Parsons Capital Management Inc. RI raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM – Free Report) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,523 shares of the insurance provider’s stock after purchasing an additional 10 shares during the period. Parsons Capital Management Inc. RI’s holdings in White Mountains Insurance Group were worth $2,962,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of WTM. AQR Capital Management LLC increased its position in shares of White Mountains Insurance Group by 14.2% in the 2nd quarter. AQR Capital Management LLC now owns 10,448 shares of the insurance provider’s stock worth $18,535,000 after purchasing an additional 1,296 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of White Mountains Insurance Group by 3.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 530 shares of the insurance provider’s stock valued at $963,000 after buying an additional 17 shares during the last quarter. Algert Global LLC grew its position in shares of White Mountains Insurance Group by 47.6% during the 2nd quarter. Algert Global LLC now owns 800 shares of the insurance provider’s stock valued at $1,454,000 after buying an additional 258 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in shares of White Mountains Insurance Group during the 2nd quarter valued at about $245,000. Finally, Creative Planning grew its position in shares of White Mountains Insurance Group by 2.0% during the 2nd quarter. Creative Planning now owns 2,374 shares of the insurance provider’s stock valued at $4,315,000 after buying an additional 46 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.
White Mountains Insurance Group Trading Up 1.6 %
White Mountains Insurance Group stock opened at $1,910.30 on Monday. 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 50-day moving average price of $1,929.56 and a two-hundred day moving average price of $1,831.30. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 7.43 and a beta of 0.46. White Mountains Insurance Group, Ltd. has a 52-week low of $1,554.50 and a 52-week high of $2,023.00.
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.
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