Farther Finance Advisors LLC Increases Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Farther Finance Advisors LLC increased its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 134.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 392 shares of the insurance provider's stock after purchasing an additional 225 shares during the period. Farther Finance Advisors LLC's holdings in White Mountains Insurance Group were worth $746,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WTM. GAMMA Investing LLC increased its stake in shares of White Mountains Insurance Group by 276,054.7% in the first quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock worth $281,865,000 after buying an additional 146,309 shares during the period. Cooke & Bieler LP bought a new stake in White Mountains Insurance Group in the 4th quarter worth $66,268,000. Raymond James Financial Inc. purchased a new position in shares of White Mountains Insurance Group in the fourth quarter valued at about $63,160,000. Norges Bank bought a new position in shares of White Mountains Insurance Group during the fourth quarter valued at about $59,661,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of White Mountains Insurance Group during the fourth quarter worth about $45,407,000. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Trading Down 0.8%

Shares of WTM stock traded down $13.67 during trading hours on Tuesday, reaching $1,748.58. The company's stock had a trading volume of 16,460 shares, compared to its average volume of 14,388. 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 one year low of $1,666.22 and a one year high of $2,023.00. The stock has a market capitalization of $4.49 billion, a P/E ratio of 161.16 and a beta of 0.36. The firm's fifty day simple moving average is $1,776.22 and its 200 day simple moving average is $1,849.43.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share 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 during the quarter.

Analyst Ratings Changes

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