Strs Ohio Invests $2.21 Million 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 bought a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,145 shares of the insurance provider's stock, valued at approximately $2,205,000.

Several other hedge funds and other institutional investors have also modified their holdings of WTM. Crossmark Global Holdings Inc. purchased a new stake in shares of White Mountains Insurance Group during the first quarter worth $233,000. Private Trust Co. NA raised its holdings in shares of White Mountains Insurance Group by 87.5% during the first quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock worth $29,000 after acquiring an additional 7 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of White Mountains Insurance Group by 6.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 173 shares of the insurance provider's stock worth $333,000 after acquiring an additional 11 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of White Mountains Insurance Group by 120.3% during the fourth quarter. Deutsche Bank AG now owns 337 shares of the insurance provider's stock worth $655,000 after acquiring an additional 184 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of White Mountains Insurance Group by 5.2% during the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock worth $33,257,000 after acquiring an additional 855 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $1,716.27 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. White Mountains Insurance Group, Ltd. has a 1 year low of $1,678.87 and a 1 year high of $2,023.00. The business has a fifty day simple moving average of $1,798.12 and a 200 day simple moving average of $1,799.07. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 21.50 and a beta of 0.38.

About White Mountains Insurance Group

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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