Perpetual Ltd Has $14.88 Million Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Perpetual Ltd lessened its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 19.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,727 shares of the insurance provider's stock after selling 1,900 shares during the quarter. Perpetual Ltd owned 0.30% of White Mountains Insurance Group worth $14,881,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Bessemer Group Inc. raised its position in White Mountains Insurance Group by 10.6% in the 1st quarter. Bessemer Group Inc. now owns 94 shares of the insurance provider's stock valued at $181,000 after purchasing an additional 9 shares during the last quarter. Riverwater Partners LLC bought a new position in White Mountains Insurance Group in the 1st quarter valued at $273,000. Blue Trust Inc. raised its position in White Mountains Insurance Group by 39.3% in the 1st quarter. Blue Trust Inc. now owns 85 shares of the insurance provider's stock valued at $164,000 after purchasing an additional 24 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in White Mountains Insurance Group by 20.2% in the 1st quarter. Sagespring Wealth Partners LLC now owns 137 shares of the insurance provider's stock valued at $264,000 after purchasing an additional 23 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of White Mountains Insurance Group by 15.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 413 shares of the insurance provider's stock valued at $795,000 after buying an additional 56 shares during the period. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Trading Up 0.3%

Shares of NYSE WTM traded up $6.06 during midday trading on Monday, hitting $1,789.99. The stock had a trading volume of 25,285 shares, compared to its average volume of 14,072. The company's 50-day simple moving average is $1,781.71 and its 200 day simple moving average is $1,835.69. The firm has a market cap of $4.60 billion, a P/E ratio of 164.98 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,666.22 and a fifty-two week high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.78.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The insurance provider reported ($20.50) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). White Mountains Insurance Group had a return on equity of 5.01% and a net margin of 1.29%. The company had revenue of $472.20 million for 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 note on Tuesday, May 13th.

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.