Harbor Capital Advisors Inc. lifted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 100.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,390 shares of the insurance provider's stock after acquiring an additional 1,198 shares during the quarter. Harbor Capital Advisors Inc. owned approximately 0.09% of White Mountains Insurance Group worth $4,054,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. OFI Invest Asset Management acquired a new position in White Mountains Insurance Group in the 2nd quarter valued at approximately $526,000. Lord Abbett & CO. LLC increased its stake in shares of White Mountains Insurance Group by 16.0% during the 1st quarter. Lord Abbett & CO. LLC now owns 28,472 shares of the insurance provider's stock worth $51,088,000 after purchasing an additional 3,934 shares during the last quarter. Reinhart Partners LLC. increased its stake in shares of White Mountains Insurance Group by 3.9% during the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider's stock worth $66,778,000 after purchasing an additional 1,490 shares during the last quarter. Lecap Asset Management Ltd. acquired a new position in shares of White Mountains Insurance Group during the 3rd quarter worth $502,000. Finally, Russell Investments Group Ltd. increased its stake in shares of White Mountains Insurance Group by 2,125.0% during the 1st quarter. Russell Investments Group Ltd. now owns 356 shares of the insurance provider's stock worth $639,000 after purchasing an additional 340 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.
White Mountains Insurance Group Stock Down 1.7 %
Shares of WTM traded down $31.23 during mid-day trading on Monday, hitting $1,774.07. 8,878 shares of the company's stock were exchanged, compared to its average volume of 10,781. The firm has a fifty day moving average of $1,780.53 and a two-hundred day moving average of $1,768.93. White Mountains Insurance Group, Ltd. has a twelve month low of $1,401.01 and a twelve month high of $1,899.91. The stock has a market cap of $4.56 billion, a price-to-earnings ratio of 9.26 and a beta of 0.43. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.11.
White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted 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 Company Profile
(
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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