FMR LLC lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 7.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,196 shares of the insurance provider's stock after acquiring an additional 1,610 shares during the quarter. FMR LLC owned approximately 0.86% of White Mountains Insurance Group worth $37,649,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Select Equity Group L.P. grew its stake in shares of White Mountains Insurance Group by 18.9% during the second quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider's stock worth $107,886,000 after purchasing an additional 9,430 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of White Mountains Insurance Group by 44.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 22,555 shares of the insurance provider's stock worth $38,258,000 after purchasing an additional 6,896 shares during the period. Horizon Kinetics Asset Management LLC grew its stake in shares of White Mountains Insurance Group by 422.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 7,138 shares of the insurance provider's stock worth $12,107,000 after purchasing an additional 5,773 shares during the period. Lee Danner & Bass Inc. acquired a new stake in shares of White Mountains Insurance Group during the second quarter worth $5,967,000. Finally, River Road Asset Management LLC grew its stake 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 purchasing an additional 1,886 shares during the period. Institutional investors own 88.65% of the company's stock.
White Mountains Insurance Group Trading Down 0.3 %
Shares of White Mountains Insurance Group stock traded down $6.33 during trading on Monday, reaching $1,981.53. 6,559 shares of the company were exchanged, compared to its average volume of 10,854. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a twelve month low of $1,401.01 and a twelve month high of $2,023.00. The business has a 50-day moving average price of $1,874.00 and a 200-day moving average price of $1,795.15. The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 7.87 and a beta of 0.45.
About White Mountains Insurance Group
(
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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