White Mountains Insurance Group, Ltd. $WTM Shares Acquired by Mraz Amerine & Associates Inc.

Key Points

• Mraz Amerine & Associates Inc. increased its stake in White Mountains Insurance Group by 2.6%, making it the firm's 4th largest holding with approximately $38.7 million in value.
• Institutional investors hold 88.65% of White Mountains Insurance Group, indicating strong institutional interest in the stock.
• White Mountains Insurance Group's stock recently traded at $1,863.51, with Wall Street analysts maintaining a consensus rating of "Hold."

Mraz Amerine & Associates Inc. grew its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,576 shares of the insurance provider's stock after purchasing an additional 548 shares during the quarter. White Mountains Insurance Group makes up 6.2% of Mraz Amerine & Associates Inc.'s holdings, making the stock its 4th biggest holding. Mraz Amerine & Associates Inc. owned approximately 0.84% of White Mountains Insurance Group worth $38,745,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Crossmark Global Holdings Inc. acquired a new position in shares of White Mountains Insurance Group during the first quarter worth $233,000. Private Trust Co. NA increased its stake in shares of White Mountains Insurance Group by 87.5% in the first 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. Wealth Enhancement Advisory Services LLC raised its position in shares of White Mountains Insurance Group by 6.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 173 shares of the insurance provider's stock worth $333,000 after acquiring an additional 11 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of White Mountains Insurance Group by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 17,269 shares of the insurance provider's stock worth $33,257,000 after acquiring an additional 855 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of White Mountains Insurance Group in the first quarter worth approximately $406,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Up 1.2%

NYSE WTM opened at $1,863.51 on Tuesday. The stock has a market capitalization of $4.80 billion, a P/E ratio of 23.34 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a one year low of $1,648.00 and a one year high of $2,023.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. The business has a 50 day simple moving average of $1,780.06 and a 200 day simple moving average of $1,785.10.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of White Mountains Insurance Group in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

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.

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