Eagle Bay Advisors LLC Acquires New Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Eagle Bay Advisors LLC bought a new position in White Mountains Insurance Group, Ltd. (NYSE:WTM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 53 shares of the insurance provider’s stock, valued at approximately $103,000.

A number of other institutional investors have also recently added to or reduced their stakes in WTM. River Road Asset Management LLC boosted its position in shares of White Mountains Insurance Group by 1.6% during the 3rd quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock valued at $200,501,000 after purchasing an additional 1,886 shares in the last quarter. Wallace Capital Management Inc. boosted its holdings in White Mountains Insurance Group by 1.3% during the third quarter. Wallace Capital Management Inc. now owns 82,366 shares of the insurance provider’s stock worth $139,708,000 after buying an additional 1,062 shares in the last quarter. Select Equity Group L.P. grew 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 buying an additional 9,430 shares during the last quarter. State Street Corp grew 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 buying an additional 2,714 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of 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 valued at $67,603,000 after buying an additional 273 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Trading Up 3.0 %

Shares of NYSE WTM opened at $1,883.21 on Tuesday. The business has a fifty day simple moving average of $1,931.15 and a 200-day simple moving average of $1,822.89. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 7.45 and a beta of 0.46. White Mountains Insurance Group, Ltd. has a 12 month low of $1,554.50 and a 12 month high of $2,023.00. 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 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.