Millennium Management LLC Grows Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Millennium Management LLC increased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 509.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,401 shares of the insurance provider's stock after buying an additional 2,007 shares during the quarter. Millennium Management LLC owned about 0.09% of White Mountains Insurance Group worth $4,670,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. AMG National Trust Bank raised its position in shares of White Mountains Insurance Group by 1.2% in the 4th quarter. AMG National Trust Bank now owns 572 shares of the insurance provider's stock worth $1,104,000 after buying an additional 7 shares during the period. Arizona State Retirement System raised its position in shares of White Mountains Insurance Group by 0.9% in the 4th quarter. Arizona State Retirement System now owns 746 shares of the insurance provider's stock worth $1,451,000 after buying an additional 7 shares during the period. Main Street Financial Solutions LLC raised its position in shares of White Mountains Insurance Group by 0.7% in the 4th quarter. Main Street Financial Solutions LLC now owns 1,009 shares of the insurance provider's stock worth $1,963,000 after buying an additional 7 shares during the period. Russell Investments Group Ltd. raised its position in shares of White Mountains Insurance Group by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock worth $266,000 after buying an additional 7 shares during the period. Finally, GeoWealth Management LLC raised its position in shares of White Mountains Insurance Group by 26.9% in the 4th quarter. GeoWealth Management LLC now owns 33 shares of the insurance provider's stock worth $64,000 after buying an additional 7 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Up 0.1%

NYSE:WTM traded up $0.89 during mid-day trading on Friday, hitting $1,787.08. The company had a trading volume of 21,383 shares, compared to its average volume of 13,978. The business has a fifty day simple moving average of $1,786.40 and a 200-day simple moving average of $1,865.15. 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 1 year low of $1,666.22 and a 1 year high of $2,023.00. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 19.86 and a beta of 0.34.

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

Wall Street Analysts Forecast Growth

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

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.