White Mountains Insurance Group, Ltd. $WTM Shares Purchased by TD Asset Management Inc

TD Asset Management Inc raised its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.6% in the second quarter, HoldingsChannel reports. The fund owned 1,618 shares of the insurance provider’s stock after purchasing an additional 26 shares during the period. TD Asset Management Inc’s holdings in White Mountains Insurance Group were worth $2,905,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in WTM. Fiduciary Management Inc. WI lifted its stake in shares of White Mountains Insurance Group by 46.2% in the 1st quarter. Fiduciary Management Inc. WI now owns 71,795 shares of the insurance provider’s stock valued at $138,264,000 after purchasing an additional 22,681 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in White Mountains Insurance Group by 8.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 62,466 shares of the insurance provider’s stock valued at $120,298,000 after buying an additional 4,711 shares in the last quarter. Cooke & Bieler LP raised its position in shares of White Mountains Insurance Group by 60.4% in the first quarter. Cooke & Bieler LP now owns 54,652 shares of the insurance provider’s stock worth $105,249,000 after acquiring an additional 20,582 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of White Mountains Insurance Group by 19.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 29,585 shares of the insurance provider’s stock worth $52,957,000 after acquiring an additional 4,728 shares in the last quarter. Finally, Select Equity Group L.P. grew its position in shares of White Mountains Insurance Group by 1.4% during the 1st quarter. Select Equity Group L.P. now owns 27,999 shares of the insurance provider’s stock valued at $53,921,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

White Mountains Insurance Group Price Performance

Shares of White Mountains Insurance Group stock opened at $1,934.91 on Tuesday. The business has a 50 day simple moving average of $1,805.33 and a two-hundred day simple moving average of $1,786.63. White Mountains Insurance Group, Ltd. has a 12 month low of $1,648.00 and a 12 month high of $2,023.00. The stock has a market capitalization of $4.99 billion, a P/E ratio of 24.23 and a beta of 0.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded White Mountains Insurance Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, White Mountains Insurance Group currently has a consensus rating of “Buy”.

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.