Phocas Financial Corp. Makes New Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Phocas Financial Corp. purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 864 shares of the insurance provider’s stock, valued at approximately $1,681,000. White Mountains Insurance Group makes up approximately 1.3% of Phocas Financial Corp.’s portfolio, making the stock its 18th biggest position.

Several other large investors have also recently modified their holdings of WTM. Versant Capital Management Inc raised its holdings in shares of White Mountains Insurance Group by 90.0% in the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares in the last quarter. Fortitude Family Office LLC acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter worth $37,000. Eagle Bay Advisors LLC acquired a new stake in shares of White Mountains Insurance Group during the fourth quarter valued at about $103,000. Stonebridge Financial Group LLC purchased a new position in White Mountains Insurance Group in the 4th quarter valued at approximately $117,000. Finally, KBC Group NV increased its stake in shares of White Mountains Insurance Group by 21.9% during the third quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock worth $132,000 after buying an additional 14 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday, February 10th.

White Mountains Insurance Group Trading Up 0.3 %

Shares of WTM opened at $1,823.82 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. White Mountains Insurance Group, Ltd. has a one year low of $1,665.71 and a one year high of $2,023.00. The stock has a 50-day moving average price of $1,893.30 and a 200 day moving average price of $1,854.37. The company has a market capitalization of $4.68 billion, a P/E ratio of 20.27 and a beta of 0.45.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share for the quarter. White Mountains Insurance Group had a net margin of 10.29% and a return on equity of 10.56%.

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.