White Mountains Insurance Group, Ltd. $WTM Stock Position Raised by Fiduciary Management Inc. WI

Key Points

• Fiduciary Management Inc. WI increased its stake in White Mountains Insurance Group by 46.2%, acquiring an additional 22,681 shares, thus holding 2.79% of the company valued at approximately $138 million.
• Other hedge funds, including Barclays PLC and NewEdge Advisors LLC, also significantly raised their stakes in White Mountains Insurance Group during the fourth quarter, indicating growing institutional interest.
• Wall Street analysts upgraded White Mountains Insurance Group's rating from "sell" to "hold," signaling a more positive outlook on the stock's performance.

Fiduciary Management Inc. WI increased its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 46.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 71,795 shares of the insurance provider's stock after purchasing an additional 22,681 shares during the period. Fiduciary Management Inc. WI owned 2.79% of White Mountains Insurance Group worth $138,264,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings in 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 worth $29,000 after purchasing an additional 7 shares during the last quarter. Whipplewood Advisors LLC raised its holdings in White Mountains Insurance Group by 866.7% in the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock valued at $56,000 after acquiring an additional 26 shares in the last quarter. GeoWealth Management LLC increased its holdings in White Mountains Insurance Group by 26.9% in the fourth 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 last quarter. First Horizon Advisors Inc. raised its stake in White Mountains Insurance Group by 36.1% during the first 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 in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in White Mountains Insurance Group by 66.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock worth $117,000 after buying an additional 24 shares during the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

WTM stock traded up $8.03 during trading on Wednesday, hitting $1,843.72. The company had a trading volume of 27,462 shares, compared to its average volume of 19,225. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,678.87 and a fifty-two week high of $2,023.00. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 23.09 and a beta of 0.37. The business has a 50 day moving average of $1,792.66 and a 200 day moving average of $1,804.87.

Analyst Upgrades and Downgrades

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