White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 4.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,743 shares of the insurance provider's stock after selling 945 shares during the period. Raymond James & Associates owned approximately 0.85% of White Mountains Insurance Group worth $36,880,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of WTM. Hengehold Capital Management LLC grew its position in White Mountains Insurance Group by 21.3% during the 1st quarter. Hengehold Capital Management LLC now owns 171 shares of the insurance provider's stock worth $307,000 after purchasing an additional 30 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in White Mountains Insurance Group by 20.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 13,839 shares of the insurance provider's stock worth $24,831,000 after purchasing an additional 2,391 shares during the last quarter. Principal Financial Group Inc. grew its position in White Mountains Insurance Group by 43.0% during the 1st quarter. Principal Financial Group Inc. now owns 216 shares of the insurance provider's stock worth $388,000 after purchasing an additional 65 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of White Mountains Insurance Group in the 1st quarter worth $208,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of White Mountains Insurance Group by 34.2% in the 1st quarter. BNP Paribas Financial Markets now owns 153 shares of the insurance provider's stock worth $275,000 after acquiring an additional 39 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

Shares of WTM stock traded up $12.31 during mid-day trading on Thursday, hitting $1,844.29. The stock had a trading volume of 20,679 shares, compared to its average volume of 10,731. 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. The firm has a market cap of $4.73 billion, a PE ratio of 8.34 and a beta of 0.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.83 and a quick ratio of 0.83. The company's 50-day simple moving average is $1,777.96 and its 200-day simple moving average is $1,764.19.

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

About White Mountains Insurance Group

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.