Fuller & Thaler Asset Management Inc. Sells 3,985 Shares of White Mountains Insurance Group, Ltd. $WTM

Key Points

• Fuller & Thaler Asset Management Inc. sold 3.5% of its holdings in White Mountains Insurance Group, reducing its shares to 110,092, while accounting for about 0.8% of its investment portfolio.
• Wall Street analyst ratings for White Mountains Insurance Group improved from a "sell" to a "hold", indicating a more positive outlook on the stock.
• White Mountains Insurance Group's stock is currently valued at $1,765.61, with a 12-month high of $2,023.00 and a market capitalization of $4.56 billion.

Fuller & Thaler Asset Management Inc. lessened its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 3.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,092 shares of the insurance provider's stock after selling 3,985 shares during the period. White Mountains Insurance Group comprises 0.8% of Fuller & Thaler Asset Management Inc.'s holdings, making the stock its 21st largest holding. Fuller & Thaler Asset Management Inc. owned 4.28% of White Mountains Insurance Group worth $212,016,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Northern Trust Corp grew its position in shares of White Mountains Insurance Group by 0.8% during the 1st quarter. Northern Trust Corp now owns 18,222 shares of the insurance provider's stock worth $35,092,000 after purchasing an additional 151 shares in the last quarter. American Century Companies Inc. boosted its position in shares of White Mountains Insurance Group by 30.9% during the 1st quarter. American Century Companies Inc. now owns 7,036 shares of the insurance provider's stock worth $13,550,000 after acquiring an additional 1,661 shares in the last quarter. Ethic Inc. boosted its position in shares of White Mountains Insurance Group by 9.6% during the 1st quarter. Ethic Inc. now owns 591 shares of the insurance provider's stock worth $1,124,000 after acquiring an additional 52 shares in the last quarter. Nuveen LLC acquired a new stake in shares of White Mountains Insurance Group during the 1st quarter worth approximately $14,964,000. Finally, Townsquare Capital LLC boosted its position in shares of White Mountains Insurance Group by 3.5% during the 1st quarter. Townsquare Capital LLC now owns 357 shares of the insurance provider's stock worth $688,000 after acquiring an additional 12 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

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 report on Tuesday, May 13th.

White Mountains Insurance Group Price Performance

NYSE:WTM traded up $18.73 on Friday, hitting $1,860.14. The company had a trading volume of 24,089 shares, compared to its average volume of 25,223. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 23.30 and a beta of 0.37. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $1,789.71 and a two-hundred day moving average of $1,807.66. White Mountains Insurance Group, Ltd. has a 52 week low of $1,678.87 and a 52 week high of $2,023.00.

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.