SG Americas Securities LLC Decreases Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

SG Americas Securities LLC lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 53.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 689 shares of the insurance provider's stock after selling 787 shares during the period. SG Americas Securities LLC's holdings in White Mountains Insurance Group were worth $1,327,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Huntington National Bank grew its position in shares of White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 8 shares during the period. Whipplewood Advisors LLC lifted its stake in 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 in the last quarter. GeoWealth Management LLC lifted its stake in 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 purchasing an additional 7 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of White Mountains Insurance Group by 66.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock valued at $117,000 after buying an additional 24 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of White Mountains Insurance Group by 43.4% during the 1st quarter. GAMMA Investing LLC now owns 76 shares of the insurance provider's stock valued at $146,000 after buying an additional 23 shares in the last quarter. Institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

White Mountains Insurance Group stock opened at $1,763.45 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.76 and a quick ratio of 0.76. 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 $4.54 billion, a P/E ratio of 19.60 and a beta of 0.36. The company's 50-day moving average is $1,776.10 and its 200 day moving average is $1,850.14.

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 Ratings Changes

Separately, Wall Street Zen raised 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 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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