Fiduciary Management Inc. WI Buys 22,681 Shares of White Mountains Insurance Group, Ltd. $WTM

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 grew its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 46.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,795 shares of the insurance provider's stock after acquiring an additional 22,681 shares during the quarter. Fiduciary Management Inc. WI owned 2.79% of White Mountains Insurance Group worth $138,264,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its stake in shares of White Mountains Insurance Group by 5.4% in the fourth 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. Invesco Ltd. raised its stake in shares of White Mountains Insurance Group by 4.9% in the fourth quarter. Invesco Ltd. now owns 4,349 shares of the insurance provider's stock worth $8,459,000 after purchasing an additional 205 shares during the last quarter. Barclays PLC raised its stake in shares of White Mountains Insurance Group by 86.1% in the fourth quarter. Barclays PLC now owns 2,142 shares of the insurance provider's stock worth $4,167,000 after purchasing an additional 991 shares during the last quarter. Mariner LLC raised its stake in shares of White Mountains Insurance Group by 22.4% in the fourth quarter. Mariner LLC now owns 825 shares of the insurance provider's stock worth $1,604,000 after purchasing an additional 151 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of White Mountains Insurance Group by 1,218.2% in the fourth quarter. NewEdge Advisors LLC now owns 145 shares of the insurance provider's stock worth $282,000 after purchasing an additional 134 shares during the last quarter. 88.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

White Mountains Insurance Group Stock Up 0.3%

White Mountains Insurance Group stock opened at $1,841.8030 on Friday. The stock has a market cap of $4.74 billion, a PE ratio of 23.07 and a beta of 0.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. White Mountains Insurance Group, Ltd. has a one year low of $1,678.87 and a one year high of $2,023.00. The stock has a fifty day moving average of $1,788.03 and a 200 day moving average of $1,807.96.

About White Mountains Insurance Group

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.

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