Winmill & CO. Inc. Makes New Investment in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Winmill & CO. Inc. acquired 4,800 shares of White Mountains Insurance Group in the second quarter, worth approximately $9.95 million. The position represents 2.2% of Winmill’s portfolio and about 0.20% of WTM’s outstanding shares.
• Institutional investors and hedge funds own 88.65% of WTM, with several firms recently initiating or increasing positions.
• WTM shares opened at $2,112.09, with a market capitalization of $5.04 billion and a low P/E ratio of 4.81. Analyst sentiment is cautiously positive, with the stock carrying a “Moderate Buy” average rating.

Winmill & CO. Inc. acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,800 shares of the insurance provider's stock, valued at approximately $9,952,000. White Mountains Insurance Group accounts for 2.2% of Winmill & CO. Inc.'s portfolio, making the stock its 20th biggest position. Winmill & CO. Inc. owned approximately 0.20% of White Mountains Insurance Group at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WTM. Torren Management LLC bought a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC boosted its holdings in shares of White Mountains Insurance Group by 100.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 14 shares of the insurance provider's stock valued at $29,000 after acquiring an additional 7 shares in the last quarter. Global Assets Advisory LLC acquired a new position in shares of White Mountains Insurance Group during the first quarter valued at approximately $33,000. Gables Capital Management Inc. bought a new stake in White Mountains Insurance Group during the second quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. raised its holdings in 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 worth $33,000 after purchasing an additional 13 shares in the last quarter. Institutional investors and hedge funds own 88.65% of the company's stock.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $2,112.09 on Monday. The firm's 50 day moving average is $2,123.50 and its 200-day moving average is $2,155.36. The stock has a market capitalization of $5.04 billion, a P/E ratio of 4.81 and a beta of 0.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.74 and a quick ratio of 0.74. White Mountains Insurance Group, Ltd. has a 12-month low of $1,648.00 and a 12-month high of $2,333.00.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded White Mountains Insurance Group from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Weiss Ratings raised White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b)" rating in a research note on Wednesday, August 12th. Finally, Zacks Research upgraded White Mountains Insurance Group to a "hold" rating in a report on Wednesday, May 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange NYSE: WTM, White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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