Summit Trail Advisors LLC Purchases 64 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Summit Trail Advisors LLC grew its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 28.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 292 shares of the insurance provider’s stock after acquiring an additional 64 shares during the quarter. Summit Trail Advisors LLC’s holdings in White Mountains Insurance Group were worth $568,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc lifted its position in White Mountains Insurance Group by 90.0% during the fourth quarter. Versant Capital Management Inc now owns 19 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 9 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of White Mountains Insurance Group during the fourth quarter worth $37,000. UMB Bank n.a. lifted its holdings in shares of White Mountains Insurance Group by 40.0% during 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. GAMMA Investing LLC lifted its holdings in shares of White Mountains Insurance Group by 104.2% during the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after purchasing an additional 25 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of White Mountains Insurance Group in the 4th quarter worth $103,000. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of White Mountains Insurance Group stock opened at $1,879.08 on Wednesday. The company has a 50 day moving average price of $1,916.88 and a 200 day moving average price of $1,847.96. The firm has a market capitalization of $4.83 billion, a P/E ratio of 7.44 and a beta of 0.45. 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, Ltd. has a 52 week low of $1,630.00 and a 52 week high of $2,023.00.

White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Friday, February 7th. The insurance provider reported $12.44 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a net margin of 24.72% and a return on equity of 11.57%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut White Mountains Insurance Group from a “hold” rating to a “sell” rating in a research note on Monday.

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.