Envestnet Asset Management Inc. Increases Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Envestnet Asset Management Inc. lifted its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 5.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,269 shares of the insurance provider's stock after buying an additional 855 shares during the quarter. Envestnet Asset Management Inc. owned 0.67% of White Mountains Insurance Group worth $33,257,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA raised its holdings 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 buying an additional 7 shares during the period. Huntington National Bank raised its holdings in shares of 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 buying an additional 8 shares during the period. Whipplewood Advisors LLC raised its holdings in shares of 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 buying an additional 26 shares during the period. GeoWealth Management LLC raised its holdings in shares of 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 buying an additional 7 shares during the period. Finally, First Horizon Advisors Inc. raised its holdings in shares of White Mountains Insurance Group by 36.1% during the 1st quarter. First Horizon Advisors Inc. now owns 49 shares of the insurance provider's stock valued at $94,000 after buying an additional 13 shares during the period. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

WTM stock opened at $1,798.34 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13. White Mountains Insurance Group, Ltd. has a 52-week low of $1,666.22 and a 52-week high of $2,023.00. The stock's 50 day moving average is $1,786.65 and its two-hundred day moving average is $1,827.41. The company has a market capitalization of $4.62 billion, a PE ratio of 165.75 and a beta of 0.36.

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) earnings per share (EPS) for the quarter, missing the consensus estimate of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 5.01% and a net margin of 1.29%. The business had revenue of $472.20 million for the quarter.

Analyst Upgrades and Downgrades

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

About White Mountains Insurance Group

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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