Edgestream Partners L.P. Purchases Shares of 4,472 White Mountains Insurance Group, Ltd. (NYSE:WTM)

Edgestream Partners L.P. acquired a new position in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 4,472 shares of the insurance provider’s stock, valued at approximately $7,585,000.

Several other hedge funds and other institutional investors have also made changes to their positions in WTM. River Road Asset Management LLC raised its stake in White Mountains Insurance Group by 1.6% during the 3rd quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock valued at $200,501,000 after acquiring an additional 1,886 shares in the last quarter. Select Equity Group L.P. increased its holdings in shares of White Mountains Insurance Group by 18.9% during the second quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider’s stock valued at $107,886,000 after purchasing an additional 9,430 shares during the period. Reinhart Partners LLC. increased its holdings in shares of White Mountains Insurance Group by 3.9% during the third quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock valued at $66,778,000 after purchasing an additional 1,490 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of White Mountains Insurance Group by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 25,220 shares of the insurance provider’s stock valued at $42,778,000 after purchasing an additional 379 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in White Mountains Insurance Group by 44.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 22,555 shares of the insurance provider’s stock worth $38,258,000 after purchasing an additional 6,896 shares during the period. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Performance

Shares of WTM opened at $2,009.99 on Friday. White Mountains Insurance Group, Ltd. has a 52-week low of $1,401.01 and a 52-week high of $2,023.00. The firm has a market capitalization of $5.17 billion, a PE ratio of 7.96 and a beta of 0.43. The firm has a 50-day moving average price of $1,845.85 and a 200 day moving average price of $1,786.83. 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 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.