Royce & Associates LP Sells 558 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Royce & Associates LP lessened its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 3.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,467 shares of the insurance provider’s stock after selling 558 shares during the period. Royce & Associates LP’s holdings in White Mountains Insurance Group were worth $24,539,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hexagon Capital Partners LLC increased its holdings in White Mountains Insurance Group by 250.0% during the second quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after buying an additional 10 shares during the period. UMB Bank n.a. increased its holdings in White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after buying an additional 8 shares during the period. Family Firm Inc. purchased a new position in White Mountains Insurance Group during the second quarter valued at approximately $82,000. GAMMA Investing LLC increased its holdings in White Mountains Insurance Group by 104.2% during the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after buying an additional 25 shares during the period. Finally, Quarry LP purchased a new position in White Mountains Insurance Group during the second quarter valued at approximately $93,000. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of WTM stock opened at $1,918.90 on Friday. The firm has a market cap of $4.93 billion, a price-to-earnings ratio of 7.60 and a beta of 0.43. The company’s 50 day moving average is $1,794.83 and its 200 day moving average is $1,776.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $1,932.81.

White Mountains Insurance Group Company Profile

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.