Lord Abbett & CO. LLC increased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 7.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,012 shares of the insurance provider's stock after acquiring an additional 2,430 shares during the quarter. Lord Abbett & CO. LLC owned about 1.28% of White Mountains Insurance Group worth $55,994,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. HighTower Advisors LLC grew its position in shares of White Mountains Insurance Group by 579.1% in the third quarter. HighTower Advisors LLC now owns 1,562 shares of the insurance provider's stock valued at $2,646,000 after purchasing an additional 1,332 shares in the last quarter. Reinhart Partners LLC. grew its holdings in White Mountains Insurance Group by 3.9% in the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider's stock valued at $66,778,000 after buying an additional 1,490 shares in the last quarter. Lecap Asset Management Ltd. acquired a new stake in shares of White Mountains Insurance Group in the 3rd quarter worth $502,000. XTX Topco Ltd acquired a new stake in shares of White Mountains Insurance Group in the 3rd quarter worth $678,000. Finally, Amalgamated Bank raised its holdings in shares of White Mountains Insurance Group by 218.1% during the 2nd quarter. Amalgamated Bank now owns 439 shares of the insurance provider's stock worth $798,000 after acquiring an additional 301 shares during the period. Hedge funds and other institutional investors own 88.65% of the company's stock.
White Mountains Insurance Group Trading Down 0.4 %
Shares of WTM traded down $7.59 during mid-day trading on Friday, reaching $1,954.60. The stock had a trading volume of 26,790 shares, compared to its average volume of 10,904. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The business's fifty day moving average is $1,894.77 and its 200 day moving average is $1,803.18. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $2,023.00. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 7.74 and a beta of 0.45.
About White Mountains Insurance Group
(
Free Report)
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.
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