Boston Partners Decreases Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE: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 holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 0.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,236 shares of the insurance provider's stock after selling 209 shares during the period. Boston Partners owned approximately 3.31% of White Mountains Insurance Group worth $163,263,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Private Trust Co. NA lifted its holdings in shares of White Mountains Insurance Group by 87.5% during the 1st quarter. Private Trust Co. NA now owns 15 shares of the insurance provider's stock valued at $29,000 after buying an additional 7 shares during the period. Whipplewood Advisors LLC lifted 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 acquiring an additional 26 shares during the period. GeoWealth Management LLC boosted its position in White Mountains Insurance Group by 26.9% in 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 during the last quarter. First Horizon Advisors Inc. boosted its position in White Mountains Insurance Group by 36.1% in the first quarter. First Horizon Advisors Inc. now owns 49 shares of the insurance provider's stock worth $94,000 after purchasing an additional 13 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of White Mountains Insurance Group by 66.7% during the 4th 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 period. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Performance

WTM traded down $78.73 during trading on Friday, hitting $1,765.61. The company's stock had a trading volume of 41,911 shares, compared to its average volume of 22,457. The business's 50 day simple moving average is $1,785.03 and its 200-day simple moving average is $1,810.35. The firm has a market cap of $4.56 billion, a PE ratio of 22.11 and a beta of 0.37. White Mountains Insurance Group, Ltd. has a one year low of $1,678.87 and a one year high of $2,023.00. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.13.

Wall Street Analyst Weigh In

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