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White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

White Mountains Insurance Group logo with Finance background

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 32.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,104 shares of the insurance provider's stock after buying an additional 2,464 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.39% of White Mountains Insurance Group worth $19,653,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in White Mountains Insurance Group by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 251,739 shares of the insurance provider's stock valued at $489,647,000 after buying an additional 956 shares during the last quarter. Boston Partners raised its stake in White Mountains Insurance Group by 0.4% in the fourth quarter. Boston Partners now owns 85,445 shares of the insurance provider's stock valued at $165,820,000 after buying an additional 348 shares during the last quarter. Cooke & Bieler LP purchased a new stake in White Mountains Insurance Group in the fourth quarter valued at about $66,268,000. Lord Abbett & CO. LLC raised its stake in White Mountains Insurance Group by 0.3% in the fourth quarter. Lord Abbett & CO. LLC now owns 33,116 shares of the insurance provider's stock valued at $64,413,000 after buying an additional 104 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in White Mountains Insurance Group in the fourth quarter valued at about $63,160,000. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Trading Up 0.1%

White Mountains Insurance Group stock traded up $0.89 during trading on Friday, reaching $1,787.08. 21,383 shares of the company were exchanged, compared to its average volume of 13,978. The stock's 50 day simple moving average is $1,786.40 and its two-hundred day simple moving average is $1,865.15. 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 $4.60 billion, a P/E ratio of 19.86 and a beta of 0.34. White Mountains Insurance Group, Ltd. has a 52-week low of $1,666.22 and a 52-week high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last issued 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 net margin of 10.29% and a return on equity of 10.56%. The firm had revenue of $472.20 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th.

Check Out Our Latest Stock Report on White Mountains Insurance Group

White Mountains Insurance Group Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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