721 Shares in White Mountains Insurance Group, Ltd. $WTM Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 721 shares of the insurance provider's stock, valued at approximately $1,495,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. River Road Asset Management LLC raised its stake in shares of White Mountains Insurance Group by 10.3% in the 4th quarter. River Road Asset Management LLC now owns 120,880 shares of the insurance provider's stock worth $251,192,000 after buying an additional 11,292 shares in the last quarter. BlackRock Inc. bought a new position in White Mountains Insurance Group during the second quarter valued at about $244,393,000. Wallace Capital Management Inc. bought a new position in White Mountains Insurance Group during the second quarter valued at about $166,010,000. State Street Corp grew its holdings in White Mountains Insurance Group by 4.2% during the second quarter. State Street Corp now owns 57,241 shares of the insurance provider's stock worth $102,789,000 after acquiring an additional 2,297 shares during the period. Finally, Reinhart Partners LLC. grew its holdings in White Mountains Insurance Group by 19.0% during the second quarter. Reinhart Partners LLC. now owns 44,480 shares of the insurance provider's stock worth $92,265,000 after acquiring an additional 7,106 shares during the period. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Stock Performance

WTM opened at $2,100.96 on Tuesday. The firm has a market cap of $5.02 billion, a PE ratio of 4.78 and a beta of 0.30. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.15. The business has a fifty day simple moving average of $2,142.32 and a 200-day simple moving average of $2,153.13. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,648.00 and a fifty-two week high of $2,333.00.

Wall Street Analyst Weigh In

Several brokerages have commented on WTM. Weiss Ratings upgraded shares of White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b)" rating in a research report on Wednesday, August 12th. Zacks Research raised shares of White Mountains Insurance Group to a "hold" rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen upgraded shares of White Mountains Insurance Group from a "hold" rating to a "buy" rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, White Mountains Insurance Group currently has a consensus rating of "Moderate Buy".

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange NYSE: WTM, White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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