Allspring Global Investments Holdings LLC Sells 230 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Allspring Global Investments Holdings LLC lessened its stake in White Mountains Insurance Group, Ltd. (NYSE:WTMGet Rating) by 32.4% during the third quarter, HoldingsChannel reports. The firm owned 479 shares of the insurance provider’s stock after selling 230 shares during the period. Allspring Global Investments Holdings LLC’s holdings in White Mountains Insurance Group were worth $623,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. First Republic Investment Management Inc. raised its holdings in White Mountains Insurance Group by 0.5% during the 1st quarter. First Republic Investment Management Inc. now owns 2,027 shares of the insurance provider’s stock valued at $2,303,000 after acquiring an additional 10 shares during the period. Captrust Financial Advisors raised its holdings in White Mountains Insurance Group by 1.6% during the 1st quarter. Captrust Financial Advisors now owns 695 shares of the insurance provider’s stock valued at $790,000 after acquiring an additional 11 shares during the period. Exchange Traded Concepts LLC increased its holdings in shares of White Mountains Insurance Group by 109.1% in the third quarter. Exchange Traded Concepts LLC now owns 23 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 12 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of White Mountains Insurance Group by 3.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 371 shares of the insurance provider’s stock worth $483,000 after purchasing an additional 13 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in shares of White Mountains Insurance Group by 4.9% in the second quarter. Principal Financial Group Inc. now owns 297 shares of the insurance provider’s stock worth $370,000 after purchasing an additional 14 shares during the period. Institutional investors own 87.79% of the company’s stock.

White Mountains Insurance Group Stock Up 1.2 %

Shares of NYSE:WTM opened at $1,499.89 on Tuesday. White Mountains Insurance Group, Ltd. has a 52-week low of $982.60 and a 52-week high of $1,508.97. The firm has a fifty day moving average of $1,384.52 and a 200 day moving average of $1,339.55. The firm has a market capitalization of $3.86 billion, a PE ratio of 5.51 and a beta of 0.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.97 and a current ratio of 0.97.

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

Insider Buying and Selling

In related news, CAO Michaela Hildreth sold 100 shares of the company’s stock in a transaction on Thursday, December 22nd. The shares were sold at an average price of $1,371.84, for a total value of $137,184.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,463 shares in the company, valued at $2,007,001.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.57% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WTM. TheStreet raised shares of White Mountains Insurance Group from a “c” rating to a “b-” rating in a report on Tuesday, November 15th. StockNews.com cut shares of White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Friday, November 11th.

White Mountains Insurance Group Profile

(Get Rating)

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).

Featured Articles

Want to see what other hedge funds are holding WTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for White Mountains Insurance Group, Ltd. (NYSE:WTMGet Rating).

Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

Receive News & Ratings for White Mountains Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Mountains Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.