Jane Street Group LLC raised its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 41.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,307 shares of the insurance provider's stock after purchasing an additional 380 shares during the quarter. Jane Street Group LLC owned about 0.05% of White Mountains Insurance Group worth $2,217,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in WTM. UMB Bank n.a. boosted its position in White Mountains Insurance Group by 40.0% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider's stock valued at $47,000 after buying an additional 8 shares during the last quarter. GAMMA Investing LLC raised its holdings 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 during the last quarter. Quarry LP purchased a new stake in White Mountains Insurance Group in the second quarter valued at $93,000. KBC Group NV lifted its holdings in shares of White Mountains Insurance Group by 21.9% in the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider's stock valued at $132,000 after buying an additional 14 shares during the period. Finally, Eastern Bank purchased a new position in White Mountains Insurance Group during the third quarter valued at approximately $170,000. Hedge funds and other institutional investors own 88.65% of the company's stock.
White Mountains Insurance Group Price Performance
Shares of WTM stock traded up $23.09 during mid-day trading on Tuesday, hitting $1,930.58. 5,321 shares of the stock were exchanged, compared to its average volume of 11,099. The company has a market cap of $4.96 billion, a PE ratio of 7.64 and a beta of 0.45. White Mountains Insurance Group, Ltd. has a 52-week low of $1,462.19 and a 52-week high of $2,023.00. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a fifty day moving average of $1,909.73 and a 200 day moving average of $1,810.65.
White Mountains Insurance Group 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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