Martingale Asset Management L P Has $1 Million Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Martingale Asset Management L P lessened its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 52.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 592 shares of the insurance provider's stock after selling 661 shares during the quarter. Martingale Asset Management L P's holdings in White Mountains Insurance Group were worth $1,004,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in WTM. Hexagon Capital Partners LLC grew its position in shares of 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 worth $25,000 after acquiring an additional 10 shares during the last quarter. UMB Bank n.a. grew its position in White Mountains Insurance Group by 40.0% in the 3rd 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 in the last quarter. Family Firm Inc. bought a new position in White Mountains Insurance Group in the 2nd quarter valued at about $82,000. GAMMA Investing LLC grew its position in White Mountains Insurance Group by 104.2% in the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider's stock valued at $83,000 after buying an additional 25 shares in the last quarter. Finally, Quarry LP acquired a new stake in White Mountains Insurance Group in the 2nd quarter valued at about $93,000. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

NYSE WTM traded down $20.65 on Tuesday, reaching $1,986.99. The company's stock had a trading volume of 9,843 shares, compared to its average volume of 10,854. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. White Mountains Insurance Group, Ltd. has a twelve month low of $1,401.01 and a twelve month high of $2,023.00. The stock has a market cap of $5.11 billion, a PE ratio of 7.85 and a beta of 0.45. The firm's 50 day moving average is $1,851.51 and its two-hundred day moving average is $1,788.99.

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.