Fenimore Asset Management Inc. Sells 47 Shares of White Mountains Insurance Group Ltd (NYSE:WTM)

Fenimore Asset Management Inc. lessened its stake in White Mountains Insurance Group Ltd (NYSE:WTM) by 0.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 22,251 shares of the insurance provider’s stock after selling 47 shares during the quarter. Fenimore Asset Management Inc. owned 0.70% of White Mountains Insurance Group worth $22,729,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. NN Investment Partners Holdings N.V. purchased a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at about $109,000. Campbell & CO Investment Adviser LLC lifted its stake in White Mountains Insurance Group by 33.5% during the second quarter. Campbell & CO Investment Adviser LLC now owns 303 shares of the insurance provider’s stock worth $310,000 after purchasing an additional 76 shares during the last quarter. Neville Rodie & Shaw Inc. purchased a new stake in White Mountains Insurance Group during the second quarter worth approximately $204,000. MARSHALL WACE ASIA Ltd purchased a new stake in White Mountains Insurance Group during the first quarter worth approximately $31,000. Finally, Alphasimplex Group LLC purchased a new stake in White Mountains Insurance Group during the first quarter worth approximately $1,444,000. Institutional investors and hedge funds own 87.12% of the company’s stock.

In other news, insider Jess Brian Palmer sold 431 shares of the stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $1,016.57, for a total value of $438,141.67. Following the completion of the sale, the insider now owns 1,620 shares in the company, valued at $1,646,843.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lowndes Andrew Smith sold 1,000 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $1,086.21, for a total value of $1,086,210.00. Following the completion of the sale, the director now owns 2,023 shares of the company’s stock, valued at approximately $2,197,402.83. The disclosure for this sale can be found here. Insiders sold 2,931 shares of company stock worth $3,072,792 in the last three months. 2.50% of the stock is owned by corporate insiders.

NYSE:WTM opened at $1,066.12 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.39 and a quick ratio of 1.39. White Mountains Insurance Group Ltd has a 12-month low of $832.88 and a 12-month high of $1,104.14. The stock’s 50 day simple moving average is $1,057.46 and its 200-day simple moving average is $972.43.

Separately, TheStreet upgraded White Mountains Insurance Group from a “c” rating to a “b” rating in a research note on Monday, May 13th.

White Mountains Insurance Group Profile

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurances services in the United States. The company operates through four segments: HG Global/BAM, NSM, MediaAlpha and Other Operations. 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.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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