Equitable Trust Co. Raises Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Equitable Trust Co. grew its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 20.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 481 shares of the insurance provider’s stock after acquiring an additional 80 shares during the quarter. Equitable Trust Co.’s holdings in White Mountains Insurance Group were worth $936,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in WTM. The Manufacturers Life Insurance Company lifted its position in shares of White Mountains Insurance Group by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 530 shares of the insurance provider’s stock valued at $963,000 after acquiring an additional 17 shares in the last quarter. GAMMA Investing LLC lifted its position 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 worth $83,000 after buying an additional 25 shares during the period. UMB Bank n.a. lifted its position 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 worth $47,000 after buying an additional 8 shares during the period. Hengehold Capital Management LLC lifted its position in White Mountains Insurance Group by 26.2% during the third quarter. Hengehold Capital Management LLC now owns 231 shares of the insurance provider’s stock worth $392,000 after buying an additional 48 shares during the period. Finally, Blue Trust Inc. lifted its position in White Mountains Insurance Group by 77.4% during the third quarter. Blue Trust Inc. now owns 94 shares of the insurance provider’s stock worth $171,000 after buying an additional 41 shares during the period. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Monday.

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $1,909.02 on Tuesday. The business’s 50-day moving average price is $1,919.04 and its 200 day moving average price is $1,847.05. White Mountains Insurance Group, Ltd. has a twelve month low of $1,630.00 and a twelve month high of $2,023.00. The company has a market capitalization of $4.90 billion, a PE ratio of 7.56 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM) last announced its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 EPS for the quarter. White Mountains Insurance Group had a return on equity of 11.57% and a net margin of 24.72%.

White Mountains Insurance Group 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.