Frank Rimerman Advisors LLC Purchases Shares of 177 White Mountains Insurance Group, Ltd. (NYSE:WTM)

Frank Rimerman Advisors LLC acquired a new stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 177 shares of the insurance provider’s stock, valued at approximately $322,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WTM. UMB Bank n.a. increased its holdings in White Mountains Insurance Group by 53.8% during the 1st quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock worth $36,000 after purchasing an additional 7 shares during the period. Equitable Trust Co. increased its stake in shares of White Mountains Insurance Group by 3.2% during the first quarter. Equitable Trust Co. now owns 223 shares of the insurance provider’s stock worth $400,000 after buying an additional 7 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in White Mountains Insurance Group by 0.7% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,038 shares of the insurance provider’s stock valued at $1,862,000 after acquiring an additional 7 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in White Mountains Insurance Group by 0.7% in the second quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock worth $1,816,000 after acquiring an additional 7 shares during the last quarter. Finally, Hexagon Capital Partners LLC grew its holdings in 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 acquiring an additional 10 shares in the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Trading Down 1.0 %

Shares of NYSE:WTM opened at $1,713.95 on Wednesday. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $1,899.21. The company’s 50 day moving average is $1,751.15 and its two-hundred day moving average is $1,760.97. The company has a market cap of $4.40 billion, a PE ratio of 7.75 and a beta of 0.44. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11.

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

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.