Allspring Global Investments Holdings LLC Buys 1,621 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Allspring Global Investments Holdings LLC grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 7.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,857 shares of the insurance provider's stock after purchasing an additional 1,621 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.98% of White Mountains Insurance Group worth $47,278,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Huntington National Bank lifted its position in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 8 shares during the period. Whipplewood Advisors LLC lifted its position in White Mountains Insurance Group by 866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock valued at $56,000 after acquiring an additional 26 shares during the period. GeoWealth Management LLC lifted its position in White Mountains Insurance Group by 26.9% during the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock valued at $64,000 after acquiring an additional 7 shares during the period. Tower Research Capital LLC TRC lifted its position in White Mountains Insurance Group by 66.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock valued at $117,000 after acquiring an additional 24 shares during the period. Finally, GAMMA Investing LLC lifted its position in White Mountains Insurance Group by 43.4% during the 1st quarter. GAMMA Investing LLC now owns 76 shares of the insurance provider's stock valued at $146,000 after acquiring an additional 23 shares during the period. Institutional investors own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Trading Down 0.9%

Shares of NYSE WTM opened at $1,784.83 on Monday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00. The stock has a market cap of $4.59 billion, a P/E ratio of 164.50 and a beta of 0.36. The firm has a 50-day moving average of $1,779.90 and a 200 day moving average of $1,836.84. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.78.

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

White Mountains Insurance Group 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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