Envestnet Portfolio Solutions Inc. Reduces Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Envestnet Portfolio Solutions Inc. trimmed its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 39.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287 shares of the insurance provider's stock after selling 188 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in White Mountains Insurance Group were worth $553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of White Mountains Insurance Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock worth $489,647,000 after purchasing an additional 956 shares during the period. GAMMA Investing LLC lifted its stake 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 buying an additional 146,309 shares in the last quarter. Boston Partners boosted its holdings in White Mountains Insurance Group by 0.4% in the 4th quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock worth $165,820,000 after buying an additional 348 shares during the period. Reinhart Partners LLC. boosted its holdings in White Mountains Insurance Group by 11.0% in the 1st quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider's stock worth $81,804,000 after buying an additional 4,206 shares during the period. Finally, Cooke & Bieler LP purchased a new stake in White Mountains Insurance Group in the 4th quarter worth $66,268,000. Institutional investors own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

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

White Mountains Insurance Group Price Performance

NYSE WTM traded up $6.06 during trading hours on Monday, reaching $1,789.99. The company's stock had a trading volume of 25,285 shares, compared to its average volume of 14,072. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 164.98 and a beta of 0.36. The firm's 50-day moving average price is $1,781.71 and its 200-day moving average price is $1,835.69.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released 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 net margin of 1.29% and a return on equity of 5.01%. The company had revenue of $472.20 million for the quarter.

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.