White Mountains Insurance Group, Ltd. $WTM Shares Bought by Forum Financial Management LP

Forum Financial Management LP grew its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 21.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,016 shares of the insurance provider's stock after buying an additional 353 shares during the period. Forum Financial Management LP owned 0.08% of White Mountains Insurance Group worth $3,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA raised its holdings in shares of White Mountains Insurance Group by 87.5% during 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 last quarter. Fifth Third Bancorp raised its holdings in shares of White Mountains Insurance Group by 183.3% during the second quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider's stock valued at $31,000 after buying an additional 11 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of White Mountains Insurance Group by 325.0% during the first quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider's stock valued at $33,000 after buying an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of White Mountains Insurance Group by 90.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider's stock valued at $40,000 after buying an additional 10 shares during the last quarter. Finally, Steph & Co. bought a new stake in shares of White Mountains Insurance Group during the second quarter valued at approximately $47,000. Institutional investors own 88.65% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, White Mountains Insurance Group has an average rating of "Buy".

White Mountains Insurance Group Price Performance

Shares of NYSE:WTM opened at $1,904.56 on Thursday. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 23.85 and a beta of 0.31. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,023.00. The stock's 50 day moving average price is $1,807.91 and its 200 day moving average price is $1,788.37. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

About White Mountains Insurance Group

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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