White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Purchased by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 282.1% during the second quarter, Holdings Channel reports. The firm owned 1,192 shares of the insurance provider’s stock after purchasing an additional 880 shares during the period. Harbor Capital Advisors Inc.’s holdings in White Mountains Insurance Group were worth $2,166,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in WTM. Equitable Trust Co. boosted its holdings in White Mountains Insurance Group by 3.2% in the first quarter. Equitable Trust Co. now owns 223 shares of the insurance provider’s stock valued at $400,000 after acquiring an additional 7 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of White Mountains Insurance Group by 53.8% in 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. O Shaughnessy Asset Management LLC lifted its stake in shares of White Mountains Insurance Group by 0.7% in 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 purchasing an additional 7 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of White Mountains Insurance Group by 38.1% in the 4th quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 8 shares in the last quarter. Finally, Summit Trail Advisors LLC grew its holdings in shares of White Mountains Insurance Group by 6.2% during the 4th quarter. Summit Trail Advisors LLC now owns 171 shares of the insurance provider’s stock worth $257,000 after purchasing an additional 10 shares during the period. 88.65% of the stock is owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Up 1.1 %

WTM stock traded up $18.95 during mid-day trading on Wednesday, hitting $1,772.42. 5,476 shares of the company were exchanged, compared to its average volume of 10,840. The firm has a fifty day simple moving average of $1,757.77 and a 200 day simple moving average of $1,745.71. The company has a market capitalization of $4.55 billion, a PE ratio of 8.02 and a beta of 0.44. White Mountains Insurance Group, Ltd. has a twelve month low of $1,401.01 and a twelve month high of $1,899.21. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.11.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Thursday, May 9th. The insurance provider reported $86.04 earnings per share (EPS) for the quarter. White Mountains Insurance Group had a return on equity of 8.34% and a net margin of 24.81%. The company had revenue of $394.90 million for the quarter.

Analyst Ratings Changes

Separately, StockNews.com downgraded White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 13th.

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.