Sequoia Financial Advisors LLC Has $1.50 Million Holdings in White Mountains Insurance Group, Ltd. (NYSE:WTM)

Sequoia Financial Advisors LLC lifted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 353.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 884 shares of the insurance provider’s stock after buying an additional 689 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in White Mountains Insurance Group were worth $1,500,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. OFI Invest Asset Management bought a new position in shares of White Mountains Insurance Group in the 2nd quarter valued at about $526,000. Harbor Capital Advisors Inc. grew its holdings in White Mountains Insurance Group by 282.1% during the second quarter. Harbor Capital Advisors Inc. now owns 1,192 shares of the insurance provider’s stock worth $2,166,000 after purchasing an additional 880 shares during the period. Lord Abbett & CO. LLC increased its position in White Mountains Insurance Group by 16.0% during the first quarter. Lord Abbett & CO. LLC now owns 28,472 shares of the insurance provider’s stock worth $51,088,000 after buying an additional 3,934 shares during the last quarter. Reinhart Partners LLC. raised its stake in White Mountains Insurance Group by 3.9% in the third quarter. Reinhart Partners LLC. now owns 39,369 shares of the insurance provider’s stock valued at $66,778,000 after buying an additional 1,490 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of White Mountains Insurance Group by 20.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 13,839 shares of the insurance provider’s stock valued at $24,831,000 after buying an additional 2,391 shares during the last quarter. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Stock Up 0.7 %

WTM stock opened at $1,844.29 on Friday. White Mountains Insurance Group, Ltd. has a 1-year low of $1,401.01 and a 1-year high of $1,899.91. The business’s 50 day simple moving average is $1,777.96 and its 200 day simple moving average is $1,764.19. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $4.73 billion, a PE ratio of 8.34 and a beta of 0.43.

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

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.