Stonebridge Financial Group LLC Takes Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Stonebridge Financial Group LLC bought a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 60 shares of the insurance provider’s stock, valued at approximately $117,000.

A number of other hedge funds have also made changes to their positions in WTM. Versant Capital Management Inc grew its stake in White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock worth $37,000 after buying an additional 9 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group in the 4th quarter worth approximately $37,000. Eagle Bay Advisors LLC bought a new stake in White Mountains Insurance Group during the 4th quarter worth approximately $103,000. KBC Group NV increased its holdings in White Mountains Insurance Group by 21.9% during the 3rd quarter. KBC Group NV now owns 78 shares of the insurance provider’s stock valued at $132,000 after purchasing an additional 14 shares in the last quarter. Finally, Eastern Bank acquired a new stake in White Mountains Insurance Group during the 3rd quarter valued at $170,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 2.2 %

Shares of NYSE:WTM opened at $1,836.49 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $4.72 billion, a P/E ratio of 7.27 and a beta of 0.45. White Mountains Insurance Group, Ltd. has a 12 month low of $1,650.00 and a 12 month high of $2,023.00. The company’s 50-day moving average price is $1,913.83 and its two-hundred day moving average price is $1,847.88.

White Mountains Insurance Group (NYSE:WTM) last issued its quarterly 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 24.72% and a return on equity of 11.57%.

Wall Street Analyst Weigh In

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

White Mountains Insurance Group Company 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.