Reinhart Partners LLC. Increases Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

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

A number of other hedge funds and other institutional investors also recently bought and sold shares of WTM. Huntington National Bank increased its stake in White Mountains Insurance Group by 57.1% during the 4th quarter. Huntington National Bank now owns 22 shares of the insurance provider's stock worth $43,000 after buying an additional 8 shares during the period. Whipplewood Advisors LLC grew its holdings in White Mountains Insurance Group by 866.7% in the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock valued at $56,000 after purchasing an additional 26 shares during the period. GeoWealth Management LLC lifted its position in shares of White Mountains Insurance Group by 26.9% during the fourth 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. Stonebridge Financial Group LLC bought a new stake in shares of White Mountains Insurance Group in the fourth quarter worth $117,000. Finally, Tower Research Capital LLC TRC increased its stake in White Mountains Insurance Group by 66.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 60 shares of the insurance provider's stock valued at $117,000 after purchasing an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock traded up $21.17 during trading on Friday, reaching $1,818.03. The company's stock had a trading volume of 20,360 shares, compared to its average volume of 14,168. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $4.68 billion, a P/E ratio of 20.20 and a beta of 0.36. The stock has a 50-day moving average price of $1,775.08 and a two-hundred day moving average price of $1,861.30. White Mountains Insurance Group, Ltd. has a one year low of $1,666.22 and a one year high of $2,023.00.

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 the consensus estimate of ($14.00) by ($6.50). The firm 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%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of White Mountains Insurance Group from a "sell" rating to a "hold" rating in a 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.