Wallace Capital Management Inc. Has $139.71 Million Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Wallace Capital Management Inc. lifted its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 82,366 shares of the insurance provider's stock after purchasing an additional 1,062 shares during the quarter. White Mountains Insurance Group accounts for approximately 18.9% of Wallace Capital Management Inc.'s holdings, making the stock its 2nd largest position. Wallace Capital Management Inc. owned approximately 3.20% of White Mountains Insurance Group worth $139,708,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WTM. Hexagon Capital Partners LLC raised its position 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 acquiring an additional 10 shares in the last quarter. UMB Bank n.a. lifted its stake in 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 valued at $47,000 after purchasing an additional 8 shares during the last quarter. Family Firm Inc. bought a new stake in White Mountains Insurance Group during the second quarter worth approximately $82,000. GAMMA Investing LLC grew its position in White Mountains Insurance Group by 104.2% in the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider's stock worth $83,000 after buying an additional 25 shares during the last quarter. Finally, Quarry LP bought a new position in shares of White Mountains Insurance Group in the second quarter valued at $93,000. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of WTM traded up $2.84 during trading hours on Friday, hitting $1,987.86. 15,853 shares of the company were exchanged, compared to its average volume of 10,873. The firm has a fifty day simple moving average of $1,868.26 and a 200-day simple moving average of $1,793.28. The company has a market capitalization of $5.11 billion, a PE ratio of 7.86 and a beta of 0.45. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. White Mountains Insurance Group, Ltd. has a one year low of $1,401.01 and a one year high of $2,023.00.

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.