SG Americas Securities LLC Invests $2.87 Million in White Mountains Insurance Group, Ltd. (NYSE:WTM)

SG Americas Securities LLC bought a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,476 shares of the insurance provider's stock, valued at approximately $2,871,000. SG Americas Securities LLC owned 0.06% of White Mountains Insurance Group as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WTM. River Road Asset Management LLC grew its holdings in shares of White Mountains Insurance Group by 1.6% during the third quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider's stock worth $200,501,000 after buying an additional 1,886 shares during the last quarter. Wallace Capital Management Inc. increased its holdings in shares of White Mountains Insurance Group by 1.3% in the third quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider's stock valued at $139,708,000 after purchasing an additional 1,062 shares during the period. State Street Corp increased its holdings in shares of White Mountains Insurance Group by 5.2% in the third quarter. State Street Corp now owns 54,877 shares of the insurance provider's stock valued at $93,082,000 after purchasing an additional 2,714 shares during the period. Geode Capital Management LLC raised its stake in shares of White Mountains Insurance Group by 0.7% during the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider's stock worth $67,603,000 after purchasing an additional 273 shares during the last quarter. Finally, Reinhart Partners LLC. lifted its holdings in shares of White Mountains Insurance Group by 3.9% during the third 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 period. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

WTM traded up $22.28 during trading on Friday, hitting $1,902.78. The stock had a trading volume of 14,432 shares, compared to its average volume of 11,541. The firm has a market capitalization of $4.89 billion, a P/E ratio of 7.53 and a beta of 0.46. 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 $1,554.50 and a twelve month high of $2,023.00. The company's 50-day moving average price is $1,929.56 and its 200 day moving average price is $1,831.30.

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.