Allspring Global Investments Holdings LLC Raises Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Allspring Global Investments Holdings LLC grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 44.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,555 shares of the insurance provider's stock after acquiring an additional 6,896 shares during the period. Allspring Global Investments Holdings LLC owned about 0.88% of White Mountains Insurance Group worth $38,258,000 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 raised its stake in White Mountains Insurance Group by 250.0% in the second quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider's stock worth $25,000 after buying an additional 10 shares in the last quarter. Fidelis Capital Partners LLC acquired a new position in shares of White Mountains Insurance Group during the first quarter worth $34,000. UMB Bank n.a. increased its position in shares of 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 purchasing an additional 8 shares in the last quarter. Family Firm Inc. acquired a new position in shares of White Mountains Insurance Group during the second quarter worth $82,000. Finally, GAMMA Investing LLC increased its position in shares of 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 purchasing an additional 25 shares in the last quarter. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Down 0.6 %

Shares of WTM stock traded down $11.26 during trading hours on Wednesday, reaching $1,831.98. 7,308 shares of the company's stock were exchanged, compared to its average volume of 10,683. The stock's 50 day moving average is $1,772.51 and its 200-day moving average is $1,763.15. The company has a market cap of $4.70 billion, a price-to-earnings ratio of 8.34 and a beta of 0.43. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,401.01 and a fifty-two week high of $1,899.91.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 21.40% and a return on equity of 7.62%. The firm had revenue of $455.60 million during the quarter.

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.