Creative Planning Sells 38 Shares of White Mountains Insurance Group, Ltd. (NYSE:WTM)

Creative Planning decreased its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,336 shares of the insurance provider’s stock after selling 38 shares during the quarter. Creative Planning’s holdings in White Mountains Insurance Group were worth $3,963,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in WTM. Hexagon Capital Partners LLC lifted its stake in shares of White Mountains Insurance Group by 250.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 14 shares of the insurance provider’s stock valued at $25,000 after buying an additional 10 shares in the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of White Mountains Insurance Group in the first quarter valued at about $34,000. UMB Bank n.a. boosted its stake in shares of White Mountains Insurance Group by 40.0% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $47,000 after acquiring an additional 8 shares during the period. Family Firm Inc. purchased a new stake in shares of White Mountains Insurance Group during the second quarter worth about $82,000. Finally, GAMMA Investing LLC raised its stake in White Mountains Insurance Group by 104.2% during the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock valued at $83,000 after purchasing an additional 25 shares during the period. Institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Down 1.5 %

NYSE WTM opened at $1,815.94 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. White Mountains Insurance Group, Ltd. has a 12 month low of $1,401.01 and a 12 month high of $1,899.91. The stock’s 50 day moving average is $1,778.68 and its 200 day moving average is $1,764.55. The stock has a market cap of $4.66 billion, a PE ratio of 8.22 and a beta of 0.43.

White Mountains Insurance Group (NYSE:WTM) last issued its earnings results on Wednesday, August 7th. The insurance provider reported ($2.74) earnings per share for the quarter. The company had revenue of $455.60 million for the quarter. White Mountains Insurance Group had a return on equity of 7.62% and a net margin of 21.40%.

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.