PNC Financial Services Group Inc. Decreases Stake in White Mountains Insurance Group, Ltd. (NYSE:WTM)

PNC Financial Services Group Inc. lowered its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 3.2% in the third quarter, Holdings Channel reports. The fund owned 541 shares of the insurance provider’s stock after selling 18 shares during the period. PNC Financial Services Group Inc.’s holdings in White Mountains Insurance Group were worth $918,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WTM. River Road Asset Management LLC lifted its position in shares of White Mountains Insurance Group by 1.6% during the 3rd quarter. River Road Asset Management LLC now owns 118,206 shares of the insurance provider’s stock worth $200,501,000 after buying an additional 1,886 shares during the last quarter. Select Equity Group L.P. lifted its position in shares of White Mountains Insurance Group by 18.9% during the 2nd quarter. Select Equity Group L.P. now owns 59,361 shares of the insurance provider’s stock worth $107,886,000 after buying an additional 9,430 shares during the last quarter. Reinhart Partners LLC. lifted its position in shares of White Mountains Insurance Group by 3.9% during the 3rd quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock worth $66,778,000 after buying an additional 1,490 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of White Mountains Insurance Group by 44.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 22,555 shares of the insurance provider’s stock worth $38,258,000 after buying an additional 6,896 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. lifted its position in shares of White Mountains Insurance Group by 0.8% during the 3rd quarter. Mraz Amerine & Associates Inc. now owns 21,198 shares of the insurance provider’s stock worth $35,956,000 after buying an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

White Mountains Insurance Group Stock Up 0.4 %

Shares of NYSE:WTM opened at $2,013.51 on Friday. The company has a market capitalization of $5.17 billion, a PE ratio of 7.97 and a beta of 0.43. 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 twelve month low of $1,401.01 and a twelve month high of $2,023.00. The firm has a 50 day simple moving average of $1,834.30 and a 200-day simple moving average of $1,783.78.

White Mountains Insurance Group 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.