Renaissance Technologies LLC Has $3.64 Million Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Renaissance Technologies LLC decreased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 16.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,000 shares of the insurance provider’s stock after selling 400 shares during the period. Renaissance Technologies LLC owned 0.08% of White Mountains Insurance Group worth $3,635,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in White Mountains Insurance Group by 7.1% during the second quarter. Envestnet Asset Management Inc. now owns 15,269 shares of the insurance provider’s stock valued at $27,751,000 after purchasing an additional 1,013 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in White Mountains Insurance Group by 3.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 1,452 shares of the insurance provider’s stock valued at $2,639,000 after buying an additional 47 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in White Mountains Insurance Group by 0.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 999 shares of the insurance provider’s stock valued at $1,816,000 after buying an additional 7 shares during the last quarter. Choreo LLC acquired a new position in White Mountains Insurance Group during the 2nd quarter worth $246,000. Finally, Wedbush Securities Inc. bought a new stake in White Mountains Insurance Group during the second quarter valued at about $363,000. 88.65% of the stock is owned by institutional investors.

White Mountains Insurance Group Trading Down 0.2 %

Shares of NYSE:WTM opened at $1,701.00 on Monday. 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 has a debt-to-equity ratio of 0.11, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $4.36 billion, a P/E ratio of 7.70 and a beta of 0.44. The stock’s 50-day moving average is $1,749.35 and its 200-day moving average is $1,760.28.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share (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.