Pictet Asset Management SA Has $212,000 Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Pictet Asset Management SA lowered its holdings in White Mountains Insurance Group, Ltd. (NYSE:WTMGet Rating) by 10.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 170 shares of the insurance provider’s stock after selling 20 shares during the quarter. Pictet Asset Management SA’s holdings in White Mountains Insurance Group were worth $212,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of WTM. First Horizon Advisors Inc. acquired a new position in White Mountains Insurance Group in the second quarter worth $30,000. Sageworth Trust Co of South Dakota raised its position in shares of White Mountains Insurance Group by 100.0% during the second quarter. Sageworth Trust Co of South Dakota now owns 42 shares of the insurance provider’s stock worth $52,000 after acquiring an additional 21 shares during the last quarter. Quent Capital LLC raised its position in shares of White Mountains Insurance Group by 26.8% during the first quarter. Quent Capital LLC now owns 52 shares of the insurance provider’s stock worth $59,000 after acquiring an additional 11 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of White Mountains Insurance Group during the first quarter worth $70,000. Finally, US Bancorp DE raised its position in shares of White Mountains Insurance Group by 29.1% during the first quarter. US Bancorp DE now owns 133 shares of the insurance provider’s stock worth $151,000 after acquiring an additional 30 shares during the last quarter. Institutional investors and hedge funds own 91.36% of the company’s stock.

Wall Street Analyst Weigh In

WTM has been the subject of a number of recent research reports. TheStreet upgraded White Mountains Insurance Group from a “c” rating to a “b-” rating in a research report on Tuesday, November 15th. StockNews.com downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research report on Friday, November 11th.

White Mountains Insurance Group Trading Down 0.9 %

NYSE WTM opened at $1,393.45 on Thursday. The stock has a 50-day simple moving average of $1,340.54 and a 200 day simple moving average of $1,288.60. The company has a market capitalization of $3.59 billion, a PE ratio of 5.12 and a beta of 0.42. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.16. White Mountains Insurance Group, Ltd. has a 12 month low of $978.51 and a 12 month high of $1,420.46.

Insider Activity at White Mountains Insurance Group

In related news, Director Peter M. Carlson sold 200 shares of the company’s stock in a transaction dated Tuesday, September 20th. The stock was sold at an average price of $1,400.00, for a total value of $280,000.00. Following the completion of the sale, the director now owns 788 shares in the company, valued at $1,103,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.57% of the stock is currently owned by corporate insiders.

About White Mountains Insurance Group

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White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. 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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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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