White Mountains Insurance Group, Ltd. (NYSE:WTM) Shares Sold by Pitcairn Co.

Pitcairn Co. trimmed its stake in shares of White Mountains Insurance Group, Ltd. (NYSE:WTM) by 6.8% during the third quarter, Holdings Channel reports. The firm owned 124 shares of the insurance provider’s stock after selling 9 shares during the period. Pitcairn Co.’s holdings in White Mountains Insurance Group were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hexagon Capital Partners LLC grew its stake in 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 worth $25,000 after buying an additional 10 shares during the last quarter. UMB Bank n.a. grew its position in shares of White Mountains Insurance Group by 40.0% during 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 last quarter. Family Firm Inc. bought a new position in shares of White Mountains Insurance Group during the second quarter worth about $82,000. GAMMA Investing LLC increased its holdings in shares of White Mountains Insurance Group by 104.2% in the 3rd quarter. GAMMA Investing LLC now owns 49 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 25 shares during the period. Finally, Quarry LP bought a new stake in White Mountains Insurance Group in the 2nd quarter valued at about $93,000. 88.65% of the stock is currently owned by institutional investors and hedge funds.

White Mountains Insurance Group Price Performance

NYSE WTM opened at $2,013.51 on Thursday. The company has a 50-day moving average price of $1,827.79 and a two-hundred day moving average price of $1,782.16. White Mountains Insurance Group, Ltd. has a 52 week low of $1,401.01 and a 52 week high of $2,023.00. The stock has a market cap of $5.17 billion, a price-to-earnings ratio of 7.93 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 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.