Dimensional Fund Advisors LP Cuts Position in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Dimensional Fund Advisors LP has reduced its stake in White Mountains Insurance Group by 0.5%, now holding 156,617 shares valued at approximately $301.6 million.
• Other institutional investors have increased their positions, with GAMMA Investing LLC raising its stake by over 276,000%, now owning 146,362 shares valued at around $281.9 million.
• White Mountains Insurance Group's stock performance shows a 52-week range between $1,678.87 and $2,023.00, with the latest price at $1,765.61.

Dimensional Fund Advisors LP decreased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 0.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 156,617 shares of the insurance provider's stock after selling 778 shares during the period. Dimensional Fund Advisors LP owned approximately 6.08% of White Mountains Insurance Group worth $301,609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Private Trust Co. NA grew its position in shares of White Mountains Insurance Group by 87.5% during the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock worth $29,000 after acquiring an additional 7 shares during the last quarter. Whipplewood Advisors LLC lifted its holdings in shares of White Mountains Insurance Group by 866.7% during the first 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 increased its position in White Mountains Insurance Group by 26.9% in the fourth quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after purchasing an additional 7 shares during the period. First Horizon Advisors Inc. grew its position in shares of 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, Tower Research Capital LLC TRC raised its stake in White Mountains Insurance Group by 66.7% in 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. 88.65% of the stock is owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM traded up $8.01 during mid-day trading on Friday, reaching $1,849.42. The stock had a trading volume of 12,340 shares, compared to its average volume of 19,038. White Mountains Insurance Group, Ltd. has a 1 year low of $1,678.87 and a 1 year high of $2,023.00. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The business's 50 day moving average price is $1,788.03 and its 200 day moving average price is $1,807.96. The company has a market cap of $4.76 billion, a P/E ratio of 23.16 and a beta of 0.37.

Wall Street Analyst Weigh In

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.