Amalgamated Bank Reduces Stock Position in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Amalgamated Bank lowered its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 69.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 134 shares of the insurance provider’s stock after selling 305 shares during the quarter. Amalgamated Bank’s holdings in White Mountains Insurance Group were worth $227,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in WTM. BNP Paribas Financial Markets boosted its holdings in White Mountains Insurance Group by 34.2% in the first quarter. BNP Paribas Financial Markets now owns 153 shares of the insurance provider’s stock worth $275,000 after purchasing an additional 39 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in White Mountains Insurance Group in the first quarter worth approximately $255,000. Sei Investments Co. boosted its holdings in White Mountains Insurance Group by 19.5% in the first quarter. Sei Investments Co. now owns 2,418 shares of the insurance provider’s stock worth $4,338,000 after purchasing an additional 395 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in White Mountains Insurance Group by 2,125.0% in the first quarter. Russell Investments Group Ltd. now owns 356 shares of the insurance provider’s stock worth $639,000 after purchasing an additional 340 shares during the last quarter. Finally, US Bancorp DE raised its position in White Mountains Insurance Group by 15.1% in the first quarter. US Bancorp DE now owns 229 shares of the insurance provider’s stock worth $411,000 after acquiring an additional 30 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 0.2 %

WTM opened at $1,918.90 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10. White Mountains Insurance Group, Ltd. has a 1-year low of $1,401.01 and a 1-year high of $1,932.81. The company has a market capitalization of $4.93 billion, a PE ratio of 7.60 and a beta of 0.43. The firm’s 50 day simple moving average is $1,794.83 and its two-hundred day simple moving average is $1,776.41.

White Mountains Insurance Group Company 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.