200 Shares in White Mountains Insurance Group, Ltd. (NYSE:WTM) Bought by Wedbush Securities Inc.

Wedbush Securities Inc. bought a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 200 shares of the insurance provider’s stock, valued at approximately $363,000.

Several other hedge funds have also modified their holdings of WTM. Hexagon Capital Partners LLC raised its stake in shares of White Mountains Insurance Group by 250.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock worth $25,000 after buying an additional 10 shares during the period. Fidelis Capital Partners LLC purchased a new stake in White Mountains Insurance Group in the 1st quarter worth $34,000. UMB Bank n.a. raised its position in White Mountains Insurance Group by 53.8% during the first quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 7 shares during the period. Family Firm Inc. purchased a new position in White Mountains Insurance Group during the second quarter valued at $82,000. Finally, Blue Trust Inc. grew its position in shares of 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 purchasing an additional 22 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

NYSE WTM opened at $1,725.49 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.83 and a quick ratio of 0.83. White Mountains Insurance Group, Ltd. has a 1-year low of $1,401.01 and a 1-year high of $1,899.21. The company has a market cap of $4.43 billion, a PE ratio of 7.81 and a beta of 0.44. The stock’s 50 day simple moving average is $1,753.97 and its 200-day simple moving average is $1,763.30.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share (EPS) for the quarter. The company had revenue of $455.60 million during the quarter. White Mountains Insurance Group had a net margin of 21.40% and a return on equity of 7.62%.

White Mountains Insurance Group Company 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.