Farther Finance Advisors LLC Has $746,000 Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Farther Finance Advisors LLC raised its position in shares of 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 Securities and Exchange Commission (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.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WTM. AMG National Trust Bank lifted its holdings in White Mountains Insurance Group by 1.2% in the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after purchasing an additional 7 shares during the last quarter. Arizona State Retirement System lifted its holdings in White Mountains Insurance Group by 0.9% in the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after purchasing an additional 7 shares during the last quarter. Main Street Financial Solutions LLC lifted its holdings in White Mountains Insurance Group by 0.7% in the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after purchasing an additional 7 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in White Mountains Insurance Group by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock worth $266,000 after purchasing an additional 7 shares during the last quarter. Finally, GeoWealth Management LLC lifted its holdings in White Mountains Insurance Group by 26.9% in the 4th 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 last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Performance

Shares of WTM stock traded up $7.01 during trading hours on Friday, reaching $1,776.44. 16,887 shares of the company's stock were exchanged, compared to its average volume of 14,385. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,666.22 and a fifty-two week high of $2,023.00. The stock has a market capitalization of $4.57 billion, a P/E ratio of 19.74 and a beta of 0.36. The business has a fifty day moving average price of $1,774.93 and a 200-day moving average price of $1,854.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%. The business 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.