Harbor Capital Advisors Inc. Purchases 880 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Harbor Capital Advisors Inc. lifted its position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 282.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,192 shares of the insurance provider’s stock after acquiring an additional 880 shares during the period. Harbor Capital Advisors Inc.’s holdings in White Mountains Insurance Group were worth $2,166,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Equitable Trust Co. raised its holdings in shares of White Mountains Insurance Group by 3.2% during the first quarter. Equitable Trust Co. now owns 223 shares of the insurance provider’s stock valued at $400,000 after purchasing an additional 7 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of White Mountains Insurance Group by 53.8% during the 1st quarter. UMB Bank n.a. now owns 20 shares of the insurance provider’s stock valued at $36,000 after buying an additional 7 shares during the period. O Shaughnessy Asset Management LLC boosted 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 worth $1,862,000 after buying an additional 7 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of White Mountains Insurance Group by 38.1% in the fourth quarter. Blue Trust Inc. now owns 29 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 8 shares during the period. Finally, Summit Trail Advisors LLC increased its position in White Mountains Insurance Group by 6.2% during the fourth quarter. Summit Trail Advisors LLC now owns 171 shares of the insurance provider’s stock valued at $257,000 after acquiring an additional 10 shares during the last quarter. 88.65% of the stock is currently owned by hedge funds and other institutional investors.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM traded up $18.95 during trading on Wednesday, hitting $1,772.42. The company had a trading volume of 5,476 shares, compared to its average volume of 10,840. White Mountains Insurance Group, Ltd. has a 12 month low of $1,401.01 and a 12 month high of $1,899.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $4.55 billion, a P/E ratio of 8.02 and a beta of 0.44. The stock has a 50 day simple moving average of $1,757.77 and a 200 day simple moving average of $1,745.71.

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

Analyst Upgrades and Downgrades

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

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.