Envestnet Asset Management Inc. Has $33.26 Million Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Envestnet Asset Management Inc. raised its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 5.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,269 shares of the insurance provider's stock after purchasing an additional 855 shares during the period. Envestnet Asset Management Inc. owned 0.67% of White Mountains Insurance Group worth $33,257,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of White Mountains Insurance Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock valued at $489,647,000 after acquiring an additional 956 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of White Mountains Insurance Group by 276,054.7% during the 1st quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock valued at $281,865,000 after acquiring an additional 146,309 shares during the last quarter. Boston Partners increased its holdings in shares of White Mountains Insurance Group by 0.4% during the 4th quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock valued at $165,820,000 after acquiring an additional 348 shares during the last quarter. Reinhart Partners LLC. increased its holdings in shares of White Mountains Insurance Group by 11.0% during the 1st quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider's stock valued at $81,804,000 after acquiring an additional 4,206 shares during the last quarter. Finally, Lord Abbett & CO. LLC increased its holdings in shares of White Mountains Insurance Group by 0.3% during the 4th quarter. Lord Abbett & CO. LLC now owns 33,116 shares of the insurance provider's stock valued at $64,413,000 after acquiring an additional 104 shares during the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Stock Performance

WTM traded up $31.45 during midday trading on Thursday, reaching $1,809.45. The company's stock had a trading volume of 28,542 shares, compared to its average volume of 14,893. The stock has a market cap of $4.65 billion, a P/E ratio of 166.77 and a beta of 0.36. The company has a fifty day simple moving average of $1,788.13 and a 200 day simple moving average of $1,825.46. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. White Mountains Insurance Group, Ltd. has a twelve month low of $1,666.22 and a twelve month high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its 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 during 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.