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

Edgestream Partners L.P. acquired a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 3,540 shares of the insurance provider's stock, valued at approximately $6,817,000. Edgestream Partners L.P. owned approximately 0.14% of White Mountains Insurance Group at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cerity Partners LLC lifted its holdings 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 worth $3,651,000 after buying an additional 48 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in White Mountains Insurance Group in the 1st quarter worth approximately $233,000. Envestnet Asset Management Inc. boosted its holdings in White Mountains Insurance Group by 5.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock valued at $33,257,000 after purchasing an additional 855 shares during the period. First Horizon Advisors Inc. boosted its holdings in White Mountains Insurance Group by 36.1% in the 1st quarter. First Horizon Advisors Inc. now owns 49 shares of the insurance provider's stock valued at $94,000 after purchasing an additional 13 shares during the period. Finally, Private Trust Co. NA grew its position in shares of White Mountains Insurance Group by 87.5% during the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock valued at $29,000 after purchasing an additional 7 shares in the last quarter. Institutional investors own 88.65% of the company's stock.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $1,830.82 on Tuesday. The company has a market cap of $4.71 billion, a PE ratio of 168.74 and a beta of 0.36. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average price of $1,786.65 and a 200-day moving average price of $1,827.41. White Mountains Insurance Group, Ltd. has a 12-month low of $1,666.22 and a 12-month high of $2,023.00.

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

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