Sendero Wealth Management LLC Raises Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Sendero Wealth Management LLC raised its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 79.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 419 shares of the insurance provider's stock after purchasing an additional 185 shares during the period. Sendero Wealth Management LLC's holdings in White Mountains Insurance Group were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in WTM. Whipplewood Advisors LLC raised its position in shares of White Mountains Insurance Group by 866.7% during the 1st quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock valued at $56,000 after buying an additional 26 shares in the last quarter. GAMMA Investing LLC raised its position 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 valued at $281,865,000 after buying an additional 146,309 shares in the last quarter. Versant Capital Management Inc raised its position in shares of White Mountains Insurance Group by 378.9% during the 1st quarter. Versant Capital Management Inc now owns 91 shares of the insurance provider's stock valued at $175,000 after buying an additional 72 shares in the last quarter. Phocas Financial Corp. purchased a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at about $11,091,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of White Mountains Insurance Group during the 4th quarter valued at about $420,000. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

Shares of NYSE WTM traded up $21.17 during mid-day trading on Friday, hitting $1,818.03. 20,360 shares of the company's stock traded hands, compared to its average volume of 14,184. The company's 50-day moving average is $1,775.08 and its two-hundred day moving average is $1,860.71. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market capitalization of $4.68 billion, a P/E ratio of 20.20 and a beta of 0.36. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00.

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report 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.