Harbor Capital Advisors Inc. Increases Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Harbor Capital Advisors Inc. boosted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 25.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,058 shares of the insurance provider's stock after acquiring an additional 627 shares during the period. Harbor Capital Advisors Inc. owned 0.12% of White Mountains Insurance Group worth $5,889,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of White Mountains Insurance Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock valued at $489,647,000 after purchasing an additional 956 shares in the last quarter. GAMMA Investing LLC boosted its stake in White Mountains Insurance Group by 276,054.7% during the first quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock valued at $281,865,000 after buying an additional 146,309 shares during the period. Boston Partners grew its position in White Mountains Insurance Group by 0.4% during the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock worth $165,820,000 after buying an additional 348 shares in the last quarter. Reinhart Partners LLC. increased its stake in White Mountains Insurance Group by 11.0% in the 1st quarter. Reinhart Partners LLC. now owns 42,478 shares of the insurance provider's stock worth $81,804,000 after acquiring an additional 4,206 shares during the last quarter. Finally, Cooke & Bieler LP purchased a new stake in shares of White Mountains Insurance Group in the 4th quarter valued at about $66,268,000. Institutional investors own 88.65% of the company's stock.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Price Performance

WTM stock traded up $7.01 during midday trading on Friday, reaching $1,776.44. The company had a trading volume of 16,887 shares, compared to its average volume of 14,378. The firm has a 50-day moving average price of $1,774.93 and a 200-day moving average price of $1,852.98. The company has a market capitalization of $4.57 billion, a P/E ratio of 19.74 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) earnings per share for the quarter, missing the consensus estimate 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 during 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.