White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 276,054.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 146,362 shares of the insurance provider's stock after purchasing an additional 146,309 shares during the period. GAMMA Investing LLC owned 5.76% of White Mountains Insurance Group worth $281,865,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of WTM. Barclays PLC raised its position in shares of White Mountains Insurance Group by 101.9% during the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock worth $1,953,000 after purchasing an additional 581 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in White Mountains Insurance Group by 51.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 357 shares of the insurance provider's stock valued at $694,000 after acquiring an additional 121 shares during the last quarter. Blue Trust Inc. raised its holdings in White Mountains Insurance Group by 13.8% in the 4th quarter. Blue Trust Inc. now owns 107 shares of the insurance provider's stock valued at $208,000 after acquiring an additional 13 shares during the last quarter. KBC Group NV raised its holdings in White Mountains Insurance Group by 2,539.7% in the 4th quarter. KBC Group NV now owns 2,059 shares of the insurance provider's stock valued at $4,005,000 after acquiring an additional 1,981 shares during the last quarter. Finally, Waldron Private Wealth LLC acquired a new stake in White Mountains Insurance Group in the 4th quarter valued at about $204,000. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

WTM stock traded down $12.91 during mid-day trading on Wednesday, reaching $1,801.06. The company's stock had a trading volume of 12,787 shares, compared to its average volume of 14,041. The stock has a market cap of $4.64 billion, a PE ratio of 20.01 and a beta of 0.34. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. 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 company's 50 day moving average is $1,781.83 and its two-hundred day moving average is $1,863.20.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share (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 firm had revenue of $472.20 million for the quarter.

Analysts Set New Price Targets

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

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.