Park Avenue Securities LLC Invests $1.14 Million in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Park Avenue Securities LLC has invested approximately $1.14 million acquiring 637 shares in White Mountains Insurance Group, Ltd. during the 2nd quarter.
• Institutional investors and hedge funds now collectively own 88.65% of White Mountains Insurance Group's stock, indicating significant interest from large financial players.
• As of recently, White Mountains Insurance Group shares opened at $1,715.72, with a market capitalization of $4.43 billion and a P/E ratio of 21.49.

Park Avenue Securities LLC acquired a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 637 shares of the insurance provider's stock, valued at approximately $1,144,000.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA grew its stake in shares of 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 during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of 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 during the last quarter. Whipplewood Advisors LLC grew its stake in shares of 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 during the last quarter. Finally, WPG Advisers LLC acquired a new position in shares of White Mountains Insurance Group in the 1st quarter worth approximately $75,000. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $1,715.72 on Friday. The firm's 50 day moving average is $1,786.88 and its 200-day moving average is $1,792.21. The stock has a market capitalization of $4.43 billion, a P/E ratio of 21.49 and a beta of 0.38. 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, Ltd. has a 12-month low of $1,678.87 and a 12-month high of $2,023.00.

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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