Opal Wealth Advisors LLC Sells 171 Shares of White Mountains Insurance Group, Ltd. $WTM

Key Points

• Opal Wealth Advisors LLC reduced its stake in White Mountains Insurance Group by 81.8% in the second quarter, selling 171 shares, and now holds 38 shares valued at $68,000.
• Other institutional investors, such as GAMMA Investing LLC, significantly increased their holdings in White Mountains Insurance Group, with GAMMA boosting its stake by 276,054.7% in the first quarter.
• White Mountains Insurance Group has a market capitalization of $4.56 billion and a current stock price of $1,766.13, with a 52-week high of $2,023.00.

Opal Wealth Advisors LLC trimmed its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 81.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38 shares of the insurance provider's stock after selling 171 shares during the quarter. Opal Wealth Advisors LLC's holdings in White Mountains Insurance Group were worth $68,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of WTM. GAMMA Investing LLC boosted its holdings in shares of White Mountains Insurance Group by 276,054.7% during the 1st quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock worth $281,865,000 after buying an additional 146,309 shares during the period. Fiduciary Management Inc. WI boosted its stake in White Mountains Insurance Group by 46.2% in the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider's stock valued at $138,264,000 after purchasing an additional 22,681 shares during the period. Cooke & Bieler LP boosted its stake in White Mountains Insurance Group by 60.4% in the 1st quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider's stock valued at $105,249,000 after purchasing an additional 20,582 shares during the period. Nuveen LLC bought a new stake in shares of White Mountains Insurance Group in the first quarter valued at about $14,964,000. Finally, Phocas Financial Corp. bought a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at about $11,091,000. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $1,766.13 on Wednesday. The stock has a fifty day moving average price of $1,791.60 and a 200-day moving average price of $1,794.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,678.87 and a fifty-two week high of $2,023.00. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 22.12 and a beta of 0.38.

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.

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