MML Investors Services LLC Raises Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

MML Investors Services LLC increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 11.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,062 shares of the insurance provider’s stock after buying an additional 205 shares during the quarter. MML Investors Services LLC’s holdings in White Mountains Insurance Group were worth $3,497,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in shares of White Mountains Insurance Group by 40.0% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after buying an additional 8 shares during the last quarter. Family Firm Inc. purchased a new position in shares of White Mountains Insurance Group during the second quarter worth about $82,000. GAMMA Investing LLC grew its holdings in shares of White Mountains Insurance Group by 104.2% during the third quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after buying an additional 25 shares during the last quarter. Quarry LP purchased a new position in shares of White Mountains Insurance Group during the second quarter worth about $93,000. Finally, Blue Trust Inc. grew its holdings in shares of White Mountains Insurance Group by 71.0% during the second quarter. Blue Trust Inc. now owns 53 shares of the insurance provider’s stock worth $95,000 after buying an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $1,954.60 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $2,023.00. The business’s 50-day moving average price is $1,894.77 and its 200 day moving average price is $1,802.82. The firm has a market cap of $5.02 billion, a P/E ratio of 7.74 and a beta of 0.45.

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.