White Mountains Insurance Group, Ltd. (NYSE:WTM) Stock Position Lowered by BNP Paribas Financial Markets

BNP Paribas Financial Markets lessened its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 56.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 132 shares of the insurance provider's stock after selling 169 shares during the quarter. BNP Paribas Financial Markets' holdings in White Mountains Insurance Group were worth $257,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. AMG National Trust Bank boosted its position in White Mountains Insurance Group by 1.2% during the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after acquiring an additional 7 shares during the period. Arizona State Retirement System boosted its position in White Mountains Insurance Group by 0.9% during the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after acquiring an additional 7 shares during the period. Main Street Financial Solutions LLC boosted its position in White Mountains Insurance Group by 0.7% during the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after acquiring an additional 7 shares during the period. Russell Investments Group Ltd. boosted its position in White Mountains Insurance Group by 5.4% during the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock worth $266,000 after acquiring an additional 7 shares during the period. Finally, GeoWealth Management LLC boosted 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 worth $64,000 after acquiring an additional 7 shares during the period. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

Shares of WTM traded up $9.22 during midday trading on Monday, reaching $1,794.02. The stock had a trading volume of 16,513 shares, compared to its average volume of 13,972. White Mountains Insurance Group, Ltd. has a 52 week low of $1,666.22 and a 52 week high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The firm's 50 day moving average price is $1,784.37 and its 200-day moving average price is $1,863.55. The company has a market capitalization of $4.62 billion, a P/E ratio of 19.94 and a beta of 0.34.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%. The firm had revenue of $472.20 million during the quarter.

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 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.