, August 29. TheStreet downgraded White Mountains Insurance Group from a “b-” to a “c” in an investigative report released Monday, Aug.
White Mountains Insurance Group Company Profile
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.
This instant news alert was created by narrative science technology and MarketBeat’s financial data to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments regarding this story to [email protected]
Before you consider White Mountains Insurance Group, you’ll want to hear it.
MarketBeat daily tracks Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients. MarketBeat has identified five stocks top analysts have quietly whispered to their customers to buy now before they capture the wider market… and White Mountains Insurance Group was not on the list.
White Mountains Insurance Group currently has an “N/A” rating among analysts, while the top-rated analysts believe these five stocks are better buys.
View Five Stocks Here