KBC Group NV Sells 53 Shares of White Mountains Insurance Group, Ltd. $WTM

KBC Group NV lowered its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 42.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 72 shares of the insurance provider’s stock after selling 53 shares during the period. KBC Group NV’s holdings in White Mountains Insurance Group were worth $129,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fifth Third Bancorp increased its stake in shares of White Mountains Insurance Group by 183.3% during the 2nd quarter. Fifth Third Bancorp now owns 17 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 11 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of White Mountains Insurance Group by 325.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 17 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 13 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in White Mountains Insurance Group by 90.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 21 shares of the insurance provider’s stock worth $40,000 after purchasing an additional 10 shares in the last quarter. Steph & Co. acquired a new position in White Mountains Insurance Group during the second quarter worth $47,000. Finally, CWM LLC increased its position in White Mountains Insurance Group by 34.8% during the second quarter. CWM LLC now owns 31 shares of the insurance provider’s stock worth $56,000 after buying an additional 8 shares during the last quarter. Institutional investors own 88.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of White Mountains Insurance Group in a research report on Wednesday. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

White Mountains Insurance Group Stock Performance

NYSE:WTM opened at $1,883.77 on Friday. White Mountains Insurance Group, Ltd. has a 1 year low of $1,648.00 and a 1 year high of $2,023.00. The firm’s fifty day simple moving average is $1,849.10 and its 200 day simple moving average is $1,812.64. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $4.81 billion, a PE ratio of 23.59 and a beta of 0.37.

White Mountains Insurance Group (NYSE:WTM) last released its earnings results on Thursday, November 6th. The insurance provider reported $72.21 earnings per share for the quarter, topping analysts’ consensus estimates of $57.00 by $15.21. White Mountains Insurance Group had a net margin of 8.34% and a return on equity of 9.17%. The firm had revenue of $864.20 million during the quarter.

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.