White Mountains Insurance Group, Ltd. (NYSE:WTM) is Reinhart Partners LLC.'s 9th Largest Position

Reinhart Partners LLC. raised its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 11.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 42,478 shares of the insurance provider's stock after acquiring an additional 4,206 shares during the quarter. White Mountains Insurance Group accounts for about 3.0% of Reinhart Partners LLC.'s holdings, making the stock its 9th biggest position. Reinhart Partners LLC. owned about 1.67% of White Mountains Insurance Group worth $81,804,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WTM. GAMMA Investing LLC raised its stake 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 worth $281,865,000 after buying an additional 146,309 shares during the last quarter. Cooke & Bieler LP purchased a new stake in White Mountains Insurance Group during the 4th quarter worth about $66,268,000. Raymond James Financial Inc. purchased a new stake in White Mountains Insurance Group during the 4th quarter worth about $63,160,000. Norges Bank purchased a new stake in White Mountains Insurance Group during the 4th quarter worth about $59,661,000. Finally, Proficio Capital Partners LLC purchased a new stake in White Mountains Insurance Group during the 4th quarter worth about $45,407,000. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

White Mountains Insurance Group stock traded up $0.33 during midday trading on Tuesday, reaching $1,787.43. 35,224 shares of the company were exchanged, compared to its average volume of 14,338. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 19.86 and a beta of 0.36. The firm's 50-day simple moving average is $1,772.54 and its 200-day simple moving average is $1,858.05. White Mountains Insurance Group, Ltd. has a 1 year low of $1,666.22 and a 1 year high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76.

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) EPS for the quarter, missing analysts' consensus estimates of ($14.00) by ($6.50). The company had revenue of $472.20 million for the quarter. White Mountains Insurance Group had a return on equity of 10.56% and a net margin of 10.29%.

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.

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.