Reinhart Partners LLC. Has $74.44 Million Stock Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Reinhart Partners LLC. cut its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,272 shares of the insurance provider’s stock after selling 1,097 shares during the quarter. White Mountains Insurance Group comprises approximately 2.8% of Reinhart Partners LLC.’s portfolio, making the stock its 8th biggest position. Reinhart Partners LLC. owned approximately 1.49% of White Mountains Insurance Group worth $74,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. River Road Asset Management LLC increased its holdings in shares of White Mountains Insurance Group by 1.6% during the third quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock valued at $200,501,000 after acquiring an additional 1,886 shares in the last quarter. Wallace Capital Management Inc. boosted its position in White Mountains Insurance Group by 1.3% in the third quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock worth $139,708,000 after purchasing an additional 1,062 shares during the last quarter. Select Equity Group L.P. boosted its position in White Mountains Insurance Group by 18.9% in the second quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider’s stock worth $107,886,000 after purchasing an additional 9,430 shares during the last quarter. State Street Corp boosted its position in White Mountains Insurance Group by 5.2% in the third quarter. State Street Corp now owns 54,877 shares of the insurance provider’s stock worth $93,082,000 after purchasing an additional 2,714 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in White Mountains Insurance Group by 0.7% in the third quarter. Geode Capital Management LLC now owns 39,844 shares of the insurance provider’s stock worth $67,603,000 after purchasing an additional 273 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors.

White Mountains Insurance Group Stock Performance

NYSE:WTM traded up $37.26 on Monday, hitting $1,865.22. The stock had a trading volume of 12,245 shares, compared to its average volume of 14,771. The business’s 50-day simple moving average is $1,931.15 and its two-hundred day simple moving average is $1,822.89. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 52-week low of $1,554.50 and a 52-week high of $2,023.00. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 7.38 and a beta of 0.46.

White Mountains Insurance Group 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.