Goldman Sachs Group Inc. Acquires 1,504 Shares of White Mountains Insurance Group, Ltd. $WTM

Key Points

• Goldman Sachs Group Inc. increased its stake in White Mountains Insurance Group by 54.6% in the first quarter, owning 4,259 shares worth $8.2 million.
• Institutional investors collectively own 88.65% of White Mountains Insurance Group's stock, indicating strong interest from major financial players.
• White Mountains Insurance Group's shares opened at $1,763.04 with a market cap of $4.55 billion, and a one-year high of $2,023.00.

Goldman Sachs Group Inc. increased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 54.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,259 shares of the insurance provider's stock after purchasing an additional 1,504 shares during the period. Goldman Sachs Group Inc. owned approximately 0.17% of White Mountains Insurance Group worth $8,202,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Private Trust Co. NA boosted its stake in White Mountains Insurance Group by 87.5% in 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 in the last quarter. Geneos Wealth Management Inc. boosted its stake in White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider's stock worth $33,000 after purchasing an additional 13 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in White Mountains Insurance Group by 90.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider's stock worth $40,000 after purchasing an additional 10 shares in the last quarter. Whipplewood Advisors LLC boosted its stake in White Mountains Insurance Group by 866.7% in the 1st quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock worth $56,000 after purchasing an additional 26 shares in the last quarter. Finally, WPG Advisers LLC bought a new position in White Mountains Insurance Group in the 1st quarter worth about $75,000. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,763.04 on Friday. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 22.08 and a beta of 0.38. The firm's 50-day moving average is $1,799.44 and its 200 day moving average is $1,800.29. White Mountains Insurance Group, Ltd. has a 1 year low of $1,678.87 and a 1 year high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

White Mountains Insurance Group Company 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.

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