Boston Partners Sells 209 Shares of White Mountains Insurance Group, Ltd. $WTM

Key Points

• Boston Partners reduced its stake in White Mountains Insurance Group by 0.2%, now owning 3.31% of the company, which is valued at approximately $163.3 million.
• Other institutional investors, including Private Trust Co. NA and Whipplewood Advisors LLC, significantly increased their holdings during the first quarter, indicating growing interest in the company.
• White Mountains Insurance Group's stock rose by 2.5%, with analysts recently upgrading their rating from "sell" to "hold" as of May 13th.

Boston Partners cut its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 0.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,236 shares of the insurance provider's stock after selling 209 shares during the quarter. Boston Partners owned about 3.31% of White Mountains Insurance Group worth $163,263,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Franklin Resources Inc. boosted its position in White Mountains Insurance Group by 18.9% during the 4th quarter. Franklin Resources Inc. now owns 421 shares of the insurance provider's stock valued at $819,000 after acquiring an additional 67 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of White Mountains Insurance Group by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 137 shares of the insurance provider's stock worth $266,000 after acquiring an additional 7 shares in the last quarter. Invesco Ltd. increased its stake in shares of White Mountains Insurance Group by 4.9% in the 4th quarter. Invesco Ltd. now owns 4,349 shares of the insurance provider's stock worth $8,459,000 after acquiring an additional 205 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in shares of White Mountains Insurance Group by 0.9% in the 4th quarter. Treasurer of the State of North Carolina now owns 1,096 shares of the insurance provider's stock worth $2,132,000 after purchasing an additional 10 shares in the last quarter. Finally, Sterling Capital Management LLC raised its position in shares of White Mountains Insurance Group by 56.8% in the 4th quarter. Sterling Capital Management LLC now owns 149 shares of the insurance provider's stock worth $290,000 after purchasing an additional 54 shares during the last quarter. 88.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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 Stock Down 0.3%

NYSE WTM traded down $5.73 during mid-day trading on Monday, reaching $1,763.87. The stock had a trading volume of 32,776 shares, compared to its average volume of 18,970. The company has a fifty day moving average price of $1,785.03 and a 200 day moving average price of $1,809.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. White Mountains Insurance Group, Ltd. has a 1 year low of $1,678.87 and a 1 year high of $2,023.00. The stock has a market cap of $4.55 billion, a PE ratio of 22.09 and a beta of 0.37.

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.