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

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

Other institutional investors have also recently made changes to their positions in the company. Barclays PLC increased its stake in shares of White Mountains Insurance Group by 101.9% in the 3rd quarter. Barclays PLC now owns 1,151 shares of the insurance provider's stock valued at $1,953,000 after acquiring an additional 581 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of White Mountains Insurance Group during the 4th quarter valued at approximately $214,000. Choreo LLC increased its holdings in White Mountains Insurance Group by 15.8% in the 4th quarter. Choreo LLC now owns 176 shares of the insurance provider's stock worth $340,000 after acquiring an additional 24 shares during the last quarter. Savant Capital LLC boosted its position in shares of White Mountains Insurance Group by 10.0% in the fourth quarter. Savant Capital LLC now owns 143 shares of the insurance provider's stock valued at $278,000 after acquiring an additional 13 shares during the period. Finally, Equitable Trust Co. grew its position in White Mountains Insurance Group by 20.0% during the fourth quarter. Equitable Trust Co. now owns 481 shares of the insurance provider's stock worth $936,000 after buying an additional 80 shares in the last quarter. Institutional investors own 88.65% of the company's stock.

Analysts Set New Price Targets

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

White Mountains Insurance Group Trading Up 0.8%

Shares of WTM traded up $14.12 during mid-day trading on Thursday, hitting $1,769.16. 6,774 shares of the company's stock traded hands, compared to its average volume of 14,379. 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 quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The business's 50-day moving average price is $1,772.23 and its 200-day moving average price is $1,857.36. The firm has a market capitalization of $4.55 billion, a P/E ratio of 19.66 and a beta of 0.36.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last released its earnings results on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The company had revenue of $472.20 million during the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

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.