White Mountains Insurance Group (NYSE:WTM) Hits New 1-Year Low - What's Next?

Key Points

• White Mountains Insurance Group's share price fell to a new 52-week low of $1,671.91, closing at $1,681.68 with a trading volume of 14,086 shares.
• The company has a market capitalization of $4.34 billion and a price-to-earnings ratio of 21.03.
• Recent activity from institutional investors includes significant stakes increases, with notable increases of 32.0% by Two Sigma Investments LP and 866.7% by Whipplewood Advisors LLC.

White Mountains Insurance Group, Ltd. (NYSE:WTM - )'s share price reached a new 52-week low on Monday . The stock traded as low as $1,671.91 and last traded at $1,681.68, with a volume of 14086 shares changing hands. The stock had previously closed at $1,715.94.

White Mountains Insurance Group Trading Down 2.0%

The company's 50 day simple moving average is $1,786.88 and its 200 day simple moving average is $1,791.34. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 21.03 and a beta of 0.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

Institutional Investors Weigh In On White Mountains Insurance Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Two Sigma Investments LP increased its stake in shares of White Mountains Insurance Group by 32.0% during the fourth quarter. Two Sigma Investments LP now owns 470 shares of the insurance provider's stock worth $914,000 after acquiring an additional 114 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth about $420,000. Versant Capital Management Inc increased its stake in shares of White Mountains Insurance Group by 378.9% during the first quarter. Versant Capital Management Inc now owns 91 shares of the insurance provider's stock worth $175,000 after acquiring an additional 72 shares during the period. Whipplewood Advisors LLC increased its stake in shares of White Mountains Insurance Group by 866.7% during the first quarter. Whipplewood Advisors LLC now owns 29 shares of the insurance provider's stock worth $56,000 after acquiring an additional 26 shares during the period. Finally, Sendero Wealth Management LLC increased its stake in shares of White Mountains Insurance Group by 79.1% during the first quarter. Sendero Wealth Management LLC now owns 419 shares of the insurance provider's stock worth $807,000 after acquiring an additional 185 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

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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