Oddo BHF Asset Management Sas Makes New $1.61 Million Investment in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Oddo BHF Asset Management Sas purchased a new stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 947 shares of the insurance provider’s stock, valued at approximately $1,606,000.

A number of other institutional investors have also modified their holdings of WTM. UMB Bank n.a. lifted its position in 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 valued at $47,000 after acquiring an additional 8 shares during the last quarter. Family Firm Inc. acquired a new stake in shares of White Mountains Insurance Group in the 2nd quarter worth $82,000. GAMMA Investing LLC grew its stake in White Mountains Insurance Group by 104.2% during the 3rd 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 acquired a new position in White Mountains Insurance Group during the 2nd quarter valued at about $93,000. Finally, Blue Trust Inc. raised its stake in White Mountains Insurance Group by 71.0% in the second quarter. Blue Trust Inc. now owns 53 shares of the insurance provider’s stock valued at $95,000 after buying an additional 22 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Price Performance

Shares of WTM stock opened at $1,954.60 on Friday. White Mountains Insurance Group, Ltd. has a fifty-two week low of $1,401.01 and a fifty-two week high of $2,023.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 7.74 and a beta of 0.45. The stock’s 50-day simple moving average is $1,894.77 and its 200-day simple moving average is $1,802.21.

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.