3,540 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Bought by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,540 shares of the insurance provider's stock, valued at approximately $6,817,000. Edgestream Partners L.P. owned 0.14% of White Mountains Insurance Group as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Cerity Partners LLC lifted its position in shares of White Mountains Insurance Group by 2.6% in the first quarter. Cerity Partners LLC now owns 1,896 shares of the insurance provider's stock valued at $3,651,000 after acquiring an additional 48 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of White Mountains Insurance Group in the first quarter valued at about $233,000. Envestnet Asset Management Inc. lifted its position in shares of White Mountains Insurance Group by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock valued at $33,257,000 after acquiring an additional 855 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of White Mountains Insurance Group by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 49 shares of the insurance provider's stock valued at $94,000 after acquiring an additional 13 shares in the last quarter. Finally, Private Trust Co. NA lifted its position in shares of White Mountains Insurance Group by 87.5% in the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock worth $29,000 after buying an additional 7 shares in the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th.

White Mountains Insurance Group Trading Down 0.1%

NYSE:WTM traded down $1.55 during midday trading on Friday, hitting $1,810.45. The stock had a trading volume of 20,302 shares, compared to its average volume of 18,197. White Mountains Insurance Group, Ltd. has a one year low of $1,666.22 and a one year high of $2,023.00. The company has a market capitalization of $4.65 billion, a price-to-earnings ratio of 166.91 and a beta of 0.36. The stock has a 50-day moving average of $1,788.13 and a 200 day moving average of $1,825.46. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 5.01% and a net margin of 1.29%. The company had revenue of $472.20 million for the quarter.

White Mountains Insurance Group Company 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.