Park Avenue Securities LLC Purchases 42 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Park Avenue Securities LLC increased its position in White Mountains Insurance Group, Ltd. (NYSE:WTM – Get Rating) by 17.3% in the third quarter, Holdings Channel.com reports. The fund owned 285 shares of the insurance provider’s stock after acquiring an additional 42 shares during the quarter. Park Avenue Securities LLC’s holdings in White Mountains Insurance Group were worth $371,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of WTM. Select Equity Group L.P. bought a new stake in White Mountains Insurance Group during the first quarter valued at approximately $46,821,000. Victory Capital Management Inc. increased its stake in shares of White Mountains Insurance Group by 585.6% in the second quarter. Victory Capital Management Inc. now owns 30,195 shares of the insurance provider’s stock worth $37,626,000 after buying an additional 25,791 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of White Mountains Insurance Group by 88.9% in the second quarter. Goldman Sachs Group Inc. now owns 13,587 shares of the insurance provider’s stock worth $16,931,000 after buying an additional 6,396 shares during the period. Dimensional Fund Advisors LP increased its position in White Mountains Insurance Group by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 154,553 shares of the insurance provider’s stock valued at $175,605,000 after purchasing an additional 5,051 shares during the period. Finally, California Public Employees Retirement System increased its position in White Mountains Insurance Group by 69.3% during the 2nd quarter. California Public Employees Retirement System now owns 10,650 shares of the insurance provider’s stock valued at $13,271,000 after purchasing an additional 4,358 shares during the period. 87.79% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Up 3.7 %

NYSE WTM opened at $1,481.84 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $3.82 billion, a P/E ratio of 5.45 and a beta of 0.38. White Mountains Insurance Group, Ltd. has a one year low of $982.60 and a one year high of $1,482.00. The stock has a 50 day moving average price of $1,380.55 and a 200-day moving average price of $1,337.81.

White Mountains Insurance Group (NYSE:WTM – Get Rating) last issued its quarterly earnings results on Monday, November 7th. The insurance provider reported $8.50 earnings per share (EPS) for the quarter. The company had revenue of $431.20 million during the quarter. White Mountains Insurance Group had a return on equity of 0.56% and a net margin of 67.76%.

Analysts Set New Price Targets

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

Insider Transactions at White Mountains Insurance Group

In other news, CAO Michaela Hildreth sold 100 shares of the firm’s stock in a transaction on Thursday, December 22nd. The stock was sold at an average price of $1,371.84, for a total transaction of $137,184.00. Following the transaction, the chief accounting officer now owns 1,463 shares in the company, valued at $2,007,001.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.57% of the company’s stock.

White Mountains Insurance Group Profile

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White Mountains Insurance Group Ltd. engages in the acquisition of businesses and assets in the insurance, financial services, and related sectors. It operates through the following segments: HG Global/BAM, NSM, Kudu, and Other Operations. The HG Global/BAM segment refers to White Mountains’ investment in HG Global Limited, and the consolidated results of Build America Mutual Assurance Company (BAM).