Sage Investment Counsel LLC Takes $389,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Sage Investment Counsel LLC purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 200 shares of the insurance provider’s stock, valued at approximately $389,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in shares of White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares during the period. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $37,000. Eagle Bay Advisors LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $103,000. Stonebridge Financial Group LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter valued at $117,000. Finally, KBC Group NV boosted its holdings in shares of White Mountains Insurance Group by 21.9% during the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after acquiring an additional 14 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Monday, February 10th.

White Mountains Insurance Group Stock Performance

WTM stock opened at $1,846.93 on Friday. The company has a market capitalization of $4.74 billion, a P/E ratio of 20.52 and a beta of 0.45. The company has a 50-day simple moving average of $1,891.05 and a 200 day simple moving average of $1,854.08. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,665.71 and a fifty-two week high of $2,023.00. 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 (NYSE:WTM) last posted its quarterly earnings data on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

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.