State of New Jersey Common Pension Fund D Cuts Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

State of New Jersey Common Pension Fund D cut its holdings in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,118 shares of the insurance provider’s stock after selling 71 shares during the period. State of New Jersey Common Pension Fund D’s holdings in White Mountains Insurance Group were worth $1,896,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC increased its position in White Mountains Insurance Group by 0.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,038 shares of the insurance provider’s stock valued at $1,862,000 after buying an additional 7 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in shares of White Mountains Insurance Group by 0.7% during the second quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock valued at $1,816,000 after acquiring an additional 7 shares in the last quarter. UMB Bank n.a. raised its position in shares of White Mountains Insurance Group by 40.0% in the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $47,000 after purchasing an additional 8 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in White Mountains Insurance Group by 250.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock worth $25,000 after purchasing an additional 10 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC grew its position in White Mountains Insurance Group by 3.3% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 317 shares of the insurance provider’s stock worth $538,000 after purchasing an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Trading Down 1.1 %

NYSE WTM opened at $1,897.74 on Tuesday. The stock has a market cap of $4.87 billion, a P/E ratio of 7.51 and a beta of 0.43. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 12-month low of $1,401.01 and a 12-month high of $1,932.81. The company has a fifty day simple moving average of $1,797.64 and a two-hundred day simple moving average of $1,776.92.

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.