White Mountains Insurance Group, Ltd. $WTM Stock Holdings Lifted by Cooke & Bieler LP

Cooke & Bieler LP increased its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 2.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 87,203 shares of the insurance provider’s stock after acquiring an additional 2,083 shares during the period. White Mountains Insurance Group makes up approximately 2.6% of Cooke & Bieler LP’s holdings, making the stock its 5th largest holding. Cooke & Bieler LP owned about 3.65% of White Mountains Insurance Group worth $174,972,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of White Mountains Insurance Group in the second quarter worth about $244,393,000. Wallace Capital Management Inc. bought a new position in shares of White Mountains Insurance Group during the second quarter worth about $166,010,000. Reinhart Partners LLC. grew its stake in White Mountains Insurance Group by 19.0% in the second quarter. Reinhart Partners LLC. now owns 44,480 shares of the insurance provider’s stock worth $92,265,000 after purchasing an additional 7,106 shares in the last quarter. Bank of America Corp DE acquired a new stake in White Mountains Insurance Group during the second quarter valued at approximately $51,893,000. Finally, Boussard & Gavaudan Gestion Sas acquired a new position in shares of White Mountains Insurance Group in the 2nd quarter worth approximately $24,460,000. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Performance

Shares of NYSE WTM opened at $2,208.41 on Thursday. White Mountains Insurance Group, Ltd. has a 52-week low of $1,863.59 and a 52-week high of $2,333.00. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 5.03 and a beta of 0.28. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.15. The stock’s fifty day simple moving average is $2,087.44 and its 200 day simple moving average is $2,123.76.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Weiss Ratings upgraded White Mountains Insurance Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Wall Street Zen cut White Mountains Insurance Group from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based holding company that owns and manages businesses in the property and casualty insurance, reinsurance, insurance services and asset management sectors. Rather than operating as a single traditional insurer, the company invests in and supports a portfolio of specialty businesses.

Its insurance-related operations have included specialty insurance and reinsurance platforms serving commercial and personal lines, program administrators, and municipal bond insurance.