Quantinno Capital Management LP Buys 2,513 Shares of White Mountains Insurance Group, Ltd. $WTM

Quantinno Capital Management LP grew its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 34.6% in the first quarter, HoldingsChannel.com reports. The firm owned 9,784 shares of the insurance provider’s stock after buying an additional 2,513 shares during the quarter. Quantinno Capital Management LP’s holdings in White Mountains Insurance Group were worth $21,495,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. NewEdge Wealth LLC raised its holdings in White Mountains Insurance Group by 4.3% during the 4th quarter. NewEdge Wealth LLC now owns 122 shares of the insurance provider’s stock valued at $254,000 after buying an additional 5 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in White Mountains Insurance Group by 10.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 55 shares of the insurance provider’s stock worth $114,000 after acquiring an additional 5 shares during the last quarter. Wedbush Securities Inc. grew its holdings in White Mountains Insurance Group by 2.2% in the 4th quarter. Wedbush Securities Inc. now owns 229 shares of the insurance provider’s stock worth $476,000 after acquiring an additional 5 shares during the last quarter. Clearstead Advisors LLC increased its position in shares of White Mountains Insurance Group by 19.4% in the fourth quarter. Clearstead Advisors LLC now owns 37 shares of the insurance provider’s stock valued at $77,000 after acquiring an additional 6 shares during the period. Finally, Bank of Nova Scotia increased its position in shares of White Mountains Insurance Group by 3.1% in the third quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider’s stock valued at $338,000 after acquiring an additional 6 shares during the period. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $2,101.60 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.14. The firm’s fifty day simple moving average is $2,103.01 and its 200 day simple moving average is $2,147.86. The stock has a market cap of $5.21 billion, a P/E ratio of 5.17 and a beta of 0.29. White Mountains Insurance Group, Ltd. has a twelve month low of $1,648.00 and a twelve month high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM) last posted its earnings results on Wednesday, May 6th. The insurance provider reported ($12.59) EPS for the quarter, missing the consensus estimate of ($4.00) by ($8.59). White Mountains Insurance Group had a return on equity of 9.19% and a net margin of 28.44%.The company had revenue of $517.80 million during the quarter, compared to analysts’ expectations of $515.40 million. As a group, research analysts predict that White Mountains Insurance Group, Ltd. will post 134 EPS for the current year.

Wall Street Analyst Weigh In

WTM has been the subject of a number of analyst reports. Zacks Research upgraded shares of White Mountains Insurance Group to a “hold” rating in a report on Wednesday, May 27th. Wall Street Zen downgraded White Mountains Insurance Group from a “hold” rating to a “sell” rating in a report on Sunday. Finally, Weiss Ratings lowered White Mountains Insurance Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

White Mountains Insurance Group Company Profile

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange (NYSE: WTM), White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.