Strs Ohio Takes $2.21 Million Position in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Strs Ohio has acquired a new position in White Mountains Insurance Group, investing approximately $2.21 million by purchasing 1,145 shares in the first quarter.
• Multiple institutional investors have increased their stakes in White Mountains Insurance Group, with 88.65% of the company's stock now owned by institutional investors and hedge funds.
• The company's stock opened at $1,716.27 and has a market capitalization of $4.43 billion, with price performance ranging from a low of $1,678.87 to a high of $2,023.00 over the past year.

Strs Ohio acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 1,145 shares of the insurance provider's stock, valued at approximately $2,205,000.

A number of other large investors have also made changes to their positions in WTM. GAMMA Investing LLC grew its position in shares of White Mountains Insurance Group by 276,054.7% in the first quarter. GAMMA Investing LLC now owns 146,362 shares of the insurance provider's stock valued at $281,865,000 after purchasing an additional 146,309 shares in the last quarter. Fiduciary Management Inc. WI grew its position in shares of White Mountains Insurance Group by 46.2% in the first 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 in the last quarter. Cooke & Bieler LP grew its position in shares of White Mountains Insurance Group by 60.4% in the first 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 in the last quarter. Nuveen LLC purchased a new stake in shares of White Mountains Insurance Group in the first quarter valued at approximately $14,964,000. Finally, Phocas Financial Corp. purchased a new stake in shares of White Mountains Insurance Group in the fourth quarter valued at approximately $11,091,000. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Price Performance

Shares of WTM stock traded up $19.63 during trading hours on Friday, reaching $1,773.25. The company had a trading volume of 45,923 shares, compared to its average volume of 30,306. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a fifty day moving average of $1,793.57 and a 200-day moving average of $1,796.73. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 22.21 and a beta of 0.38. 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.